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Insurers can’t deny Carona covers to customers: IRDAI

by AIP Online Bureau | May 10, 2021 | Health, Indian News, Life, Non-Life, Pandemic, Regulation

  Hyderabad: The insurance rgulator IRDAI has reminded the the insurers that they can't  deny, including renewals  carona specific covers to any customers,     Suresh Mathur, executive director, IRDAI, has written a letter...

Non-life insurance cos register 22 pc growth in gross premium at Rs 17,310 cr in Apr

by AIP Online Bureau | May 10, 2021 | Health, Indian News, Non-Life

  Mumbai: Led by state owned New India Assurance, the gross direct premium written by non-life insurance companies rose by over 22 per cent in April this year to Rs 17,309.54 crore, as per regulatory data. All the 33 insurance companies in the non-life segment...

Alamelu panel suggests 2 new Title Insurance products 

by AIP Online Bureau | May 10, 2021 | Indian News, Non-Life, Reinsurance

  Hyderabad: A two year old Working Group constituted by the insurance regulator IRDAI under T. L. Alamelu, member(Non-life), IRDA has made various recommendations,including two new product structures for Title Insurance. The two new products which are suggested...

China’s population growth slows; nation becomes older and urbanised

by AIP Online Bureau | May 10, 2021 | Eco/Invest/Demography, International News, Life

  Beijing: China’s population growth has been slowing for decades as a combination of rising incomes and a restrictive one-child policy reduced births in the world’s most populous nation. The possibility of a declining population in coming years...

India’s COVID-19 cases dip from peak, calls for shutdown mount

by AIP Online Bureau | May 9, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic

  New Delhi: Calls grew for India to impose a nationwide lockdown as new coronavirus cases and deaths held close to record highs on Monday, increasing pressure on the government of Prime Minister Narendra Modi. The health ministry reported 366,161 new infections...
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