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India tag returned 2540 results

  • India: Insurers reduce crop insurance coverage

    General insurers reduced their exposure to crop insurance under the government-backed Pradhan Mantri Fasal Bima Yojana (PMFBY) during FY24 despite the government's push to expand the coverage of the crop insurance scheme.

    Asia | 12 Jul 2024
  • India: IndiaFirst Life announces new appointments

    IndiaFirst Life Insurance has appointed Mr Sumeet Sahni as president and chief distribution officer - agency and alliances and Mr Varun Gupta as president and chief distribution officer - bancassurance.

    Asia | 11 Jul 2024
  • India: General insurance premiums climb by 13.7% year on year in 1QFY25

    Non-life insurers in India reported a 13.7% growth in gross direct premium in the April-June quarter of the financial year ending 31 March 2025 (1QFY25). This was driven by strong performance in health and motor segments, according to data released by the General Insurance Council.

    Asia | 11 Jul 2024
  • India: Life insurance market expands by 23% in 1QFY2025

    Life insurers in India saw a 22.9% increase in new business premium collection in the first quarter of the current fiscal year that started on 1 April 2024 (FY25), according to data released by Life Insurance Council.

    Asia | 10 Jul 2024
  • India: LIC launches agency transformation initiative

    India's top life insurer, Life Insurance Corporation of India (LIC) has partnered with strategy consultant A T Kearney to undertake an agency transformation project aimed at future-proofing its 1.4m agents to meet the rapidly evolving needs of customers.

    Agents | 09 Jul 2024
  • EVs to drive Indian motor insurance

    The increasing adoption of EVs in India is not only reshaping the India motor industry but also revolutionising the motor insurance segment in the country.

    AIRPlus | 09 Jul 2024
  • India: Govt mulls expanding coverage of flagship health insurance scheme

    The Indian government is considering doubling the beneficiary base under its flagship Ayushman Bharat health insurance scheme over the next three years, beginning with all those aged above 70 years to be brought under its coverage.

    Asia | 09 Jul 2024
  • India: Insurers call for tax changes to increase market penetration

    Insurers are lobbying for more tax incentives from the government ahead of the delivery of the 2024 Budget, scheduled to be read on 23 July 2024. The insurers want to increase the appeal and affordability of insurance offerings through tax incentives.

    Asia | 08 Jul 2024
  • Climate: New Delhi sees most number of days of at least 35 degrees C heat among 20 biggest capitals

    New Delhi recorded the highest number of days when the temperature was over 35°C out of 20 capital cities analysed by London-based International Institute for Environment and Development (IIED), an independent policy and action research organisation working primarily in the global South.

    Asia | 05 Jul 2024
  • Insurance programme helps in tackling heatwave conditions

    A parametric insurance plan helped 46,000 women across 22 districts in India tackle the extreme heatwave conditions that swept through vast swathes of the country in May and June this year.

    AIRPlus | 04 Jul 2024

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