by AIP Online Bureau | Aug 7, 2024 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Policy
Finance Minister Nirmala Sitharaman Around Rs 24,529 crore was collected from GST on health and life insurance in the last three financial years.73-74 per cent of the amount collected under the GST goes to the states,” Nirmala Sitharaman, union finance said in...
by AIP Online Bureau | Jul 31, 2024 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life
“The 18 per cent GST on medical insurance premiums is proving to be a deterrent for the growth of this segment of business which is socially necessary.”Union Minister of Road Transport and Highways Nitin Gadkari New Delhi: Union Minister of Road Transport...
by AIP Online Bureau | May 10, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life
After the finalisation of the first gram panchayat for each insurer, the council should share the list with the Insurance Regulatory and Development Authority of India New Delhi: With the objective to meet insurance for all by 2047, the sector regulator Irdai on...
by AIP Online Bureau | Apr 25, 2024 | Breaking News!, Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Pension & Social Security, Regulation
Debasish Panda, chairman,IRDAI Bima Vistaar will have a combined features of Life, Health, Personal accident and Property. For Life cover a premium of Rs 820 has to be paid while Health, Personal accident, Property have been priced at Rs 500, Rs 100 and Rs 80...
by AIP Online Bureau | Apr 22, 2024 | International News, Life, Reinsurance, Risk Management, Technology
Catrin Hinkel, CEO Microsoft Switzerland, said, “By integrating Microsoft Azure OpenAI, Swiss Re can unlock the power of advanced analytics and Generative AI to provide new capabilities to the insurance market through a secure, compliant, and reliable cloud...
