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India tag returned 584 results

  • Global reinsurers key to make market sustainable

    The Indian government's ambitious crop insurance scheme Pradhan Mantri Fasal Bima Yojana (PMFBY), is raking in the money for insurers and presents huge opportunities for the global reinsurance sector. PMFBY has made agriculture insurance the third largest line of insurance after motor and health in India and is reinsurance driven and is currently contributing about one third of total reinsurance premiums in India.

    AIRPlus | 16 Oct 2018
  • India: E-commerce giant Flipkart clinches corporate agent licence

    Local e-commerce giant Flipkart has said it will be entering the insurance market after securing a corporate agent licence.

    Agents | 16 Oct 2018
  • India: Govt to build talent pool for succession in public sector insurance sector

    The government will create a talent pool of officials who will be eligible for fast-track promotions to hold the top positions at public sector general insurance companies, say Finance Ministry officials.

    Asia | 16 Oct 2018
  • Insurers rake in the moolah from insuring the gods

    India, a land where millions of deities are worshipped daily, is now seeking insurance for the gods themselves. In a telling reflection to the times, religious festival organisers now believe that they and their gods could do with some insurance cover during the festival days. Industry sources reveal that in the city of Mumbai itself insurance cover worth $80m was taken this year during the Ganesh (elephant god of the Hindus) festival.

    AIRPlus | 15 Oct 2018
  • India: Foreign reinsurers continue to lobby regulator

    Foreign reinsurance companies have made another appeal to the IRDAI to relax the order of preference for reinsurance business in India, before reinsurance contracts are due to be renewed on 1 January.

    Asia | 15 Oct 2018
  • India: Adequacy of nuclear liability insurance discussed

    Global nuclear industry players and Indian insurance companies met at the two-day India Nuclear Business Platform earlier this week, at which the adequacy of nuclear liability insurance was discussed, particularly with the Indian government planning on expanding nuclear power plants.

    Asia | 12 Oct 2018
  • India: IRDAI seeks feedback on allowing pharmacies to sell health insurance

    The IRDAI is set to launch a consultation on allowing medical diagnostic centres and pharmacies to sell health insurance, as they are the first touch points for all wellness and health related matters across the country.

    Asia | 11 Oct 2018
  • India: E-commerce giant clinches corporate agent licence

    Local e-commerce giant Flipkart has said it will be entering the insurance market after securing a corporate agent licence.

    Asia | 10 Oct 2018
  • From RSBY to PMJAY - India's healthcare conundrum

    Ayushman Bharat, renamed Pradhan Mantri Jan Arogya Yojana (PMJAY), touted as the world's largest government funded healthcare programme, which is expected to benefit 500m beneficiaries, was launched by the Indian prime minister, Narendra Modi in September.

    AIRPlus | 09 Oct 2018
  • India: Govt-owned insurers deliberate modernisation measures

    Public sector general insurance companies now have an annual 'insurance manthan' or retreat to look into the issues plaguing the sector. The event was held on 5-6 October.

    Asia | 09 Oct 2018

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