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India tag returned 1486 results

  • India: Insurer launches group cover for viral diseases

    InsurTech Digit has introduced an insurance plan that specifically covers eight viral diseases including COVID-19 under its group insurance plan for small, medium or big organisations and businesses.

    Asia | 04 Dec 2020
  • India: IFSCA joins International Association of Insurance Supervisors

    The International Financial Services Centres Authority (IFSCA) says that it has become a member of the International Association of Insurance Supervisors (IAIS).

    Asia | 04 Dec 2020
  • India: Pandemic can be defining moment for life industry

    The COVID-19 pandemic has been a game changer for the Indian life industry as it has managed to reinvent itself quickly by adopting digital processes in all its operational areas, said speakers at the Economic Times virtual insurance summit yesterday.

    Asia | 03 Dec 2020
  • India: Mandatory medicals for COVID-19-affected policy buyers

    Post COVID-19 the financial and medical underwriting of life insurance in India is likely to become tighter with some restrictions in place.

    Asia | 03 Dec 2020
  • India: GIC Re switches approach to reduce dependence on investments for profits

    State controlled GIC Re will have to work with an operational efficiency that gives it a combined ratio of less than 100, in order to make its reinsurance operations sustainable, according to Mr Devesh Srivastava, chairman and managing director of GIC Re.

    Asia | 03 Dec 2020
  • India: Travel company extends its safe travel programme

    Travel services company Thomas Cook India, along with its group company SOTC Travel, has announced the extension of its assured safe travel programme for customers that also provides insurance cover against COVID-19.

    Asia | 02 Dec 2020
  • Sharp rise in fraud forecast following COVID

    Over 80% of corporate India fears that business disruptions and uncertainty brought about by the pandemic will lead to rise in fraud cases in the next two years according to Deloitte Touché Tohmatsu India (DTTI) biennial survey. This is 22 percentage point increase over the previous edition of the survey in 2018.

    Asia Risk | 02 Dec 2020
  • India may become too hot for construction by the 2030s

    India is likely to experience more lethal heatwaves by the 2030s that will make construction and other outdoor work dangerous.

    Asia Risk | 02 Dec 2020
  • India: General insurance sector shows red ink in FY2020

    The 32 companies in the Indian general insurance sector posted an aggregate net loss of INR14.02bn ($190.6m) for the financial year ended 31 March 2020 (FY2020), from a combined net profit of INR6.83bn in FY2019 and net profit of INR69.09bn in FY2018, according to statistics compiled by General Insurance Council, which represents all domestic general insurers.

    Asia | 02 Dec 2020
  • India: Life insurer shows growth despite COVID-19

    Bharti AXA Life, a private player in the Indian market, has registered a 10% increase in renewal premium at $80.3m in the first half of the current fiscal year compared to $73.1m in the same period last year.

    Asia | 01 Dec 2020

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