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FDI in insurance industry can be raised to 74% over next 5-10 yrs, Sathe

by AIP Online Bureau | Apr 30, 2019 | Indian News, Life

  Hyderabad Nilesh Sathe, member, Life, IRDAI  has said that the foreign direct investment(FDI)  limit in the insurance sector  can be further raised from 49 per cent to 74 per cent over  a period of next five to 10 years.   “FDI...

Severe cyclonic storm ‘Fani’ heading towards Odisha

by AIP Online Bureau | Apr 30, 2019 | Disaster & Management, Eco/Invest/Demography, Indian News

  New Delhi: Cyclone ‘Fani’ intensified into a ‘severe cyclonic storm’ on Monday evening and is headed towards the Odisha coast, the India Meteorological Department (IMD) said.   It could take a shape of an ‘extremely severe...

Data and alternative risk finance methods are boosters for risk managers:Report  

by AIP Online Bureau | Apr 29, 2019 | International News, Risk Management, Technology

  New York: Risk managers are operating in an environment rich in data that when combined with growing alternative risk solutions can result in more robust risk finance strategies and more resilient organizations, according to a new report published today by...

“We do write a lot of agriculture business and it contributes to about 40% of our business in India”

by AIP Online Bureau | Apr 29, 2019 | Interviews, Reinsurance

  Swiss Re has completed more than one year of direct operations in Indian market. How do you see the Indian market? The reason that we have established direct operations in India is because we wanted to be on the ground, to better understand and cater to the...

Tesla to launch insurance products in May

by AIP Online Bureau | Apr 29, 2019 | International News, Non-Life, Technology

  Tesla, the electric car maker,plans to launch its own insurance product in May The company's co-founder and CEO Elon Musk confirmed the company’s insurance  plans in a Q1 earnings call.     When asked during an earnings call if Tesla is...
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