by AIP Online Bureau | Jan 10, 2019 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology
Los Angeles : The city of Los Angeles is suing International Business Machines Corp.’s Weather Channel unit, accusing the company of misleading consumers about how their location data was being used. In a complaint filed Thursday [Jan. 3] in...
by AIP Online Bureau | Jan 10, 2019 | Eco/Invest/Demography, Indian News, Life, Non-Life
Mumbai: The measure of insurance penetration and density reflects the level of development of insurance sector in a country. While insurance penetration is measured as the percentage of insurance premium to GDP, insurance density is calculated as the...
by AIP Online Bureau | Jan 10, 2019 | Indian News, Life
Hyderabad: The benefits paid on account of surrenders / withdrawals increased at Rs 99,265 crore in the Indian life insurance industry , of which state owned Life Insurance Corporation(LIC) accounted for Rs 51677.91 crore and private sector Rs...
by AIP Online Bureau | Jan 10, 2019 | Indian News, Life
Hyderabad: On the basis of total premium income, the market shares of Life Insurance Corporation ( LIC) decreased from 71.81 percent in 2016-17 to 69.36 percent in 2017-18. The market share of private insurers has increased from 28.19 percent in 2016-17 to...
by AIP Online Bureau | Jan 9, 2019 | Indian News, Non-Life, Reinsurance
Mumbai: The Indian Market Terrorism Risk Insurance Pool’s premium income has increased by 10 per cent in 2017-18 to Rs 516.18 crore as against Rs 503.67 crore in 2016-17. T he claims paid by the Pool during 2017-18...
