by AIP Online Bureau | Feb 3, 2018 | Articles, Risk Management
New India: Coal Minister Piyush Goyal today said India should strive for 50 per cent of its power generation capacity from renewable sources by 2030 on the back of technological advancements in solar and wind energy. "With technological advancements...
by AIP Online Bureau | Feb 2, 2018 | Health, Indian News
NEW DELHI: Finance Minister Arun Jaitley on Friday said the world's biggest health cover plan announced in the Budget will be cashless and not a reimbursement scheme, and promised more funds if required depending on the rollout later next financial year. The...
by AIP Online Bureau | Feb 2, 2018 | Indian News
Mumbai: Just day before government announced the three way merger of the Chennai based United India Assurance (UII) , the state owned general insurer has successfully raised Rs 900 crore of debts on Tuesday to boost its solvency ratio. The debt issue in...
by AIP Online Bureau | Feb 2, 2018 | Health, Indian News
NEW DELHI: Prime Minister Narendra Modi's ambitious plan to provide health insurance to 100 million poor families would require Rs 110 billion ($1.71 billion) in federal and state funding each year, a government official told Reuters. The National...
by AIP Online Bureau | Feb 1, 2018 | Indian News
Leading insurers have given thumbs up to some of the announcements in Budget -2018,unveiled by Finance Minister Arun Jaitley on Thursday.The stock markets also cheered the insurnace stocks that have seen almost over five per cent appreciation during the trading...
by AIP Online Bureau | Feb 1, 2018 | Indian News
NEW DELHI: Finance Minister Arun Jaitley on Thursday presented the rural oriented Union Budget 2018. Indian economy is now 2.5 trillion dollar economy in the world and expected to become the fifth largest economy very soon. We are set to achieve high growth,"...
by AIP Online Bureau | Feb 1, 2018 | Indian News
New Delhi: Ravi Mital, Additional Secretary, Department of Financial Services, has indicated that the government is keen to effect a merger among a few public sector general insurance companies. Through a video conferencing, Mittal was addressing a two-day conclave of...
by AIP Online Bureau | Feb 1, 2018 | Indian News
New Delhi: Finance Minister Arun Jaitley in his Budget -2018 presented in Lok Sabha on Thursday has announced a mega merger plan among three public sector general insurers – Chennai based United India Insurance, Kolkata based National...
by AIP Online Bureau | Jan 31, 2018 | International News, Reinsurance
Singapore: Swiss Re, the largest reinsurer in the world, has strengthened its presence in Asia with the launch of its regional headquarters, Swiss Re Asia Pte. Ltd. (Swiss Re Asia), in Singapore, and the appointment of a new regional Board of Directors for...
by AIP Online Bureau | Jan 31, 2018 | Indian News, Intermediaries
Mumbai: The insurance regulator IRDAI has doubled the capital requirements for setting up different categories insurance broking companies in the country. The new regulations, which have been unveiled on Wednesday, have specified Rs 75 lakh(earlier...
