by AIP Online Bureau | Oct 31, 2025 | Briefs, Life, Wealth Management/ Philanthropy
Generali Central Life Insurance (erstwhile Future Generali India Life Insurance) has launched a Term with Unit Linked Insurance Plan (TULIP)-Generali Central Sampoorna Samadhaan Plan. This innovative offering combines robust life protection with long-term wealth...
by AIP Online Bureau | Oct 30, 2025 | Articles, Eco/Invest/Demography, Life, Non-Life, Risk Management, Technology
India’s Insurtech ecosystem is at a sizeable scale, with cumulative valuations crossing USD 15.8 billion and revenues growing reaching USD 0.9 billion in 2024 – a 10x increase since 2019. The sector has 2 unicorns, 8 players between USD 100 million to USD 1...
by AIP Online Bureau | Oct 30, 2025 | Eco/Invest/Demography, Health, Indian News, Intermediaries, Life, Non-Life
“We see BIMA Sugam as an efficient consumer-facing platform, which is getting ready and at the back-end are the insurance companies. They have made a beginning as their products and services should be coming in the market in the next few quarters.”Ajay...
by AIP Online Bureau | Oct 29, 2025 | Articles, Eco/Invest/Demography, Health, Life, Pension & Social Security
Sumit Madan, MD and CEO, Axis Max Life said, “IRIS 5.0 signals a clear shift towards smarter and more holistic retirement planning. Today’s consumers are showing greater health consciousness, higher product awareness, and sustained financial confidence. As health...
by AIP Online Bureau | Oct 29, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
In its Best’s Commentary, “Jamaica’s Insured Losses From Hurricane Melissa Likely to Fall to Reinsurers,” AM Best notes thatinsurance penetration in Jamaica is low as only a small portion of property is insured on the island, which will limit insured losses....
by AIP Online Bureau | Oct 29, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Workplace/Employee Benefits
Outside of the Lloyd’s market, Starr writes commercial non-life insurance globally, with coverage in over 170 countries across 6 continents. Following completion of the transaction, Peter Bilsby, IQUW Group’s chief executive officer, will lead Starr’s international...
by AIP Online Bureau | Oct 29, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News
“This new bond label is a notable development for the market.The bond’s oversubscription “signals that the market is ready to allocate capital to these types of investments,”Melissa Cheok, associate director at Sustainable Fitch The Tokyo Metropolitan Government...
by AIP Online Bureau | Oct 29, 2025 | Disaster & Management, Eco/Invest/Demography, International News
The hurricane is expected to result in property damages costing between $5 billion and $10 billion in Jamaica, according to an estimate by Cotality, a property intelligence company. Hurricane Melissa made landfall in Cuba less than a day after it became the strongest...
by AIP Online Bureau | Oct 29, 2025 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Depending on exactly where Melissa hits Jamaica, total losses may range from $5 billion to $16 billion, according to Chuck Watson, a disaster modeler with Enki Research. Investors in a catastrophe bond tied to Jamaica look set to experience a trigger event as...
by AIP Online Bureau | Oct 29, 2025 | Disaster & Management, Eco/Invest/Demography, Indian News, International News, Non-Life, Pension & Social Security
N Chandrababu Naidu,Chief Minister , Andhra Pradesh Citing preliminary estimates, the government had noted on Tuesday that standing agricultural crops in as many as 38,000 hectares were destroyed due to the impact of Montha and horticulture crops in 1.38 lakh hectares...
