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CALAMITY INSURANCE
Create a market for catastrophe bondsFor another, these offer attractive yields, and so can well be lapped up by long-term investors with the requisite risk appetite.
Bharti AXA General Insurance premium income rises 46 per cent to Rs 1,586 crore in H1Motor, health and travel led the growth for retail channel which registered a 38 per cent increase in revenue in April-September 2019 over ...
Kerala floods: Insurance claims likely to be upwards of Rs 1000 croreAssessment of claims will take place with situation moving to normal, a senior official of an insurance firm said, adding clear picture wil...
Farmers compensated for low yield: Haryana CM Manohar Lal KhattarThe chief minister said that it was for the first time that the farmers were also getting compensation for low yield.
Home insurance under-purchased product in IndiaPeople don't purchase home insurance policy mostly due to lack of awareness and myth surrounding it that it comes with high premiums and in...
Majority of Indians shun home insurance: Bajaj AllianzAmongst the 1200 respondents, 75 per cent said they were aware of the importance of home insurance, however, only 30 per cent had purchased...
Parkash Singh Badal seeks modifications in Pradhan Mantri Fasal Bima YojnaPunjab CM Parkash Singh Badal today sought modifications in the recently launched PMFBY to make it more farmer-friendly and result oriented.
Government to soon launch 'more farmer friendly' crop insurance schemeThe government is planning to come up with a "more farmer friendly" crop insurance scheme in the next two months.
Nepal earthquake spikes demand for home insuranceAt the time of the 2011 census, India had 33 crore homes, of which only half are of ‘pukka’ construction, or permanent in nature.
Insurance sector eyes FDI worth billions in new yearIRDA chairman TS Vijayan says that the domestic insurance industry needs investments worth up to Rs 60,000 crore in next five years.
ICICI Group employees, cos donate Rs 12 crore to PM Relief FundEmployees of ICICI Bank have contributed Rs 12 cr to help rebuild lives of people affected by natural calamities in J&K, Assam, Meghalaya &...
Natural disasters are beyond your control, better be insuredDisasters like the one in Jammu & Kashmir lead to tremendous loss of lives, leaving the bread earner's dependants financially vulnerable.
With decline in overseas rates home insurance to get cheaperThe cost of insuring homes and factories against natural calamities is likely to fall, in line with some 10% decline in overseas rates.
LIC to open special office in Uttarakhand to settle claimsState-run Life Insurance Corporation (LIC) has decided to open special office in Uttarakhand and relax norms to expeditiously settle life i...
- Home insurance: Cover your home against natural disasters
As the recent earthquake in Sikkim shows, no one is immune to natural calamities. Insuring your house will not only protect this costly ass...
- Primer: All about Home Insurance
Home insurance policies are offered by general insurance companies to cover your home against risks from natural calamities such as fire, f...
- Calamity insurance costs to go up after Japan disaster: Insurers
Expert also said the global re-insurance companies, like Munich Re or Swiss Re, might have to enhance their natural catastrophe budget for ...