by AIP Online Bureau | Sep 30, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries, Life, Non-Life
ICICI Lombard General Insurance, Tata AIG General insurer, Star Health Insurance, niva Bupa Health Insurance, Aditya Birla Health Insurer and Care Health Insurer have already announced their decisions to reduce commission All the general insurers and stand health...
by AIP Online Bureau | Sep 10, 2025 | Intermediaries, International News, Non-Life, Risk Management, Technology
Tadashi Yamanaka, executive officer of System at Sompo Direct Insurance Inc. said, “The introduction of Radar has enabled us to rapidly implement premium revisions that reflect changes in market, accident trends and customer risk profiles more accurately. We will...
by AIP Online Bureau | Jul 18, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Reinsurance
Jio Financial Services Limited (JFSL) and Allianz Group (Allianz), through its wholly-owned subsidiary Allianz Europe B.V. on Friday entered into a binding agreement to form a 50:50 domestic reinsurance joint venture to serve the dynamic and high-growth insurance...
by AIP Online Bureau | Jan 16, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Technology
“We expect that India’s non-life premium growth will be bolstered over the medium term by the country’s economic development, rising insurance demand, and regulatory initiatives which are designed to increase insurance penetration and promote financial inclusion,”...
by AIP Online Bureau | Jan 14, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Reinsurance, Risk Management
India’s insurance market projected to be the G20’s fastest-growing market over the next five years, with total premium volumes (life and non-life) up 7.3% in real terms on average each year. Growth underpinned by macroeconomic tailwinds, digitalisation progress and...
