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Taiwan to deploy investment from insurance funds to help finance island’s green energy

by AIP Online Bureau | Feb 12, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Policy

Taiwan is phasing out coal-fired power stations and shifting to liquefied natural gas, as well as investing in solar and wind projects Taiwan aims to get more than $1.5 billion in investment from insurance funds to help finance the island’s green energy transition as...
IRDAI chief to meet insurance industry CEOs for Bima Sugam and Bima Manthan on Feb 12-14

IRDAI chief to meet insurance industry CEOs for Bima Sugam and Bima Manthan on Feb 12-14

by AIP Online Bureau | Feb 10, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Regulation

Debasish Panda,chairman,IRDAI The IRDAI, on Feb 12, is expected to do a plain speaking to the insurers who have not taken their Bima Sugam job seriously. IRDAI chairman Debasish Panda will address CEOs of non-life insurance companies on 13th Feb and life companies...
Draft bill seeking 100 pc FDI in insurance to be sent for Cabinet nod soon: DFS Secretary

Draft bill seeking 100 pc FDI in insurance to be sent for Cabinet nod soon: DFS Secretary

by AIP Online Bureau | Feb 3, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Policy

Finance Minister has already given her approval and announced in the Budget. Now we will prepare a draft bill with the help of the law ministry. Thereafter, the draft bill will be sent to the Cabinet for approval. The intent of the DFS is to get the bill introduced...
Union Budget 2025-26: Reshaping Indian insurance landscape

Union Budget 2025-26: Reshaping Indian insurance landscape

by AIP Online Bureau | Feb 1, 2025 | Articles, Eco/Invest/Demography, Health, Life, Non-Life, Policy, Regulation

Tapan Singhel, MD&CEO, Bajaj General Insurance& Chairman, General Insurance Council With the move to allow 100% FDI in insurance, we could see India moving towards a future with 1,000 insurers in the next decade. A larger number of players will bring greater...
Union Budget 2025:Insurance Reforms Bill with 100% FDI to be tabled soon, says Sitharaman

Union Budget 2025:Insurance Reforms Bill with 100% FDI to be tabled soon, says Sitharaman

by AIP Online Bureau | Feb 1, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life

100% FDI proposal, larger reforms moves along with other Amendments in the various existing Acts, which have been awaited upon by the industry, will be part of separate draft Bill and will tabled in Parliament soon, said Finance Minister Nirmala Sitharaman Insurance...
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