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Jio Finance and Allianz form 50:50 JV for non-life biz in India

Jio Finance and Allianz form 50:50 JV for non-life biz in India

by AIP Online Bureau | Apr 22, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life, Regulation

Mukesh D. Ambani, chairman and MD, Reliance Industries and promoter of Jio Finance JFSL and Allianz are also working towards a separate binding agreement for life insurance business in India. Mukesh D. Ambani, chairman of Reliance Industries and promoter of Jio...
Life Insurance:Support for Indian households across  stages

Life Insurance:Support for Indian households across stages

by AIP Online Bureau | Mar 30, 2026 | Articles, Eco/Invest/Demography, Life

Out of the total benefits paid, ₹2.33 lakh crore has been on account of withdrawals and surrender, an increase of 1.77% over last year. Since persistency ratios remain robust, it signifies planned lifecycle exits.,said Kamlesh Rao, chairperson, Insurance Awareness...
Jio Fin Services expects to begin life, general insurance biz in 2026

Jio Fin Services expects to begin life, general insurance biz in 2026

by AIP Online Bureau | Mar 29, 2026 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life

“We hope to start insurance manufacturing in 2026, subject to regulatory approvals, The company is working towards building the necessary teams for the insurance foray.” Hitesh Sethia,chief executive and managing director said Mumbai:After commencing its...
Extreme Heat:Making life increasingly unlivable

Extreme Heat:Making life increasingly unlivable

by AIP Online Bureau | Mar 12, 2026 | Articles, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health

Scientists determined that on average, those 65 and older experience a month a year when heat prevents them from routine activities. Parts of Asia, Africa, Australia and North America are becoming unlivable for senior citizens, the researchers said. Younger adults...
Individual NBP for life insurance growth estimated at 9 pc in FY2026: Icra

Individual NBP for life insurance growth estimated at 9 pc in FY2026: Icra

by AIP Online Bureau | Nov 27, 2025 | Data, Eco/Invest/Demography, Life, Policy, Regulation

“The GST exemption on individual life insurance policies, which enhances customer affordability, is expected to boost individual NBP growth in the medium term. After a subdued H1, this NBP growth is projected to recover in H2 FY2026, with an overall increase of...
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