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Budget 2025: Insurers and experts hail game changing moves

Budget 2025: Insurers and experts hail game changing moves

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...

Economic Survey urges insurers to address concerns on mis-selling, delayed claims settlements, AI, cybersecurity, and 3rd-party interactions

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...

Europe’s insurers may face new capital rules for climate risk

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...

Budget 2025-Insurers expect tax benefits, concessions for healthcare

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...

China guides mutual funds, insurers to invest more in stocks

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...
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