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Indian insurance ecosystem shows limited appetite for pure risk policy: JM Financial

by AIP Online Bureau | Apr 22, 2024 | Data, Eco/Invest/Demography, Regulation, Risk Management

In the last three years, while individual savings and investments in fixed deposits or equities markets vary with market conditions, the investment in insurance products remained constant at 18 per cent of individual financing funds. Insurance has consistently...

FPIs withdraw over Rs 5,200 crore in April so far from domestic equities

by AIP Online Bureau | Apr 21, 2024 | Data, Eco/Invest/Demography, Policy, Regulation

The major trigger for FPI selling was the tweak in India’s tax treaty with Mauritius, which would now impose higher scrutiny on investments made in India via the island nation, Himanshu Srivastava, Associate Director, Manager Research, Morningstar Investment...

Majority of top-100 companies making disclosures about carbon emissions: PwC India

by AIP Online Bureau | Apr 21, 2024 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography, Policy, Regulation, Risk Management

The government and the regulators have introduced new regulations pertaining to ESG (environmental, social and governance) for businesses. India’s transition to BRSR Core positions the nation as a frontrunner in the global transition towards a more credible and...
With Rs 1,09 trillion prm, Health retains its No 1 position in Indian general insurance industry in FY24

With Rs 1,09 trillion prm, Health retains its No 1 position in Indian general insurance industry in FY24

by AIP Online Bureau | Apr 18, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

Crop insurance has seen a dip in the premium by 4 per cent to Rs 30.715 crore in Fy 24. Mumbai:With a total premium of Rs 1,09,006 crore, showing a growth of 20 per cent, Health Insurance continues to be no 1 portfolio in Rs 2.89 trillion Indian general insurance...
Surbhi Goel to be appointed CEO Munich Re, India

Surbhi Goel to be appointed CEO Munich Re, India

by AIP Online Bureau | Apr 18, 2024 | Indian News, Non-Life, Reinsurance

Surbhi Goel, CEO designate, India Branch, Munich Re Munich Re, is the largest foreign reinsurance branch(FRB) in the India with over Rs 10,000 crore of premium in FY23-24.It set up its operations in 2017. Mumbai: Munich Re, the largest global reinsurer, today...
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