by AIP Online Bureau | Nov 28, 2024 | Data, Non-Life, Policy
Responding to questions regarding the number of victims who had availed of insurance through e-tickets, Railways Minister Ashwini Vaishnaw said 22 claims were registered under the Optional Travel Insurance Scheme during the period from November 1, 2019, to October 31,...
by AIP Online Bureau | Nov 28, 2024 | Health, Indian News, Policy
A bench of Chief Justice Manmohan and Justice Tushar Rao Gedela said it was “strange” that the Delhi government was not accepting Centre’s aid when there was “no money” with it for its healthcare system New Delhi: The Delhi High Court on...
by AIP Online Bureau | Nov 28, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Risk Management
In recent weeks, four strong typhoons impacted the Philippines one after the other, highlighting the country’s vulnerability to increased frequency and intensity of extreme weather events. Economic damages from climate-related disasters could be as high as 7.6% of...
by AIP Online Bureau | Nov 27, 2024 | Health, Indian News, Policy
According to sources in the insurance industry, LIC’s choice of Manipal Cigna is purely on the basis of cheaper valuation among the old stand alone health insurance companies New Delhi: Life insurance behemoth Life Insurance Corporation (LIC) is considering...
by AIP Online Bureau | Nov 26, 2024 | Indian News, Non-Life, Reinsurance
One more Lloyd’s Syndicate Volante has received a license from the Indian insurance regulator IRDAI to join the existing Lloyd’s platform in Mumbai while another major reinsurer Berkley Insurance Asia has ventured into the the Gujarat International Finance...