by AIP Online Bureau | Jun 15, 2018 | Data
Mumbai: The gross premium of non-life insurers increased by 9.6 percent to Rs 10,515.91 crore in May from the same month a year ago, according to the Irdai data. The non-life insurance firms had recorded gross written premium of Rs 9,597.84 crore in May 2017....
by AIP Online Bureau | Jun 15, 2018 | Data
Hyderabad: New premium collection of life insurance companies rose by nearly 9 per cent to Rs 12,838.24 crore in May compared to the same month last year, according to the Irdai data. All the 24 life insurers had written new gross premium of Rs 11,801.01...
by AIP Online Bureau | Jun 15, 2018 | Indian News, Intermediaries
Hydearbad: The insurance regulator IRDAI on Friday has formed a 10-member high-level panel under the chairmanship of Suresh Mathur, excecutive director, IRDAI, to review the three –year old regulations on the Insurance Marketing Firm (IMF), one of the new...
by AIP Online Bureau | Jun 15, 2018 | International News
It turns out robots need insurance too. As driverless vehicles reduce car ownership in coming years, insurers may not face the Armageddon that had been predicted, new research shows. “We do not expect revenues for auto insurance companies to...
by AIP Online Bureau | Jun 15, 2018 | International News
New York: SURE, a leading insurance technology platform, today announced RideSafe™, a first-to-market insurance product offering passengers essential coverage for ridesharing networks, beginning with Uber® and Lyft. Future offerings of...
by AIP Online Bureau | Jun 15, 2018 | International News, Regulation
NANJING: Xiang Junbo, former chairman of China Insurance Regulatory Commission (CIRC), stood trial on bribery charges Thursday at a court in Changzhou, east China's Jiangsu Province. The prosecutors said that between 2005 and 2017, Xiang, taking...
by AIP Online Bureau | Jun 15, 2018 | International News
London: The risk of terror attacks and damage from hooligans has pushed up premiums for businesses and players buying insurance for the soccer World Cup in Russia compared to the previous event in Brazil, brokers and insurers say. The insured value of...
by AIP Online Bureau | Jun 14, 2018 | Facts, Policy
India is among almost 90 countries in the world without national policies in place that ensure new fathers get adequate paid time off with their newborn babies, according to a new UNICEF analysis. Almost two-thirds of the world's children under one year old...
by AIP Online Bureau | Jun 14, 2018 | Articles
Despite significant progress in the Digital India campaign, India still has a long way to go when it comes to growth in financial inclusion, in particular that of women, an Indian delegate to the W-20, which represents women from G-20 countries, said. In its...
by AIP Online Bureau | Jun 14, 2018 | Indian News, Risk Management
New Delhi: India is suffering the worst water crisis in its history and millions of lives and livelihoods are under threat, according to the composite water management index released by Niti Aayog. Reflecting on the severity of the issue, the Niti Aayog...
