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Global reinsurance market to see consolidation, product & service innovation:S&P

by AIP Online Bureau | Sep 3, 2019 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance, Risk Management

  New York: S&P Global Ratings has kept its stable outlook on the global reinsurance sector and on the majority of the reinsurers it rates.   This assessment is mostly based on reinsurers' still-robust capital adequacy and relatively disciplined...

Amit Shah assures Rs 2 lakh insurance for J&K panchayat members

by AIP Online Bureau | Sep 3, 2019 | Eco/Invest/Demography, Indian News, Non-Life

  New Delhi: In a major decision in the first meeting with a delegation from Jammu and Kashmir after removal of Article 370 and bifurcation of the state, Union Home Minister Amit Shah on Tuesday assured of providing Rs 2 lakh life insurance cover to each panch...

LIC western zone sets 11% growth in new premium mop-up in FY20

by AIP Online Bureau | Sep 3, 2019 | Indian News, Life

  Mumbai: National insurer Life Insurance Corporation's western zone is looking to sell 39.75 lakh new policies worth Rs 11,375 crore in premium income this financial year, almost 11 percent over the past fical year.   The western zone consists of...

Delhi Police issues 3,900 challans on first day of newly amended Motor Vehicles Act

by AIP Online Bureau | Sep 3, 2019 | Indian News, Non-Life, Policy

  New Delhi: The Delhi Police issued 3,900 challans, including 45 to drink and drive and 557 for dangerous driving, to traffic rule violators on the first day of the newly amended Motor Vehicles Act, which came into effect, officials said.   Parliament had...

Cancer now a bigger killer than heart diseases in rich nations: Study

by AIP Online Bureau | Sep 3, 2019 | Facts

Cancer has become the leading cause of death in rich nations, overtaking heart disease, according to the results of two landmark, decade-long global surveys of health trends released Tuesday.   Heart disease remains the leading cause of mortality among...
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