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New life premium mop-up inches up 2.41% in December

by AIP Online Bureau | Jan 12, 2019 | Indian News, Life

  New DelhI: New business premium collection by the life insurance industry has grown 2.41 percent to Rs 1.41 trillion as of December, show the data released by the apex industry body.   The industry collected Rs 1,41,584 crore as against Rs 1,38,253 crore...

Sharing Safety:Toyota offers Its Driver Assistance Technology to Competitors

by AIP Online Bureau | Jan 11, 2019 | International News, Non-Life, Risk Management, Technology

  Las Vegas: Toyota Motor Corp. — in an unusual move for the cut-throat car business — has decided to share with rivals an automated safety system that uses self-driving technology to keep cars from crashing.   The system, known as Guardian, will...

Smart Car makers see safety enhancements turning into revenue opportunities

by AIP Online Bureau | Jan 11, 2019 | Non-Life, Risk Management, Technology

  Las Vegas: As vehicles get smarter, your car will be keeping eyes on you.   This week at CES, the international consumer electronics show in Las Vegas, a host of startup companies will demonstrate to global automakers how the sensor technology that watches...

Joseph Panel suggests measures to accord chartered institute status on IIISLA

by AIP Online Bureau | Jan 10, 2019 | Indian News, Intermediaries, Non-Life, Regulation

  Hyderabad: A committee headed by PJ Joseph, member(non-life), IRDAI, has deliberated on the prospects, challenges, risks and opportunities with regard to a  proposal from Indian Institute of Insurance Surveyors and Loss...

Bengal pulls out of Ayushman Bharat

by AIP Online Bureau | Jan 10, 2019 | Eco/Invest/Demography, Health, Indian News

  Kolkata:  West Bengal chief minister Mamata Banerjee today announced withdrawal  of  the state from its share of Ayushman Bharat alleging that Prime Minister Narendra Modi is taking all the credit for the health scheme while ignoring the...
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