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India tag returned 1568 results

  • India: Axis group receives nod to acquire stake in Max Life

    The IRDAI has given its formal approval for the acquisition of a stake of up to 12% in Max Life Insurance by Axis Bank and its subsidiaries, Axis Capital and Axis Securities (dubbed Axis entities together), Max Financial Services announced in a stock exchange statement.

    Asia | 26 Feb 2021
  • Life insurance most preferred financial tool

    Life insurance is the most preferred financial tool by individuals across India today.

    AIRPlus | 25 Feb 2021
  • India: IRDAI forms panel to review information and cyber security guidelines

    The insurance regulator, the IRDAI, yesterday announced that it has constituted a 15-member committee to review its information and cyber security guidelines.

    Asia | 25 Feb 2021
  • one fifth of Mumbai coastline susceptible to flooding

    About 20% of Mumbai Metropolitan Region's (MMR) coastline is vulnerable to annual flooding during natural disasters and from a gradual rise in the sea level according to a new study.

    Asia Risk | 24 Feb 2021
  • General insurer launches index to help India Inc manage risks

    Indian general insurer ICICI Lombard has launched a 'corporate India risk index' to help companies understand the level of risk that their business is facing. The index will also assist the companies in developing a successful risk-aversion plan.

    AIRPlus | 23 Feb 2021
  • India: Reinsurance market shows red ink in FY2020

    The reinsurance sector in India reported aggregate losses for for the financial year ended 31 March 2020 (FY2020), compared to profits for FY2019, according to the IRDAI's "Annual Report 2019-2020" released recently.

    Asia | 23 Feb 2021
  • How life insurers can transform into a new-age digital hybrid sales distribution model post COVID-19 - Max Life Insurance Deputy MD

    With the COVID-19 outbreak, life insurers across the globe have witnessed an acceleration of a digitally enabled model of distribution. V. Viswanand, Deputy Managing Director, Max Life Insurance, shares in this article how life insurers can transform into a new-age digital hybrid sales distribution model post COVID-19.

    Agents | 22 Feb 2021
  • India: Insurers under pressure from reinsurers to raise term life insurance premiums

    Term life insurance premiums are likely to increase as reinsurers have revised their premiums upward because the number of claims has increased over the past year.

    Asia | 22 Feb 2021
  • India: Govt reportedly plans to divest United India and GIC Re

    The central government is reportedly planning to privatise Chennai-based United India Insurance and is deliberating whether state-owned reinsurer General Insurance Corp of India (GIC Re) should also be divested.

    Asia | 19 Feb 2021
  • India: More needs to be done to reduce road accidents

    India witnesses close to 500,000 road accidents every year resulting in over 150,000 deaths, serious injuries and damage to vehicles and insured losses running into millions of dollars. Despite many efforts by the government and various organisations the situation on the ground has not improved much with an average of 53 road accidents happening every hour across the country. A recent World Bank report states that India, with one per cent of the world's vehicles, accounts for 10% of all road crash victims. Building safe infrastructure is one of the major aspects of addressing this issue, the report said.

    AIRPlus | 18 Feb 2021

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