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GST panel deliberates on lowering rate on health insurance, tractors

by AIP Online Bureau | Oct 4, 2024 | Eco/Invest/Demography, Health, Indian News, Policy

As per experts, health insurance is likely to see a decrease from 18 per cent to 12 per cent, while term insurance may attract a GST of 5 per cent New Delhi: As the government focuses on GST 2.0 which further eases tax laws, enhance tax simplification and adoption of...
Per capita income in India to increase by at least $2,000 in 5 years: FM Sitharaman

Per capita income in India to increase by at least $2,000 in 5 years: FM Sitharaman

by AIP Online Bureau | Oct 4, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Wealth Management/ Philanthropy

Nirmala Sitharaman, Union Finance Minister “India finds itself amid the global geopolitical repositioning effort which has been going on. This repositioning can act as a structural force to India’s advantage by creating robust supply chains with countries...
Nilesh Garg quits as MD &CEO of Tata AIG General Insurance

Nilesh Garg quits as MD &CEO of Tata AIG General Insurance

by AIP Online Bureau | Oct 4, 2024 | Indian News, Non-Life, Technology

Nilesh Garg, MD& CEO, Tata AIG  General Insurance It is not yet known who will succeed Garg at Tata AIG General Insurance. During last one year, Rs three lakh trillion Indian general insurance industry has seen change of guards in many big companies Mumbai:...

More than 1-in-3 people globally vulnerable to flood Risk, says Moody’s

by AIP Online Bureau | Oct 3, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

South Asia is the most flood-prone region, with almost 40% of its inhabitants susceptible to inland flooding and just over 5% at risk from coastal flooding at the 100-year return period level London: As the Southeastern US and central Europe contend with the aftermath...

Microinsurance Network announces partnership with African Insurance Organisation

by AIP Online Bureau | Oct 3, 2024 | Eco/Invest/Demography, International News, Life, Non-Life

Together, MiN and AIO, with additional support from the International Labour Organization (ILO)’s Impact Insurance Facility aim to create a robust platform for knowledge sharing, capacity building, and the promotion of product development to enhance the inclusive...
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