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Indian health insurance industry anticipates a transformative 2024

Indian health insurance industry anticipates a transformative 2024

by AIP Online Bureau | Dec 31, 2023 | Articles, Health, Non-Life, Regulation, Risk Management, Technology

Prasun Sikdar, MD and CEO, ManipalCigna Health Insurance The initiatives such as a unified network of hospitals and 100% health insurance claim settlement system nationwide will offer flexibility to consumers and significantly reduce the financial burden With growing...
Progressive Indian general insurance sector

Progressive Indian general insurance sector

by AIP Online Bureau | Dec 31, 2023 | Articles, Eco/Invest/Demography, Health, Non-Life, Policy, Regulation, Risk Management, Technology

 Ritesh Kumar, MD & CEO, HDFC ERGO General Insurance The IRDAI initiated the journey towards adopting IFRS 17 and implementing risk-based supervision and capital frameworks. Looking ahead, significant developments are anticipated in the general insurance...
Health Insurance: Key developments poised to redefine the sector

Health Insurance: Key developments poised to redefine the sector

by AIP Online Bureau | Dec 31, 2023 | Articles, Eco/Invest/Demography, Health, Non-Life, Regulation

Krishnan Ramachandran, MD & CEO at Niva Bupa In a bid to simplify health insurance for customers, IRDAI has introduced standardization guidelines, with the latest being the Customer Information Sheet (CIS). This initiative aims to demystify policy benefits and...

Global Economy: Rising shipping costs to push inflation

by AIP Online Bureau | Dec 31, 2023 | Eco/Invest/Demography, International News, Risk Management

Combined with disruptions at a drought-stricken Panama Canal in the Western Hemisphere, the rise in merchant shipping rates poses headwinds for central bankers in their inflation fight Shipping costs are rising as hundreds of container ships that typically transit the...

US sinks 3 Houthi vessels that attacked its container ship in Red Sea

by AIP Online Bureau | Dec 31, 2023 | Eco/Invest/Demography, International News, Risk Management

CENTCOM said the navy responded to a request for assistance from the Maersk Hangzhou, a Singapore-flagged, Denmark-owned and operated container ship that reported coming under attack for a second time in 24 hours while transiting the Red Sea The Houthis have...
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