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...
by AIP Online Bureau | Jul 30, 2022 | International News, Non-Life, Reinsurance
The latest figures reveal insured losses have increased six per cent from last month to a record-breaking $5.134 billion The average claim is $22,000, with personal claims averaging $17,000 and commercial claims averaging $71,000 New data, released by the Insurance...
by AIP Online Bureau | Jul 21, 2022 | International News, Reinsurance, Risk Management
Russia, Ukraine, Turkey and the United Nations are expected to sign a deal later this week aimed at resuming the shipping of grain from Ukraine across the Black Sea Insurance for the ships would be possible “if a sensible solution were offered,” said Rory Colacicchi,...