General insurance sector logs 21% premium growth in July: IRDAI
The Indian non-life insurance trade closed final month with 20.82 per cent premium development as in comparison with the earlier yr's corresponding interval. According to the Insurance Regulatory and Development Authority of India (IRDAI) the non-life insurance sector had earned a premium of Rs 23,392.46 crore in July 2022 up from Rs 20,157.23 crore.
The development would have been...
Nearly 10% drop flood insurance coverage in RI after rate hikes
PROVIDENCE, R.I. (WPRI) — Nearly one in 10 Rhode Islanders with flood insurance have dropped their coverage since December, Target 12 has learned.
The number of policies statewide decreased from 11,104 on Dec. 31 to 10,133 on July 31, which is a decrease of almost 10%, according to data from the Rhode Island Emergency Management Agency.
The drop in policies...
UAE insurers should realise reconstructive surgery is not always cosmetic
Medical insurance insurance policies within the GCC don't cowl reconstructive surgical procedure, which many imagine is a medical crucial that ought to not fall beneath the identical class as aesthetic or beauty surgical procedure. The lack of acknowledgement of this notion is dangerous.
Take mastectomy as an illustration,...
IADI 2022: NDIC to deepen engagement in deposit insurance
By Ginika Okoye
The Nigeria Deposit Insurance Corporation (NDIC) says it should avail the chance of the twentieth Anniversary celebration of the International Association of Deposit Insurers (IADI) to deepen its engagement in deposit insurance.
Mr Bello Hassan, the Managing Director/Chief Executive Officer of NDIC, mentioned this in a video by way of the company’s official Twitter deal with...
Bar owners dealing with ballooning insurance costs months after reopening – Kamloops News
https://www.youtube.com/watch?v=VP6g7cTTVBY
Sydney Chisholm
Things are not like they used to be in Kamloops bars and nightclubs, and the COVID-19 pandemic is only partly to blame.
Nightclub owners, who are now dealing with ballooning insurance costs, say they have noticed a change in their clubs since fully reopening earlier this year.
“It's a lot different, people a lot more respectful," Dino Bernardo,...
An Ultimate Guide To Buying Comprehensive Bike Insurance
Purchase of a bike is like investing in an asset. You have to redirect finances, think of the long-term repercussions, assess the resale value along with depreciation, and so on. Just like any other significant asset, this too requires a safety net. In the case of a bike, the safety net is comprehensive bike insurance.
Bike insurance is made mandatory...
What is critical illness insurance and how can it help you?
While people understand the importance of buying a life insurance policy and a health insurance policy, they rarely realise the importance of critical illness insurance. This insurance policy is equally important to help prepare for your future. Read on to know more.
What is a critical illness insurance?
The insurance policy secures you against the expenses that may arise if you...
5 Tips For Reducing Car Insurance Premium
Every product or service costs money and requires you to plan your expenses according to your income capacity. However, it would help if you prioritised your safety and convenience before investing in them. For example, buying a four-wheeler is necessary for your family as it offers comfort and allows them to roam freely.
Along with that, you must also consider...
8.5% Provident Fund Interest Being Credited: Here’s How To Check PF Balance
Recently, retirement fund body Employees Provident Fund Organisation (EPFO) announced that it has started crediting 8.5 per cent rate of interest on employees' provident fund (EPF) for 2019-20 for its over six crore members. Now account holders can see their updated EPF accounts with credit of 8.5 per cent rate of interest for 2019-20. According to the EPF website...







































