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IRDAI empowers insurers to expand their hospital networks for cashless health cover

IRDAI empowers insurers to expand their hospital networks for cashless health cover

by AIP Online Bureau | Jul 20, 2022 | Health, Indian News, Regulation

While specifying the criteria, the board of insurers among  other things should consider the minimum manpower and healthcare infrastructure facilities, said the IRDAI The insurers have to also publish the board approved empanelment criteria in their website from...

Govt replaces BBB with Financial Services Institutions Bureau(FISB) for selecting top management of PSU banks & insurers

by AIP Online Bureau | Jul 1, 2022 | Indian News, Life, Non-Life, Policy

FSIB will be a single entity for making recommendations for appointments of executive directors, and non-executive chairmen in PSU banks, CMDs, general managers and directors of public sector insurers, said the DoPT order With setting up of FISB, the selection...

Ukraine grain can be shipped and insurers after removal of Black Sea mines

by AIP Online Bureau | Jun 14, 2022 | International News, Non-Life, Policy, Reinsurance

“It’s not safe for ships to get in or get out at the moment. Until the mines are swept, that situation is not going to change,” said Guy Platten, secretary general of the International Chamber of Shipping, which is also working on opening up maritime channels As the...

Africa: Major insurers and banks join hands to manage biodiversity risks

by AIP Online Bureau | Jun 11, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Responsible management of Africa’s natural capital, including its water, soil and forests, “creates fantastic opportunities and contributes to the growth and development of the continent,” Rachael Antwi, group head of ESG at Ecobank said Financial institutions that...

Warming Africa threatens insurers’ quest for profit

by AIP Online Bureau | Jun 10, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Temperatures in southern Africa rose at twice the global rate on average in the five years leading up to 2019, according to a report by the Intergovernmental Panel on Climate Change Yet insurers are undeterred, with some looking to expand even in vulnerable...
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