by AIP Online Bureau | Sep 16, 2025 | Indian News, Non-Life
In its verdict, the Bombay High Court dismissed the Maharashtra government’s plea by saying .”The data provided by the State itself shows that in case of all the 42 circles of Osmanabad concerning the notified crop Soybean, there was no actual loss...
by AIP Online Bureau | Sep 10, 2025 | Indian News, Non-Life, Reinsurance, Risk Management, Technology
The new model, which includes more enhanced market data, crops, seasons and districts, provides invaluable insight for the risk management and insurance pricing of India’s two primary crop insurance schemes, the yield and parametric based Pradhan Mantri Fasal Bima...
by AIP Online Bureau | Jul 10, 2025 | Indian News, Non-Life, Policy, Reinsurance
Farmers can register through banks, common service centers, or the official portal www.pmfby.gov.in. For help with registration, claims, or documentation, they can contact the Crop Insurance Helpline at 14447 Lucknow: To protect against potential risks this kharif...
by AIP Online Bureau | Apr 2, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Reinsurance, Risk Management
The committee will be chaired by additional secretary (Crop Insurance), Department of Agriculture & Farmers Welfare (DA&FW) and some of the other members are Devesh Srivastava, former CMD, GIC Re, Girija Subramanian, CMD, New India Assurance, Saurabh Mishra,...
by AIP Online Bureau | Mar 10, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Technology
As many as 4,30,443 crop insurance applications under the PMFBY were rejected during the Kharif 2024 season. In comparison, 2,85,468 applications were rejected during the Kharif 2023 season, the minister stated.. Since the scheme’s inception in Kharif 2016,...
