by AIP Online Bureau | Sep 3, 2024 | Indian News, Non-Life, Policy
Earlier, the General Insurance Council (GI Council), the official representative body of the Indian general insurers consisting of private sector and PSU general insurers, has sued the Ministry of Road Transport and Highways (MoRTH) in Delhi High Court for asking the...
by AIP Online Bureau | Aug 24, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Reinsurance
The report indicated that India’s non-life insurance sector is experiencing significant shifts, the health insurance segment may face challenges as healthcare costs continue to rise and more consumers claim their insurance, and insurers are grappling with...
by AIP Online Bureau | May 14, 2024 | Indian News, Non-Life, Policy
“Prima facie, we are of the view that a right balance will have to be struck for ensuring that vehicles remain compliant with PUC norms but, at the same time, all vehicles must have third party insurance,” the bench said New Delhi: The Supreme Court on Monday said...
by AIP Online Bureau | Apr 18, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Crop insurance has seen a dip in the premium by 4 per cent to Rs 30.715 crore in Fy 24. Mumbai:With a total premium of Rs 1,09,006 crore, showing a growth of 20 per cent, Health Insurance continues to be no 1 portfolio in Rs 2.89 trillion Indian general insurance...
by AIP Online Bureau | Sep 25, 2023 | Indian News, Intermediaries, Non-Life, Technology
Providing massive opportunties to the insurance industry, the platform will initially launch Motor, Health, Marin and will add more insurance products going ahead, according to an official Mumbai: After launching credit products, the government-backed Open Network for...
