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Budget FY2024-25: Indian Insurance Industry’s Wish-list

by AIP Online Bureau | Jul 8, 2024 | Articles, Eco/Invest/Demography, Health, Life, Non-Life, Reinsurance

The upcoming Budget 2024-25 is crucial for advancing insurance accessibility and inclusivity, in line with IRDAI’s ‘insurance for all by 2047′ vision. Some of the important functionaries of the Indian industry put forward a few demands before union...

June warmest on record every month since July 2023 breached 1.5 deg C threshold

by AIP Online Bureau | Jul 8, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management

This was also the 13th consecutive month of record-high temperatures, driven by the 2023-24 El NiƱo event and human-caused climate change. A similar streak occurred in 2015-2016 New Delhi: With millions experiencing scorching heat last month, the European...
Kerala culls 310 pigs to contain African Swine Fever outbreak

Kerala culls 310 pigs to contain African Swine Fever outbreak

by AIP Online Bureau | Jul 7, 2024 | Eco/Invest/Demography, Health, Indian News, Risk Management

This marks the latest incident in the country’s ongoing battle with ASF, which first appeared in the northeastern states of Assam and Arunachal Pradesh in May 2020. Since then, the disease has spread to approximately 24 states and union territories across the...
Term Insurance: Multiple features with flexible options

Term Insurance: Multiple features with flexible options

by AIP Online Bureau | Jul 7, 2024 | Articles, Eco/Invest/Demography, Life, Pension & Social Security, Wealth Management/ Philanthropy

Several term plans come with the flexibility of being converted into an endowment policy or a pension fund with monthly annuities, thus becoming more attractive to people Amit Jaiswal, Chief BALIC Direct Officer, Bajaj Allianz Life Insurance One of the simplest forms...

Govt mulls doubling number of AB-PMJAY beneficiaries insurance amount

by AIP Online Bureau | Jul 7, 2024 | Eco/Invest/Demography, Health, Indian News, Policy

“Discussions are happening to double the beneficiary base under the AB-PMJAY over the next three years, which, if implemented, will cover more than two-third population of the country with health cover, the sources said while noting that medical expenditure is...
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