by AIP Online Bureau | Aug 21, 2018 | Data
Retirement fund body EPFO's payroll data suggests that as many as 47.13 lakh jobs were created during September 2017 to June this year. However, the retirement body lowered earlier estimate of new members enrolment by 12.38 per cent, from 44.74 lakh...
by AIP Online Bureau | Aug 20, 2018 | Indian News
Hyderabad: Telangana Agriculture Minister Pocharam Srinivasa Reddy today said insurance bonds under the state government's "Rythu Bima" insurance scheme have been prepared for more than 26.52 lakh farmers. Reddy held a video conference with...
by AIP Online Bureau | Aug 20, 2018 | Indian News
New Delhi: Even as the massive floods in Kerala, worst in100 years. has been declared a calamity of severe nature by the Home Ministry, the insurance industry is expecting around Rs1200 crore of claims. While non-life industry is expecting claims of...
by AIP Online Bureau | Aug 18, 2018 | Indian News, Reinsurance
New Delhi: The devastation in Kerala due to the floods, worst in 100 years, have already generated over Rs 100 crore of claims for the nonlife insurers though economic losses are estimated to be over Rs 19,500 crore. Prime Minister Narendra...
by AIP Online Bureau | Aug 17, 2018 | Health, Indian News
Hyderabad: In a bid to comply with the provisions of the Mental Healthcare Act, 2017, the insurance regulator IRDAI has asked all insurance companies asked all the insurers to provide medical insurance for treatment of mental illness from immediate effect....
by AIP Online Bureau | Aug 17, 2018 | Indian News
Mumbai: A `Cancer Cover’, launched by the Life Insurance Corporation (LIC), has drawn a huge response from the customers. LIC’s Western Zone, that combines three states, Maharashtra, Gujarat and Goa, alone has so far sold 60,182...
by AIP Online Bureau | Aug 16, 2018 | Climate, Environment, Renewable Energy, International News, Reinsurance, Risk Management
Zurich: According to Swiss Re Institute's preliminary sigma estimates, global economic losses from natural catastrophes and man-made disasters in the first half of 2018 were USD 36 billion This figure is well below the ten-year average of USD...
by AIP Online Bureau | Aug 16, 2018 | Intermediaries, International News, Technology
LONDON: Amazon.com Inc (AMZN.O) is sounding out some of Europe’s top insurance firms to see if they would contribute products to a UK price comparison website in what would be a major foray by the U.S. online retail giant into the region’s financial...
by AIP Online Bureau | Aug 16, 2018 | Intermediaries, Interviews
Which are the segments where JLT Independent is prominently present in India? Does the company handle only international clients or Indian companies as well? Over 85 per cent of our client base is local and segments such as energy, construction, large...
by AIP Online Bureau | Aug 15, 2018 | Indian News
Thiruvanathapuram: The Kerala flood situation, worst since 1924, further worsened today with many areas inundated and flight operations suspended till Saturday at Kochi airport, as the toll rose to 67 with rain fury claiming 25 lives today. Officials...
