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India tag returned 983 results

  • India: Govt faces challenge of huge population with high proportion of unemployables

    India is racing ahead to become the world's most populous country, overtaking China by perhaps as early as 2022, with one of the most ill-equipped, inadequately skilled youth in the world.

    Asia | 24 Oct 2019
  • India's life industry facing slowdown

    A report by Kotak Institutional Equities Research has revealed that the Indian life insurance industry is facing a slowdown as individual annual premium equivalent (APE) declined 3% y-o-y in September as compared to 11-27% y-o-y growth in April-August 2019. Overall APE was up 3% y-o-y on the back of stronger group business. The net inflows to equity mutual funds dropped sharply as well.

    AIRPlus | 23 Oct 2019
  • India: Free insurance covers on offer

    Indian Railway Catering and Tourism Corporation (IRCTC) for the first time is offering free insurance cover of up to INR2.5m ($35,250) to passengers travelling on the Lucknow-Delhi Tejas Express which started operations this month. The insurance plan includes INR100,000 cover against theft or robbery during the travel.

    Asia | 23 Oct 2019
  • Digital payments to power financial services

    A report published by convergence payments solutions company Razorpay revealed that digital transactions in India witnessed 383% growth in the last financial year ending March 2019 and will continue to grow rapidly in the future.

    AIRPlus | 22 Oct 2019
  • India: Life insurers see new premiums surge in 1H of FY2020

    Life insurance companies in India have posted a 35.1% year-on-year growth in new premium collections, to INR1.26tn ($17.7bn) in the April to September (1HFY2020) period.

    Agents | 22 Oct 2019
  • India: Regulator issues rules on advertising for insurers

    The IRDAI has, in a master circular issued on 16 October, updated restrictions placed on advertising of insurance policies and the advertising rules that insurers have to observe to safeguard consumer interests.

    Asia | 22 Oct 2019
  • India to host first ever ICLAM event next month

    The International Committee for Insurance Medicine (ICLAM) Congress will be organised in India for the first time in November 2019. The event titled, "ICLAM Mumbai 2019", has received tremendous response with close to 500 registrations so far from 30 countries.

    Asia | 21 Oct 2019
  • India: Several insurance M&A deals announced

    Several M&A deals, involving foreign players, have been announced this week in the Indian insurance market.

    Asia | 18 Oct 2019
  • India: Non-life premiums surge despite slump in vehicle sales

    Premium income underwritten by general insurance companies (excluding standalone health insurers) rose to INR201.45bn ($2.82bn) in September from INR144.64bn in the same month last year, according to statistics released by the IRDAI.

    Asia | 17 Oct 2019
  • Marsh India says Reserve Bank of India can consider compulsory cyber-risk insurance policies for banks

    Marsh India Insurance Brokers' country head and CEO Sanjay Kedia has said that cyber and natural calamities are big risks but most companies in India are underprepared for these threats.

    Asia Risk | 16 Oct 2019

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