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General insurers rush to become preferred choices for Tesla’s EV customers in India

General insurers rush to become preferred choices for Tesla’s EV customers in India

by AIP Online Bureau | Jul 15, 2025 | Indian News, Non-Life, Reinsurance, Risk Management, Technology

ACKO General Insurance,Zurich Kotak General Insurance and Liberty General Insurance have already announced their special EV covers on Tuesday for Tesla cars. Mumbai: As Elon Musk’s Tesla has set up its first show room in Mumbai for selling its electronic...
Risk-Based Capital: Rewarding Indian insurers

Risk-Based Capital: Rewarding Indian insurers

by AIP Online Bureau | Jul 13, 2025 | Articles, Eco/Invest/Demography, Life, Non-Life, Regulation, Reinsurance, Risk Management

The adoption of Risk-Based Capital (RBC) rules by the Indian insurance industry is more a strategic and forward-looking shift focussing not just on stability but also on expansion, and attracting long-term investment. It can better align India with global standards...

UK’s car theft reaches near a 15-year high, cost insurers $867 million

by AIP Online Bureau | Jun 21, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

While owners are compensated when their cars are taken, vehicle theft isn’t a victimless crime. The more cars are stolen, the more insurance premiums go up. In the first three months of the year, British car owners were quoted an average of almost £800 a year for...
Insurers have to compensate for Russian seized aircrafts, rules UK Judge

Insurers have to compensate for Russian seized aircrafts, rules UK Judge

by AIP Online Bureau | Jun 12, 2025 | Eco/Invest/Demography, International News

The ruling relates to 147 planes and 16 engines that had insurance claims worth $4.5 billion attached. While it’s a victory for the lessors, the judge clarified what kind of insurance policies covered the losses, meaning not everything would be covered. Insurance...
3 PSU general insurers need Rs 152-170 billion to achieve a solvency ratio of 1.50x in FY 2026, says ICRA

3 PSU general insurers need Rs 152-170 billion to achieve a solvency ratio of 1.50x in FY 2026, says ICRA

by AIP Online Bureau | Jun 2, 2025 | Health, Indian News, Non-Life, Regulation

“Gross domestic premium income(GDPI) growth is expected to improve in FY2026 supported by pricing discipline in commercial lines and low base, continued growth in health and increase in vehicle sales vis-à-vis FY2025. Private insurers are expected to expand their...
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