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wefox agrees to sell insurance carrier to a group of Swiss companies led by BERAG

by AIP Online Bureau | Dec 2, 2024 | Health, International News, Non-Life, Pension & Social Security, Regulation, Technology

wefox has agreed to sell the insurance company to a group of Swiss companies led by BERAG. BERAG is an independent Swiss provider of pension services and in recent years has represented wefox Insurance AG as an MGA in Switzerland and built up the daily sickness...
PM Modi expresses concern over threats emanating from digital frauds, cybercrimes

PM Modi expresses concern over threats emanating from digital frauds, cybercrimes

by AIP Online Bureau | Dec 2, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Technology

Prime Minister Narendra Modi As a counter measure to the potential threats generated by digital frauds, cybercrimes and AI technology, the prime minister called on the police leadership to convert the challenge into an opportunity by harnessing India’s double AI...
India passenger vehicle sales up 4 pc to 3.5 lakh units in Nov

India passenger vehicle sales up 4 pc to 3.5 lakh units in Nov

by AIP Online Bureau | Dec 2, 2024 | Data, Eco/Invest/Demography, Non-Life

Maruti Suzuki India sold a total of 181,531 units, including domestic sales of 144,238 units, against 1,34,158 units in the year-ago month which is a growth of 5.5 per cent New Delhi: The passenger vehicle (PV) sales in India increased about 4 per cent (year-on-year)...
Health, life insurance premium to fall if GST Council decides to reduce taxes on premium: FM

Health, life insurance premium to fall if GST Council decides to reduce taxes on premium: FM

by AIP Online Bureau | Dec 2, 2024 | Health, Indian News, Life, Policy, Regulation

Nirmala Sitharaman, Finance Minister “…The matter of review of GST rates on life and health insurance is pending before the GoM. If a recommendation for a reduction in GST rate is made by the GST Council, the cost of insurance to the policy holder is expected to...
ACKO’s 2024 Accident Index:78% of all road accidents in India occur in metro cities

ACKO’s 2024 Accident Index:78% of all road accidents in India occur in metro cities

by AIP Online Bureau | Dec 2, 2024 | Data, Non-Life, Risk Management

Most Accident-Prone Cars Hyundai i10 topped the list as the car involved in the highest number of accidents, followed by the Maruti Suzuki Swift and Maruti Suzuki Baleno. Hyundai i20 and Maruti Suzuki Dzire ranked fourth and fifth, respectively Mumbai: Metro cities...
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