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Indian general insurance prm to cross Rs 3 trillion by FY 2025, says ICRA

Indian general insurance prm to cross Rs 3 trillion by FY 2025, says ICRA

by AIP Online Bureau | May 15, 2023 | Indian News, Non-Life, Reinsurance

Neha Parikh, vice president and sector head – Financial Sector Ratings, ICRA, says: “ICRA expects the GDPI to expand by a healthy 13-15% to Rs. 2.73-2.78 trillion by FY2024 and further by 12-14% to Rs. 3.06-3.17 trillion by FY2025. Driven by the improving distribution...

Obesity speeds up loss of immunity from COVID vaccines – new research

by AIP Online Bureau | May 15, 2023 | Facts, Health, Non-Life, Pandemic

Obesity – and its association with several other conditions such as type 2 diabetes, high blood pressure and chronic kidney disease – leads to an increased risk of severe COVID COVID vaccines are very effective, but for some groups they don’t generate as strong an...

Roots Automation Introduces InsurGPT -an advanced generative AI model for insurance

by AIP Online Bureau | May 15, 2023 | International News, Non-Life, Reinsurance, Technology

InsurGPT utilizes a deep corpus of insurance specific data and documents alongside systems and process knowledge to significantly improve the accuracy, speed, and validity of data extraction and inferencing, while reducing false-positives, ‘hallucinations,’ that...

by AIP Online Bureau | May 14, 2023 | Workplace/Employee Benefits

Shriram Life Insurance posts Rs 156 cr net profit in FY22-23

Shriram Life Insurance posts Rs 156 cr net profit in FY22-23

by AIP Online Bureau | May 14, 2023 | Indian News, Life

”Our growth has advanced thanks to the adoption of technology and innovation, enabling more rural policy holders to complete their paperless statements,” company Managing Director Casparus J H Kromhout said Chennai: Shriram Life Insurance Company has...
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