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IndiaFirst Life sees 43% jump in APE in 2017-18

by AIP Online Bureau | Apr 12, 2018 | Indian News

  Mumbai: IndiaFirst Life Insurance today said it has witnessed 43 percent jump in individual annual premium equivalent (APE) on a year-on-year basis, with a new retail premium collection of Rs 575 crore in 2017-18.   For the year FY 2017-18, gross...

Modi to launch first health and wellness centre in Chhattisgarh

by AIP Online Bureau | Apr 12, 2018 | Health, Indian News

  New Delhi: Prime Minister Narendra Modi will  launch the first Health and Wellness Centre component of the Ayushman Bharat Programe at Bijapur, Chattisgarh, on April 14. The Ayushman Bharat has twin missions. First, creating a network of Health and...

IRDA asks general insurers to strictly comply with existing reinsurance regulations

by AIP Online Bureau | Apr 12, 2018 | Indian News, Regulation

  Hyderabad: Even as a new set of guidelines from the IRDAI on reinsurance placement in the Indian market is being keenly awaited upon, the insurance regulator has asked the general insurers to strictly comply with its existing norms on “Order of...

India on track to record 50 consecutive months of double-digit air passenger growth: IATA

by AIP Online Bureau | Apr 12, 2018 | Data

  India is on track to register 50 straight months of double-digit domestic air passenger growth in October 2018 as the near term outlook remains bright, global airlines' grouping International Air Transport Association (IATA) said today. IATA also said it...

Sharing economy: massive risk potential remains unrealised, Lloyd’s Report

by AIP Online Bureau | Apr 12, 2018 | Articles, Risk Management

  Differing views on who should take on sharing economy risk could prove a barrier to realising the sector’s exponential growth targets.   Lloyd’s, a growing global center for sharing economy insurance solutions, has launched “Sharing...
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