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Mind the Gap: Insuring India’s Missing Middle

Mind the Gap: Insuring India’s Missing Middle

by AIP Online Bureau | Oct 21, 2023 | Articles, Eco/Invest/Demography, Health, Life, Non-Life, Policy, Regulation, Technology

Alpesh Shah, Managing Director & Senior Partner, Boston Consulting Group, Swayamjit Mishra, Partner, BCG, Aarav Shah, student, Bombay Scottish School As India, with current under-penetration and scale as the most populous nation in the world, begins its journey to...

Howden launches world first insurance innovation hub with £500m of delegated underwriting capacity

by AIP Online Bureau | Oct 16, 2023 | International News, Non-Life, Reinsurance, Technology

As new funding for the global insurtech sector continues to fall following the collapse of Silicon Valley Bank, Howden Ventures has initially committed £10m of new funding to the sector, with a view to support at least five new startups over the next two years London:...
Air India seeks special permission from re/insurers to operate evacuation flights from Tel Aviv

Air India seeks special permission from re/insurers to operate evacuation flights from Tel Aviv

by AIP Online Bureau | Oct 14, 2023 | Indian News, Non-Life, Reinsurance

“The airlines had taken permission from its re/insurers to operate these two flights to Tel Aviv. The flights had normal  insurance covers available to airlines on international flights ’’ said industry sources A clutch of insurers including New India...

Kerala launches insurance cover for MSME sector to safeguard businesses

by AIP Online Bureau | Oct 13, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Risk Management

All MSMEs in the manufacturing, service, and trade sector with UDYAM registration in Kerala, and enrolled in the “Bharat Sookshma/Laghu Udyam scheme” from any of the four public sector insurance firms beyond April 1, 2023, are eligible for benefits under...

Governments join rescue effort as airlines face Israel insurance alert

by AIP Online Bureau | Oct 12, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Israel’s parliamentary finance committee said late on Tuesday it would debate authorizing state guarantees for providing war risk insurance for Israeli airlines The panel said insurance companies had indicated they were entitled to cancel cover with seven days’...
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