by AIP Online Bureau | Jul 11, 2022 | Indian News, Life, Non-Life, Regulation, Reinsurance
Non-life panel headed by Bhargav Dasgupta, MD and CEO, ICICI Lombard General Insurance, to deliberate on issues like Obligatory Cession, Cession cap on cross boarder reinsurers, introduction of emerging risk transfer solutions (ART, ILS, CAT bonds etc.), and...
by AIP Online Bureau | Jul 9, 2022 | Indian News, Life, Non-Life, Reinsurance
Debasish Panda, chairman, IRDAI The entities who have applied for the new licenses are Paytm General Insurance, Anzen General Insurance ( R1 filed in July), Ria General Insurance( R1 applied), Kshema General Insurance(Agriculture Insurance, R2 under process),Cosmea...
by AIP Online Bureau | May 13, 2022 | Health, Indian News, Non-Life
The five standalone private sector health insurance companies posted a 29.14 per cent growth in their collective gross premium income during the month at Rs 1,550.14 crore, as against Rs 1,200.34 crore in the year-ago period Mumbai: The gross premium income of...
by AIP Online Bureau | May 8, 2022 | Indian News, Main Menu, Non-Life
Kishor Biyani-led group Future Enterprises would completely exit the insurance sector after selling its existing stakes in life and non-life joint ventures soon Mumbai: Debt-ridden Future Group firm Future Enterprises Ltd expects to raise around Rs 3,000 crore from...
by AIP Online Bureau | May 2, 2022 | Eco/Invest/Demography, Health, Indian News, Non-Life
The Best’s Market Segment Report, titled, “Market Segment Outlook: India Non-Life Insurance,” states that key lines of non-life business, including health, motor and crop insurance, have been challenged for several years by poor underwriting performance. Despite an...