by AIP Online Bureau | May 30, 2022 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Reinsurance
`Debasish Panda, chiarman, IRDAI The industry has now 56 primary players and 12 foreign reinsurers “We would like to have many more players including micro insurers, insurtechs, niche and differentiated players who can operate with a much smaller capital and...
by AIP Online Bureau | May 30, 2022 | Workplace/Employee Benefits
“ With new eco-system that IRDAI is putting in place, which Panda described a “revolutionary phase,’ the industry which has almost reached Rs 10 trillion of premium income at the end of Fy2020-21 should be in a position to double it in next five...
by AIP Online Bureau | May 30, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
”Indian markets witnessed a smart rally on the back of positive global cues and early arrival of monsoon giving hopes of slowdown in inflation. On the global front, European and Asian markets edged higher following US market rally on last Friday,” said...
by AIP Online Bureau | May 30, 2022 | Indian News, Life
The corporations’ first year premium increased 32.65 per cent to Rs 14,663.19 crore and its renewal premium increased by 5.37 per cent to Rs 71,472.74.05 crore in the reporting quarter NEW DELHI: Life Insurance Corporation (LIC) of India has seen its net profits...
by AIP Online Bureau | May 30, 2022 | Eco/Invest/Demography, Health, Indian News, Policy
Rajasthan Chief Minister Ashok Gehlot ”Due to the costly treatment in today’s era, apart from the eligible families of SECC, the middle class also needs a scheme like Chiranjeevi Yojana across the country. I request you to increase the scope of Ayushman...