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AIC launches a new cover for aquaculture industry

AIC launches a new cover for aquaculture industry

by AIP Online Bureau | Jun 21, 2025 | Indian News, Non-Life, Policy, Regulation

(L to R) Lavanya R Mundayur, CMD, Agriculture Insurance Company, M Nagaraju, Secretary, Department of Financial Services(DFS), Parshant Kumar Goyal, Joint Secretary, DFS “With Aquaculture insurance, we are not just mitigating risks but fostering resilience in one of...
AIC pays Rs7,057 crore of claims to over 1.12 crore farmers in FY25: Chairperson

AIC pays Rs7,057 crore of claims to over 1.12 crore farmers in FY25: Chairperson

by AIP Online Bureau | Jun 3, 2025 | Eco/Invest/Demography, Indian News, Non-Life

Lavanya R. Mundayur, CMD, Agriculture Insurance Company Crop insurance isn’t just a business—it’s a developmental tool for the entire rural ecosystem. It demands long-term commitment, timely claim settlement, use of technology for risk management, and a...

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