by AIP Online Bureau | Feb 1, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Policy, Regulation
The FDI limit being raised from 74% to 100% will prove to be a landmark reform in the insurance sector which will help unlock new opportunities for investment and innovation. These reforms will strengthen investor confidence, drive innovation, and support sustained...
by AIP Online Bureau | Jan 31, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life
In the life insurance segment, there is a noticeable shift towards protection and guaranteed return savings products, which now cover 40 per cent of households, largely due to LIC’s extensive network. New Delhi: The Economic Survey presented by finance minister...
by AIP Online Bureau | Jan 31, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life
The goal is “to ensure the continued protection of policyholders and the overall stability of the EU’s insurance market amid more erratic and damaging weather patterns,” EIOPA said Europe’s insurance watchdog has called for a recalibration of capital requirements to...
by AIP Online Bureau | Jan 25, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation
Sameer Bansal, MD & CEO, PNB MetLife, said that while India is a fast-growing economy fuelled by its rising middle-class population of 25-45-year-olds, the proportion of people above the age of 60 is equally increasing at a rapid pace New Delhi: Insurers are...
by AIP Online Bureau | Jan 23, 2025 | Eco/Invest/Demography, International News, Policy, Regulation, Wealth Management/ Philanthropy
China will commence the second stage of a trial program for insurers’ long-term equity investments in the first half of this year, with an amount of at least 100 billion yuan ($13.7 billion), Wu also said at the briefing. China is guiding local mutual funds and...