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India tag returned 565 results

  • Indian insurers can soon adopt 'sandbox' approach for new products

    The Insurance Regulatory and Development Authority of India (IRDAI) has decided to develop a 'regulatory sandbox' to enable testing of products in a controlled environment so that the industry can keep pace with the fast-evolving financial technology scenario.

    AIRPlus | 25 Sep 2018
  • India: World's biggest healthcare scheme launched

    Indian Prime Minister Narendra Modi has launched the world's biggest healthcare programme Pradhan Mantri Jan Aarogya Yojana that aims to provide free healt

    Asia | 25 Sep 2018
  • Nat cats keep insurers on their toes

    Flood disasters across India are on the rise in frequency and severity and they create enormous losses for those caught in the flood area. This year's catastrophic floods in Kerala state had virtually an entire state on its knees. Author and insurance expert P James shares some toughts.

    AIRPlus | 24 Sep 2018
  • India: Govt backed crop insurance scheme deemed a game changer

    The new operational guidelines issued by the government for the state-backed Pradhan Mantri Fasal Bima Yojana (PMFBY) scheme has the potential to be a game changer, Dr Ashish Kumar Bhutani, CEO of the government's flagship scheme, has said.

    Asia | 24 Sep 2018
  • India: Amazon eyes selling insurance

    Internet commerce giant Amazon plans to sell insurance in India, according to filings by its Indian unit with the Ministry of Corporate Affairs, reports BloombergQuint.

    Asia | 21 Sep 2018
  • India: Govt issues new operational guidelines for flagship farm insurance scheme

    The Indian government has released new operational guidelines for its flagship Pradhan Mantri Fasal Bima Yojana (PMFBY) agriculture insurance scheme, which includes a penalty clause for states and insurance companies for any delay in the settlement of claims.

    Asia | 20 Sep 2018
  • Indian insurance and pension regulators cooperate to ease issuance of annuities

    India's insurance and pension regulators are finalising a strategy to streamline the process for payouts under the National Pension System (NPS), including online purchases of annuities, easier KYC norms and a simplified form.

    Asia | 19 Sep 2018
  • Energise insurance in India, essay competition launched

    Asia Insurance Review and GIC Re as co-organisers of the India Rendezvous have launched the third Indian insurance industry essay competition to find the best ideas to spur the insurance and reinsurance market in India in an age of technological advancements and insurTech disruptions.

    Asia | 18 Sep 2018
  • Indian farmers find hope in PMFBY

    The Pradhan Mantri Fasal Bima Yojana (PMFBY) scheme launched by the government of India in February 2016 has given a huge boost to the Indian farming community, as it covers an entire gamut of risks from sowing to post harvesting. This scheme has made agriculture insurance the third largest line of insurance after motor and health in India and is reinsurance-driven, contributing about one third of total reinsurance premiums in India.

    AIRPlus | 17 Sep 2018
  • India: Insurers face huge default risk from cash-strapped infrastructure group

    The downgrade of the credit rating of India's largest infrastructure development and finance company, IL&FS Group, to junk has put INR100bn ($1.4bn) worth of investments by insurers and pension funds at risk.

    Asia | 17 Sep 2018

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