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General insurance industry’s premium rises 15% to Rs 25k in Dec 2023

by AIP Online Bureau | Jan 5, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life

In a move that supported the growth of the industry, New India Assurance(NIA), the country’s largest general insurer, after lying low with a single digit growth for the last few quarters, has expanded its topline by 14.47 per cent to Rs 4,070 crore in the month...

APAC sovereigns exposed to flooding risks, have limited capacity to adapt: Fitch

by AIP Online Bureau | Jan 5, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

In South Asia, Bangladesh is the most prone to the risk of flooding. The materialisation of climate risks in these regions could lead to high economic losses. The cost of relocation from flood-prone areas and rebuilding following floods could be high, leading to...

India providing security escort for container ships around Red Sea

by AIP Online Bureau | Jan 5, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Risk Management

Containers could face delays of 14 days in their turnaround time due to the longer route which is also causing higher transport and insurance costs, the source, who spoke on condition of anonymity, added New Delhi: India’s defence ministry is providing...

619 cases of Covid sub-variant JN.1 reported from 12 states till Jan 4

by AIP Online Bureau | Jan 5, 2024 | Data, Eco/Invest/Demography, Health, Non-Life

They said 199 cases have been reported from Karnataka, 148 from Kerala, 110 from Maharashtra, 47 from Goa, 36 from Gujarat, 30 from Andhra Pradesh, 26 from Tamil Nadu, 15 from Delhi, 4 from Rajasthan 2 from Telangana and one each from Odisha and Haryana. New Delhi:...

Indian Dental Association and CoverYou enters into a strategic partnership

by AIP Online Bureau | Jan 5, 2024 | Briefs, Health, Intermediaries, Non-Life

Insurance broker CoverYou has entered into a partnership with Indian Dental Association (IDA), representing more than 75,000 dental professionals in 33 states with 450 local branches, to offer a wide range of insurance products designed to safeguard their professional...
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