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SBI Gen pays its first parametric claim of Rs1.06 cr for Nagaland’s natural disaster losses

SBI Gen pays its first parametric claim of Rs1.06 cr for Nagaland’s natural disaster losses

by AIP Online Bureau | Mar 30, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

“Our parametric insurance model ensures that financial assistance reaches the affected communities and regions without delays, helping strengthen resilience against natural disasters. As climate variabilities increase, parametric insurance plays a vital role in...
SBI Gen, Munich Re and GIC Re bag Nagaland’s parametric renewal cover for disaster management

SBI Gen, Munich Re and GIC Re bag Nagaland’s parametric renewal cover for disaster management

by AIP Online Bureau | Aug 12, 2024 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

Neiphiu Rio,Chief Minister, Nagaland Nagaland Chief Minister Neiphiu Rio said his government and SBI General Insurance inked an MoU on for Disaster Risk Transfer Parametric Insurance Solution (DRTPS), making Nagaland the first state in the country to implement a...

Nagaland’s population likely to be 23.67 lakh by 2030: govt

by AIP Online Bureau | Jan 13, 2024 | Data, Eco/Invest/Demography, Policy

The importance and requirement of the district-wise population is for planning and policy formulation for distribution or allocation of funds for development purposes or for development of infrastructure like roads, electricity, hospitals, schools, etc for...
Nagaland launches universal health insurance scheme

Nagaland launches universal health insurance scheme

by AIP Online Bureau | Oct 14, 2022 | Health, Indian News, Policy

Neiphiu Rio,Chief Minister, Nagaland The Chief Minister’s Health Insurance Scheme (CHIS) will be implemented in convergence with the Ayushman Bharat scheme of the Centre, state minister Neiba Kronu told a press conference The Oriental Insurance Company Ltd is...

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