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`Insurance for all’ by 2047-Insurers unveil initiatives in Mizoram

by AIP Online Bureau | May 27, 2023 | Eco/Invest/Demography, Indian News, Life, Non-Life

Lalramsanga Sailo, secretary, Mizoram, said, “We look forward to life and general insurance companies making significant contribution to promote the cause of insurance, generate employment and promote entrepreneurship in the state of Mizoram.” As part of...
FSDC pitches for special drive for settlement of unclaimed deposits and insurance benefits: FM

FSDC pitches for special drive for settlement of unclaimed deposits and insurance benefits: FM

by AIP Online Bureau | May 9, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Policy, Regulation

Finance Minister Nirmala Sitharaman Economic Affairs Secretary Ajay Seth it was deliberated that regulators should conduct a special drive to facilitate the settlement of unclaimed deposits and claims in the financial sector across all segments, such as banking...
Air India escapes premium hike in hard Apr 1 renewal, Tata AIG Gen replaces New India as lead insurer for the cover

Air India escapes premium hike in hard Apr 1 renewal, Tata AIG Gen replaces New India as lead insurer for the cover

by AIP Online Bureau | Apr 2, 2023 | Indian News, Non-Life, Reinsurance

With a good track record, AI has managed to hold on to the last year premium of $30 million After a year of ownership of Air India, Tatas have preferred to make their own subsidiary Tata AIG General insurance as the lead insurer for the airlines by giving larger...

Russia still uses Western insurance for half of its oil shipments

by AIP Online Bureau | Mar 30, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

“Russia’s high dependence on insurance from G-7 and European countries for shipping oil means the price-cap coalition has strong leverage,” Meri Pukarinen, Europe-Russia policy officer at the Helsinki-based Centre for Research on Energy and Clean Air, said by email....
Women having  their own source of income are more likely to own insurance:ICICI Lombard Report

Women having their own source of income are more likely to own insurance:ICICI Lombard Report

by AIP Online Bureau | Mar 28, 2023 | Articles, Eco/Invest/Demography, Health, Non-Life, Workplace/Employee Benefits

Sanjeev Mantri, executive director, ICICI Lombard General Insurance said, “As data shows only a small percentage of women in India consider general insurance a priority. This highlights the need for more awareness and education on general insurance among women in...
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