by AIP Online Bureau | Nov 6, 2022 | Indian News, Regulation
Debasish Panda, Chairman,IRDAI “Like in the banking system, we have microfinance institutions, regional banks, and small finance banks. So, we have all categories of banks then there are non-banking financial companies. In the insurance sector also, we should...
by AIP Online Bureau | Nov 3, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Intermediaries, Non-Life, Reinsurance
Large weather-related losses for property and casualty (P&C) insurers highlight increasing environmental physical risks many experts link to climate change. In response, we expect P&C (re)insurers to increase premium rates and, in some cases, pull back from...
by AIP Online Bureau | Oct 17, 2022 | Articles, Eco/Invest/Demography, Health, Reinsurance, Workplace/Employee Benefits
Sanil Basutkar Having an appropriate cover and healthcare plan for mental illness needs to be an important aspect when looking for a comprehensive insurance for you and your family How does insurance cover work for mental illness?For around 60 years after...
by AIP Online Bureau | Sep 15, 2022 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance
Vishwajeet Kadam The Indian Surety insurance business will assist in developing an alternative to bank guarantees for construction projects. This shall enable the efficient use of working capital and reduce the requirement of collateral to be provided by...
by AIP Online Bureau | Aug 3, 2022 | Eco/Invest/Demography, Health, Indian News, Life, Regulation
The total quantum of the instruments under other forms of capital taken together has to be lower of the following, at any point in time: 50 percent of the total paid up equity share capital and securities premium of an insurer and 50 percent of the net worth of the...
