by AIP Online Bureau | Jan 10, 2020 | Indian News, Non-Life
Mumbai: Bulking the slow down trend in the economy, led by the New India Assurance, 34 general insurers, at Rs 1,42,023.78 crore, have recorded a growth of 15.41 per cent in the premium during the first nine months of FY 2019-20. Seven stand alone...
by AIP Online Bureau | Jan 10, 2020 | Health, Indian News, Non-Life, Regulation
Hyderabad: The insurance regulator wants a health insurance claims to be settled or rejected within 30 days from the date of receipt of last necessary document In the case of delay in the payment of a claim, the insurer will be liable to...
by AIP Online Bureau | Jan 10, 2020 | Eco/Invest/Demography, Indian News, Intermediaries, Life
Pune: M. R. Kumar, chairman,Life Insurance Corporation(LIC), has suggested two keyways to increase the life insurance penetration in the country: first the banks need to sell aggressively to their existing customers and the insurance companies need to go...
by AIP Online Bureau | Jan 10, 2020 | Eco/Invest/Demography, Indian News, Non-Life
New Delhi: The automobile industry recorded its worst-ever sales decline in two decades in 2019, with an unprecedented slowdown hampering vehicle offtake across segments, according to industry body SIAM. As per data released by the Society of Indian...
by AIP Online Bureau | Jan 10, 2020 | Eco/Invest/Demography, International News, Reinsurance
Chicago: Aon Securities, the investment banking division of Aon plc said catastrophe bond sector has surpassed USD100bn in cumulative issuance since its inception more than 20 years ago. The sector, which began with the placement of a USD45m...
