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India tag returned 528 results

  • India: Regulator orders insurers to cover mental illness

    The IRDAI has directed all insurance companies to cover mental illness, citing a new law which came into force in May.

    Asia | 21 Aug 2018
  • $3 billion and counting

    The floods that have devastated the South Indian state of Kerala will be among the costliest in terms of economic losses. Current estimates peg the losses at $3bn but is set to cross the $5bn mark, considering that the calamity is widespread and actual damages are yet to be assessed across the state. We look at the factors behind this unprecedented natural calamity and how the insurance industry can deal with such events in the future.

    AIRPlus | 20 Aug 2018
  • India ripe for disability risk plans

    The WHO estimates that some 300m Indians now have sufficient assets to be financially compromised in the event of accident or illness. There is minimal disability risk insurance in India and the current disability products available in the market do not sufficiently cover risk arising from an accident or illness.

    AIRPlus | 20 Aug 2018
  • India: Insurers stare at massive losses from Kerala floods

    The general insurance industry is likely to receive claims of millions of dollars after record rains caused massive flooding in the south Indian state of Kerala.

    Asia | 20 Aug 2018
  • India: Looming 1 Sep deadline makes motor insurers anxious

    Insurance companies are concerned about the lack of clarity in pricing and shortage of time to implement mandatory long-term third party motor insurance for new private vehicles.

    Asia | 17 Aug 2018
  • Insurers beware, extreme weather is the new normal

    Extreme weather conditions resulting in severe drought and rainfall are the new normal and insurers will need quickly to factor in this risk to their products and come out with new products that will cover the risks arising from extreme climatic conditions.

    AIRPlus | 16 Aug 2018
  • Indian health insurance policies: exclusions will be minimised

    The Indian regulator IRDAI has set up a 10-member working group to study the prevalent exclusions in health insurance policies and suggests minimising these exclusions.

    AIRPlus | 16 Aug 2018
  • Indian insurance industry at an inflection point

    The Indian insurance industry is in a transition. New entrants are donning the hat of 'disruptors' and giving fair competition to the established players, especially in retail lines. Asia Insurance Review spoke with IFFCO Tokio General Insurance managing director and CEO Warendra Sinha about the growth prospects, opportunities and challenges ahead of the industry.

    AIRPlus | 16 Aug 2018
  • India: National Health Protection Scheme to be launched on 25 Sep

    Prime Minister Narendra Modi yesterday announced his flagship project, Ayushman Bharat or National Health Protection Scheme, will be launched on 25 September.

    Asia | 16 Aug 2018
  • India: Population is greying faster than previously projected

    India is greying faster than previous projections, even though it fares better than other Saarc (South Asian Association for Regional Cooperation) countries and China.

    Asia | 15 Aug 2018

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