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India tag returned 1576 results

  • India: Regulator withdraws advisory suspending dividend payouts

    The IRDAI has withdrawn its advisory for insurance companies to refrain from declaring dividends, as the economy and the insurance industry start to revive from the impact of the COVID-19 pandemic.

    Asia | 05 Mar 2021
  • India to set up a P&I insurance club

    The Insurance Regulatory and Development Authority of India (IRDAI) and Indian National Shipowners Association are in talks to develop a protection and indemnity insurance club (P&I club) in India according to a report in the financial daily Business Line. A P&I club is a mutual insurance association that enables risk pooling among members and provides information and representation for its members.

    AIRPlus | 04 Mar 2021
  • India: Group term life owners are financially secure

    The India Protection Quotient (IPQ) 3.0 survey has revealed that 57% of urban India's salaried professionals feel that the group term life (GTL) insurance cover provided by their employer is sufficient.

    AIRPlus | 04 Mar 2021
  • India: Reserve Bank to limit banks' stakes in insurance companies to 20% at most

    India's central bank, Reserve Bank of India (RBI), wants banks to cap their stakes in capital intensive insurance companies at 20%, reported Reuters quoting three sources with knowledge of the matter.

    Asia | 04 Mar 2021
  • Climate change will increase frequency of flash droughts in India

    Climate change will increase the frequency of flash droughts in India, which will have a negative impact on country's agriculture and irrigation according to a new study by Indian Institute of Technology (IIT) Gandhinagar.

    Asia Risk | 03 Mar 2021
  • India: Health insurers grant up to 100% discount on renewals to encourage healthy lifestyles

    Private health insurers are granting discounts on renewed policies of 80-100%, along with a host of other rewards and benefits, in a bid to motivate policyholders to adopt healthy and active lifestyles.

    Asia | 03 Mar 2021
  • India: Insight-driven innovation to drive insurance industry growth

    The COVID-19 pandemic has brought back the focus on innovative insurance solutions in the Indian market and companies are today scaling up their digital initiatives and increasingly using AI and automation to drive business and serve their customers, said speakers during a webinar organised last week by the National Insurance Academy (NIA) in association with Swiss Re.

    Asia | 02 Mar 2021
  • India: Digitalisation and customer behaviourial change shift insurance industry

    The rapid adoption of digitalisation in insurance and the changing customer behaviour along with the influx of new technologies have led to key shifts in the insurance industry in terms of product innovation, the emergence of ecosystems and data, and technology-driven innovations across the value chain, says a report of the international consultancy firm Boston Consulting Group and India InsurTech Association.

    Asia | 01 Mar 2021
  • 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

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