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Generali Central Life Insurance launches Term ULIP

by AIP Online Bureau | Oct 31, 2025 | Briefs, Life, Wealth Management/ Philanthropy

Generali Central Life Insurance (erstwhile Future Generali India Life Insurance) has launched a Term with Unit Linked Insurance Plan (TULIP)-Generali Central Sampoorna Samadhaan Plan. This innovative offering combines robust life protection with long-term wealth...
Reimagining Insurance:AI set to unlock next $4 billion profit opportunity in India

Reimagining Insurance:AI set to unlock next $4 billion profit opportunity in India

by AIP Online Bureau | Oct 30, 2025 | Articles, Eco/Invest/Demography, Life, Non-Life, Risk Management, Technology

India’s Insurtech ecosystem is at a sizeable scale, with cumulative valuations crossing USD 15.8 billion and revenues growing reaching USD 0.9 billion in 2024 – a 10x increase since 2019. The sector has 2 unicorns, 8 players between USD 100 million to USD 1...
Aiming affordability,IRDAI chief hints at key distribuition reforms in Indian insurance sector

Aiming affordability,IRDAI chief hints at key distribuition reforms in Indian insurance sector

by AIP Online Bureau | Oct 30, 2025 | Eco/Invest/Demography, Health, Indian News, Intermediaries, Life, Non-Life

“We see BIMA Sugam as an efficient consumer-facing platform, which is getting ready and at the back-end are the insurance companies. They have made a beginning as their products and services should be coming in the market in the next few quarters.”Ajay...
India Retirement Index Study: Balancing finance, health, and emotion

India Retirement Index Study: Balancing finance, health, and emotion

by AIP Online Bureau | Oct 29, 2025 | Articles, Eco/Invest/Demography, Health, Life, Pension & Social Security

Sumit Madan, MD and CEO, Axis Max Life said, “IRIS 5.0 signals a clear shift towards smarter and more holistic retirement planning. Today’s consumers are showing greater health consciousness, higher product awareness, and sustained financial confidence. As health...
Jamaica’s insured losses from Hurricane Melissa likely to fall on reinsurers:AM Best

Jamaica’s insured losses from Hurricane Melissa likely to fall on reinsurers:AM Best

by AIP Online Bureau | Oct 29, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

In its Best’s Commentary, “Jamaica’s Insured Losses From Hurricane Melissa Likely to Fall to Reinsurers,” AM Best notes thatinsurance penetration in Jamaica is low as only a small portion of property is insured on the island, which will limit insured losses....
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