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Parametric Play: Insurance helps 46,000 Indian women avoid deadly work during heat waves

Parametric Play: Insurance helps 46,000 Indian women avoid deadly work during heat waves

by AIP Online Bureau | Jun 12, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management

As soon as temperatures breached 43.6C in Ahmedabad, Makwana and thousands of other women were told that ICICI Lombard, an insurance company, would pay them a portion of their daily wages. The Self-Employed Women’s Association labour union runs the insurance...

Howden, Allianz Trade and Saudi EXIM bank sign agreement for fostering global trade

by AIP Online Bureau | Jun 4, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

As part of the initial agreement, brokered by Howden, Allianz Trade and Saudi EXIM Bank have agreed to work in partnership to provide dedicated non-payment insurance for international exporters and banks to facilitate the trade of non-oil products to the Kingdom...

China boosts farmer protection with nationwide insurance for major grains

by AIP Online Bureau | May 22, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The policy is aimed at improving the level of agricultural insurance protection, stabilizing farmers’ income, supporting the revitalization of rural areas and safeguarding food security, according to a notice released with the Agriculture Ministry and the State...

Upstox ties up with HDFC Life for selling insurance products

by AIP Online Bureau | May 20, 2024 | Briefs, Intermediaries, Life

Upstox, a wealth management platform today launched its entry into insurance distribution business and has tied up with HDFC Life as its first insurance partner. “With this launch, the company aims to revolutionise India’s insurance landscape by offering its...
Indian pet insurance market poised for exponential growth: experts

Indian pet insurance market poised for exponential growth: experts

by AIP Online Bureau | May 8, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life

“Rising pet ownership, industry growth, proactive insurance companies, and pets being seen as family members are driving the increased awareness and uptake of pet insurance. As more homes welcome pets, the demand for financial protection against unexpected pet...
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