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Govt’s Bima Sakhi Scheme enrolls over 2 lakh women

Govt’s Bima Sakhi Scheme enrolls over 2 lakh women

by AIP Online Bureau | Jul 22, 2025 | Indian News, Intermediaries, Life

Pankaj Chaudhary, minister of state ,Ministry of Finance LIC has already paid Rs115.13 crore to 2,05,896 Bima Sakhis in the country till July 14 New Delhi: Life Insurance Corporation (LIC) has provided a budget of Rs 520 crore for the government’s Bima Sakhi-...
India’s financial inclusion index improves, surges to 67 from 64.2 in March 2024: RBI

India’s financial inclusion index improves, surges to 67 from 64.2 in March 2024: RBI

by AIP Online Bureau | Jul 22, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation

It captures the level of financial inclusion using data from different sectors, including banking, insurance, investments, pensions and postal services. Mumbai: The Reserve Bank of India (RBI) on Tuesday said that the country’s financial inclusion index...
Natural disasters like floods emerge as top reason for buying home insurance in India: Survey

Natural disasters like floods emerge as top reason for buying home insurance in India: Survey

by AIP Online Bureau | Jul 22, 2025 | Data, Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management

The survey highlighted that 41 per cent of the respondents in last 6 months consider natural calamities such as floods, earthquakes, and storms as the primary reason to purchase home insurance. These events have made people realise the importance of securing their...

TRAI convenes joint committee of regulators on issues of spam and cyber fraud

by AIP Online Bureau | Jul 22, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Risk Management

Key outcomes were urgent transition to 1600-Series for Commercial Calls, regulators, discussed setting up timelines for migration to the dedicated 1600-number series for transactional and service calls in the banking, financial services, and insurance (BFSI) sectors....
Deadly Flash Floods in Asia and U.S: Urgent need for early warnings

Deadly Flash Floods in Asia and U.S: Urgent need for early warnings

by AIP Online Bureau | Jul 22, 2025 | Articles, Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management

“Flash floods are not new, but their frequency and intensity are increasing in many regions due to rapid urbanization, land-use change, and a changing climate. Rising temperatures play a role because each additional degree Celsius of temperature increase allows the...
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