by AIP Online Bureau | Jan 26, 2022 | Health, Indian News, Life, Non-Life
“The industry has long pending expectations from the policy makers for incentivizing people to get life insurance by giving a separate deduction limit of minimum Rs 1 lakh for insurance premium payment under Section 80C,” Tarun Rustagi Chief Financial...
by AIP Online Bureau | Jan 3, 2022 | Health, Indian News, Non-Life, Pandemic, Regulation, Reinsurance
The insurance companies have put in place effective coordination mechanism with all their network providers (hospitals) for the purpose of making available seamless cashless facility to all policyholders in case of hospitalisation if any and render speedy services to...
by AIP Online Bureau | Dec 28, 2021 | Banking & Bancassurance, Indian News, Life, Non-Life, Policy, Reinsurance
The new members are Usha Sangwan, former MD, Life Insurance Corporation representing the life segment, A.V. Girija Kumar, former CMD, Oriental Insurance Company(OIC), for non-life, Sujay Banarji, former member,(Distribution), for re-insurance or actuarial science New...
by AIP Online Bureau | Nov 24, 2021 | Banking & Bancassurance, Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance
Banks in Turkey, Russia, Indonesia, India and China are most exposed to carbon-transition risk, with three sectors—manufacturers, transportation companies, and power producers and other utilities—accounting for more than 75% of the potential bad loan exposure, Moody’s...
by AIP Online Bureau | Nov 15, 2021 | Eco/Invest/Demography, International News
Charles Hatami, global head of the financial institutions group at the world’s largest asset manager, described the trends in an interview with Reuters on Friday, based on a survey of 362 insurance executives running a collective $27 trillion in assets. GLASGOW...