The world is getting warmer and natural hazards are becoming more intense, likely bringing higher economic losses in the future. Today, four major weather perils result in expected economic losses of USD 200 billion annually. With more severe weather coming, economic losses are set to rise. The study analysis finds …
Agriculture or crop insurance, if introduced, will encourage banks to lend more to the farm sector on which the majority of the country's 150 million population depends for their livelihood, according to top bankers. They said the objective of the insurance will be to provide insurance coverage and financial support …
This publication examines the use of index insurance to help reduce vulnerability and poverty and adapt to climate change. Experience in index insurance to-date has been limited to individual case studies, which show promise of lessening the impacts of climate shocks, and enabling investment and growth in the agriculture sector. …
INSURANCE executives held out hope to the afflicted late last month by announcing their willingness to end a notorious industry practice: charging higher premiums to people with health problems or denying them coverage altogether. But don
Predicted or confronting you out of the blues, bad weather can give anybody the jitters, especially when each of your business moves, right from the stage of planning to that of execution, will have to be weighed against the vagaries of weather and climatic changes. Not surprisingly, demand for intelligent, …
Praduman Choubey Cattle guard Jyoti Rajak of Dhanbad will soon be covered under a group insurance scheme. Picture by Gautam Dey Dhanbad, Feb. 19: For the first time in the country, a group insurance scheme has been introduced for cattle guards. And showing the way is the Dhanbad forest division. …
Chandigarh: All the persons registered under National Rural Employment Guarantee Scheme in Haryana will now be insured under micro insurance scheme. An official spokesman said that Life Insurance Corporation of India (LIC) has been roped in for the implementation of this scheme. Employment assistants appointed under the National Rural Employment …
CHANDIGARH: The National Health Insurance Scheme will be implemented in all Haryana districts to provide free treatment to three members of each family living below the poverty line in authorised private hospitals. An official spokesman said here on Thursday that the BPL families are provided all basic health facilities under …
Special Correspondent CHENNAI: The State Council of Confederation of Indian Industry (CII) on Thursday welcomed the State government move to introduce Health Insurance Scheme for Life Saving Treatments for the poor and low-income groups. Addressing newsmen, Manikam Ramaswami, CII-TNSC Chairman, said
Special Correspondent CHENNAI: The government will launch an insurance scheme for the poor and low- income groups to get the best medical treatment in government and private hospitals, Governor Surjit Singh Barnala said on Wednesday. It would benefit about one crore families. The insurance cover would be up to Rs.1 …
JAIPUR: Over 15 lakh farmers in Rajasthan who have obtained cooperative loans were given the benefit of life insurance on payment of a nominal premium through a new scheme sponsored by the Life Insurance Corporation of India here on Monday. The cooperative banks signed an agreement with the LIC for …
The most powerful earthquake in China since 1950 shows the nation's insurance industry is decades behind those of the world's biggest economies. Just 5 per cent of the more than $20 billion of damages from the quake in Sichuan province is covered by insurance, according to estimates from an official …
