by AIP Online Bureau | Jul 22, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Technology
“Agriculture premiums will likely rise from 2024 onwards, with an average real premium growth of 2.5 per cent over the medium term, supported by improvements in insurance infrastructure such as mobile applications and remote sensing for crop loss...
by AIP Online Bureau | Jul 22, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology
Vision is for India to evolve as a ‘fintech nation’ with the highest number of fintech firms and the highest fintech adoption rate by incumbents fuelled by digital public infrastructure,” the Survey highlighted “An approach should be evolved for common user...
by AIP Online Bureau | Jul 22, 2024 | Health, Indian News, Non-Life, Policy, Reinsurance
“Considering the multiplier effect of low costs, the scheme saves more than 1.25 lakh crore of out-of-pocket expenditure for poor and deprived families,” Finance Minister Nirmala Sitharaman said New Delhi: More than 34.7 crore Ayushman Bharat cards have been...
by AIP Online Bureau | Jan 31, 2022 | Indian News, Life, Non-Life
As of 2020, the penetration for life insurance in India is 3.2 per cent and nonlife insurance penetration is 1 per cent New Delhi: Though, India is at par with international average in terms of insurance penetration for life insurance, the country lags behind in...
by AIP Online Bureau | Jan 31, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy
According to the survey, India’s performance on the NITI Aayog SDG (Sustainable Development Goals) India Index has improved from an overall score of 60 in 2019-20 to 66 in 2020-21. It said the figures “show progress” in India’s journey towards...