by AIP Online Bureau | Mar 31, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Pandemic, Policy, Workplace/Employee Benefits
States and UTs were briefed that India has been witnessing an increase in COVID-19 cases with average daily cases rising to 966 in the week ending March 23 2023 from 313 average daily cases in the week ending March 3 2023; and weekly positivity going up to 1.08 per...
by AIP Online Bureau | Mar 31, 2023 | Indian News, Life, Non-Life, Regulation
Three new players have been given licenses in FY2022-23. Another 20 players which intend to enter country’s life, non-life and reinsurance sector are in the pipeline, said IRDAI on Friday. Hyderabad: Finally, the long dry spell of new life players have come an...
by AIP Online Bureau | Mar 31, 2023 | Eco/Invest/Demography, Indian News, Life, Non-Life, Reinsurance
Domestic Systemically Important Insurers refer to insurers of such size, market importance, and domestic and global interconnectedness, whose distress or failure would cause a significant dislocation in the domestic financial system, said the Irdai Hyderabad: Life...
by AIP Online Bureau | Mar 31, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance
“In our view, the opportunities to pursue decarbonisation goals in a collective approach among insurers worldwide without exposing ourselves to material antitrust risks are so limited that it is more effective to pursue our climate ambition to reduce global warming...
by AIP Online Bureau | Mar 31, 2023 | Briefs, Non-Life
New Delhi: IFFCO-TOKIO General Insurance has achieved a 16 per cent growth in its gross premium to of Rs 10,000 crores in 2022-23.H.O. Suri, managing director & CEO, IFFCO Tokio stated that “‘‘Health Insurance’ and ‘Crop Insurance’ verticals are the top most...
