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Need safeguard measures before raising FDI limit to 100 pc in insurance: Par Panel

Need safeguard measures before raising FDI limit to 100 pc in insurance: Par Panel

by AIP Online Bureau | Mar 19, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation, Technology

Bhartruhari Mahtab,chairman, Standing Committee on Finance The Committee would like to emphasise the need for some safeguard measures to be in place to counter concerns like profit repatriation i.e. foreign investors sending earnings back to home countries rather than...
Red Sea insurance rates to stay firm as US airstrikes raise fears for ships

Red Sea insurance rates to stay firm as US airstrikes raise fears for ships

by AIP Online Bureau | Mar 19, 2025 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance

War risk premiums briefly eased to around 0.5% of the value of a ship after the January announcement from over 0.7% in December, before moving higher in February to 0.7% for some voyage rates. For some U.S. and UK linked ships, rates were quoted up to 2% in recent...
Home Insurance- Gaining Momentum in India’s Real Estate Market

Home Insurance- Gaining Momentum in India’s Real Estate Market

by AIP Online Bureau | Mar 19, 2025 | Articles, Banking & Bancassurance, Non-Life, Regulation, Reinsurance, Risk Management, Technology

Insurers are increasingly introducing innovative, customer-centric solutions to meet evolving consumer needs. For example, ‘pay-as-you-use’ home insurance allows coverage for specific periods, such as 10 days when homeowners are away on a trip, this can also be...

Yokahu launches first independent Parametric Exchange to transform disaster risk finance

by AIP Online Bureau | Mar 19, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

The platform enables real-time risk assessment, pricing, and seamless capacity allocation, broadening the ability of parametric (re)insurance to play a vital role in climate resilience and disaster preparedness London: Yokahu, a leading innovator in parametric...
No proposal to change retirement age of govt employees: Centre

No proposal to change retirement age of govt employees: Centre

by AIP Online Bureau | Mar 19, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

“No proposal to change the retirement age of government employees is under consideration of the government,” Union Minister of State for Personnel Jitendra Singh said New Delhi: The government is not considering any proposal to change the retirement age of...
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