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Govt says El Nino threat to agri sector manageable due to better irrigation and reserves

Govt says El Nino threat to agri sector manageable due to better irrigation and reserves

by AIP Online Bureau | Apr 18, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Risk Management

Shivraj Singh Chouhan,Union Agriculture Minister India has expanded micro-irrigation networks, introduced climate-resilient seed varieties and strengthened early-warning systems – changes the government said have materially reduced the sector’s...
Govt approves Rs950 cr BMI Pool along with Rs12,980 cr Sovereign Maritime Fund,to support Indian linked vessels at affordable cost

Govt approves Rs950 cr BMI Pool along with Rs12,980 cr Sovereign Maritime Fund,to support Indian linked vessels at affordable cost

by AIP Online Bureau | Apr 18, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

Earlier, looking beyond the ongoing West Asia crisis, which has severely paralysed global maritime trade and as a permanent measure,the Government and the Indian general insurers, led by state owned GIC Re, New India Assurance(NIA) and other general insurers, have...
Prudential plc appoints Amit Dave as CEO of Indian health JV

Prudential plc appoints Amit Dave as CEO of Indian health JV

by AIP Online Bureau | Apr 18, 2026 | Health, Indian News, Regulation

Ami Dave Naveen Tahilyani, Regional CEO, Prudential, said “ Amit will lead Prudential Health India through its next phase of growth, including securing regulatory approvals and building a differentiated health proposition that is fully aligned with Prudential’s global...
Women financially active but lack tailored advice, reveals HSBC report

Women financially active but lack tailored advice, reveals HSBC report

by AIP Online Bureau | Apr 17, 2026 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

The report explains that financial fluency goes beyond basic education and requires adaptable planning aligned with different life stages. It noted that static financial advice often fails to address dynamic needs such as career changes, caregiving responsibilities,...
IRDAI retains obligatory at 4% for GIC Re in FY26-27

IRDAI retains obligatory at 4% for GIC Re in FY26-27

by AIP Online Bureau | Apr 17, 2026 | Indian News, Non-Life, Regulation, Reinsurance

The government has notified the move, on Friday, saying that the entire Obligatory Cession is to be placed with General Insurance Corporation of India (GIC Re) only, though, there are two other Indian reinsurers- Valueattics Reinsurance Company and Allianz Jio...
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