by AIP Online Bureau | Jun 25, 2024 | Indian News, Non-Life, Reinsurance, Technology
Tulsi Naidu, chief executive officer for Asia Pacific There are opportunities to grow in commercial, small and medium enterprise, assurance, auto and general insurance, Naidu said, noting the business has already recorded growth of 40% “over the past few years.”...
by AIP Online Bureau | Jun 21, 2024 | Data, Eco/Invest/Demography, Policy
India increased the number of millionaires in the country by 85 per cent in the last decade. With 326,400 HNWIs, India ranks 10th in the world regarding the number of millionaires. New Delhi: Buoyed by overall economic development, India has stemmed its wealth exodus,...
by AIP Online Bureau | Jun 19, 2024 | Indian News, Non-Life, Policy, Regulation
The acquisition of Kotak General Insurance sets the way forward for Zurich to be a leading player in a very significant growth market – India. This is a key strategic step for Zurich,” said Tulsi Naidu, CEO – Asia Pacific, Zurich Insurance Group Mumbai: Zurich...
by AIP Online Bureau | Jun 17, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Policy
“The emission of greenhouse gases has gone up. The permeable spaces have gone down considerably. The cities actually have become heat traps.As a result, nights are nearly as uncomfortable as days,Krishna S. Vatsa, a member of the National Disaster Management...
by AIP Online Bureau | Jun 13, 2024 | Articles, Eco/Invest/Demography, Regulation, Risk Management
The Indian life sector has been marred with tax-rate changes (on high-ticket non-par policies) in the budget last year (2023). Investments in smaller tickets, growth in interiors, higher payouts and the ULIP wave (over non-par) have kept margins muted. In this...
