by AIP Online Bureau | Feb 15, 2023 | Health, International News, Non-Life, Reinsurance
For life and health insurers, who absorb related financial shocks through disability and income protection insurance, this is manifest in paying out close to USD 15 billion in mental health-related disability insurance claims annually. In many countries, this number...
by AIP Online Bureau | Feb 15, 2023 | Briefs, Non-Life
SBI General, one of India’s leading General Insurance Companies, has carried out a massive PMFBY (Pradhan Mantri Fasal Bima Yojana) Policy Distribution Drive – “Meri Policy Mere Haath” under the “Azaadi Ka Amrit Mahotsav” Campaign...
by AIP Online Bureau | Feb 15, 2023 | Briefs, Life
PNB MetLife, one of India’s leading life insurers, has announced the launch of 20 new branches across India. PNB MetLife already has an extensive distribution network in the country with over 135 branches and opening up these new branches is in line with their...
by AIP Online Bureau | Feb 15, 2023 | Eco/Invest/Demography, Indian News
According to UIDAI, 1.30 billion people were enrolled under Aadhaar on December 31, 2022, against a projected population then of 1.37 billion. The gap would mostly be children who are not enrolled and deaths that are not updated, the former UIDAI official said. NEW...
by AIP Online Bureau | Feb 15, 2023 | Indian News, Non-Life, Reinsurance
The private insurer has invited coupon and commitment bids from bankers and investors on Thursday,. MUMBAI: India’s HDFC Ergo General Insurance plans to raise Rs 3 billion ($36.18 million) selling subordinated bonds maturing in 10 years, two merchant bankers...