State-run general insurers in India now account for less than a third of the industry premium, as larger private non-life insurers have strengthened their position in the market. Public sector insurers saw their premium income decrease by 1% to Rs 34,203 crore during the first five months of the fiscal year.
Wildfires in Europe and Hawaii further raise the temperature of the debate over global warming and climate change and – from the narrow perspective of investment – non-life insurers are coming off badly as a result, owing to the perceived increase in risk associated with their business model.
As part of its effort to deliver much-needed life insurance protection cover to rural households and safeguard their loved ones from life's uncertainties, Tata AIA Life Insurance Co Ltd, one of India's fastest growing life insurers, has partnered with Common Services Centers, under the Ministry of Electronics& IT to engage its network of over 4 lakh Village.
Mumbai (Maharashtra) [India], April 11 (ANI/PRNewswire): As part of its effort to deliver much-needed life insurance protection cover to rural households and safeguard their loved ones from life s uncertainties, Tata AIA Life Insurance Co Ltd, one of India s fastest growing life insurers, has partnered with Common Services Centers (CSC), under the Ministry of Electronics & IT to engage its network of over 4 lakh Village Level Entrepreneurs (VLEs) at the last mile for distribution of life insurance plans.
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