by AIP Online Bureau | Sep 10, 2025 | Indian News, Non-Life, Reinsurance, Risk Management, Technology
The new model, which includes more enhanced market data, crops, seasons and districts, provides invaluable insight for the risk management and insurance pricing of India’s two primary crop insurance schemes, the yield and parametric based Pradhan Mantri Fasal Bima...
by AIP Online Bureau | Sep 10, 2025 | Intermediaries, International News, Non-Life, Risk Management, Technology
Tadashi Yamanaka, executive officer of System at Sompo Direct Insurance Inc. said, “The introduction of Radar has enabled us to rapidly implement premium revisions that reflect changes in market, accident trends and customer risk profiles more accurately. We will...
by AIP Online Bureau | Sep 6, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy
Nirmala Sitharaman,Finance Minister Within days of the decision, from car makers to public sector insurance companies and shoe and apparel brands have already announced significant price cuts and the rest are likely to follow suit by the time new GST rates are...
by AIP Online Bureau | Sep 6, 2025 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
Jérôme Jean Haegeli, Swiss Re’s Global Chief Economist, says: “The rapid expansion of the P&C market is not only about scale, but also about greater capability and resilience. Insurers have become more efficient at pricing, managing and transforming risk,...
by AIP Online Bureau | Sep 6, 2025 | Eco/Invest/Demography, Indian News
Founded in 2015 by Dhirendra Mahyavanshi and Anand Prabhudesai, Turtlemint is designed to simplify the purchase and man agement of insurance policies. The firm has sold 1.6 crore policies through its network of over five lakh advisers. New Delhi: Turtlemint Fintech...
