by AIP Online Bureau | Jan 26, 2022 | Health, Indian News, Life, Non-Life
“The industry has long pending expectations from the policy makers for incentivizing people to get life insurance by giving a separate deduction limit of minimum Rs 1 lakh for insurance premium payment under Section 80C,” Tarun Rustagi Chief Financial...
by AIP Online Bureau | Jan 25, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News
Only 38 percent of natural peril losses were covered by insurance, an improvement from last year CHICAGO: Aon plc’s 2021 Weather, Climate and Catastrophe Insight report reveals a total of $343 billion in economic losses in 2021, $329 billion of which resulted from...
by AIP Online Bureau | Jan 25, 2022 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Technology
Report identifies four industries that CyberCube believes will be targeted by cyber criminals – especially ransomware actors – in 2022. These are: healthcare, education, manufacturing and utilities. CyberCube also expects to see ransomware threat actors targeting...
by AIP Online Bureau | Jan 25, 2022 | Indian News, Life
Investments of policyholders have grown Rs 5.9 lakh crore to Rs 37.72 lakh crore in the first half of FY22. Investments of shareholders grew Rs 56.17 crore to Rs 6,311 crore Mumbai: IPO-bound Life Insurance Corporation of India (LIC) on Tuesday reported a profit after...
by AIP Online Bureau | Jan 24, 2022 | Indian News, Life, Policy
The Central Board of Direct Taxes (CBDT), that frames policy for the income tax department, had on January 18 notified the rules stating the method of calculation of capital gains with regard to ULIPs with annual premium of more than Rs 2.5 lakh and subsequently...
