by AIP Online Bureau | Nov 18, 2024 | Eco/Invest/Demography, Health, Indian News, Policy
The group of ministers (GoM) on health and life insurance GST last month met and broadly agreed on exempting insurance premiums paid for term life insurance policies, and senior citizens’ health insurance from GST New Delhi: The GST Council will meet on December...
by AIP Online Bureau | Nov 14, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
GTS’ Americas region saw the smallest decline in R&W notification count in 2023 and was the only region to register an increase in notifications in Q1 2024. The Europe, Middle East and Africa region saw a notable drop in R&W notifications in 2023, but it was...
by AIP Online Bureau | Nov 11, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life
The IFRC policy with insurance broker Aon is the first of its kind for the aid sector. It was triggered in mid-September by the deadly Asian Typhoon Yagi, which tipped total disaster spending over the 33 million Swiss franc ($37.84 million) mark, and the fund has...
by AIP Online Bureau | Nov 9, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Another rating agency S&P has said the catastrophic flash floods that hit the Valencia region on Oct. 29 will have limited effects on private insurers and reinsurers. Around 4,500 businesses in the Valencia area have been directly affected, half of which face...
by AIP Online Bureau | Oct 22, 2024 | Eco/Invest/Demography, Indian News, Intermediaries, Life, Technology
Siddartha Mohanty, MD & CEO, LIC “Current channels, including agents, brokers, and bancassurance have been effective, but fraught with its own limitations given the challenge of taking insurance to each citizen of the country. Collaborating with...
