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India tag returned 767 results

  • India: Indiabulls clinches R1 approval for non-life business

    Indiabulls Integrated Services has received the IRDAI's R1 approval for its proposed general insurance business, three months after receiving similar approval for a proposed life business.

    Asia | 19 Apr 2019
  • India: Organisational revamp is needed for non-life insurance business to grow

    The current business model in general insurance in India focuses on the low-hanging fruit of mandatory insurance. For non-life business to expand, organisational design needs a revamp, says Mr G N Bajpai, who has served previously as chairman of Securities and Exchange Board of India (SEBI) and state owned life giant LIC.

    Asia | 18 Apr 2019
  • RIMS and NIA to collaborate on enhancing risk management education in India

    National Insurance Academy (NIA) Pune, India and Risk and Insurance Management Society (RIMS) USA have signed a memorandum of understanding (MoU) for training, education and research in the area of risk management.

    Asia Risk | 17 Apr 2019
  • Thanks a dot

    SBI Life Insurance, a private life insurer in India, has launched 'Thanks a dot', an innovative breast cancer awareness initiative programme through which it plans to educate Indian women about early lump detection through simple self-examination techniques.

    AIRPlus | 16 Apr 2019
  • India: Regulator directs insurers to provide claim processing updates

    The IRDAI has asked all insurance companies - life, health and general - to periodically provide updates to their clients about the status of the claims they are processing, to ensure fair and transparent claim settlement procedures.

    Asia | 16 Apr 2019
  • Bringing HOPE through education

    Jubilee General, a private non-life insurer in Pakistan, is providing health and education services to marginalised rural communities across the country. For this initiative the company has collaborated with HOPE (Health Oriented Preventive Education), a local NGO that has a huge network of formal and informal schools across the country.

    AIRPlus | 15 Apr 2019
  • India: Insurers urged to adopt predictive analytics

    The Indian insurance sector needs to adopt predictive analytics to tackle risks surrounding early claims, no matter how slim the margin, say Jasjeet Singh, partner, and Jayesh Raj, senior manager, of Financial Services Analytics Advisory at the professional services firm EY.

    Asia | 15 Apr 2019
  • India: Pension regulator to frame FDI rules

    The Pension Fund Regulatory and Development Authority (PFRDA) is set to issue guidelines on foreign direct investment (FDI) in the sector, the agency's chairman Hemant Contractor has said.

    Asia | 12 Apr 2019
  • India: Mandatory cession rate for GIC Re stays at 5%

    The insurance regulator, the IRDAI, has maintained the obligatory cession from non-life insurers for state-controlled national reinsurer GIC Re at 5% for the current financial year which started on 1 April. The cession rate is decided by the IRDAI on an annual basis.

    Asia | 11 Apr 2019
  • India: Slower car sales expected to hit insurers' profits

    Slower growth of passenger car sales in India during the 12 months ended 31 March 2019 (FY2019) is expected to have a direct impact on the fourth quarter profits of general insurers.

    Asia | 10 Apr 2019

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