by AIP Online Bureau | Sep 11, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Girija Subramanian, CMD, New India Assurance Till July 2025, 12 insurance companies have issued around 1,600 ISBs as ‘Bid Security’ and 207 ISBs as ‘Performance Security’ valued at around Rs 10,369 crores for NHAI contracts While the Indian general insurance industry...
by AIP Online Bureau | Sep 10, 2025 | Eco/Invest/Demography, Indian News, Intermediaries, Non-Life
Ace Insurance Broker known for arranging major covers for Adani Group Market sources say Blackstone has acquired 70 per cent of Ace , set up by Raj Vinay Ajmera and Anil Arora, for over Rs 1700 crores Though, Blackstone has majority stakes with a five year lock in...
by AIP Online Bureau | Sep 10, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
“From Rs 42,702 crore of net flow on July 25 to Rs 33,430 crore on August 25, the trend has slowed. I’m surprised by this. Even so, the industry’s average net flows over the previous year, from August 2024 to August 2025, were just Rs 33,000...
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...
