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Don’t miss the latest developments in business and finance.
GIC Re part of Rs 500-crore insurance pool to cover imports from Russia
While it will be called the fertiliser pool with a corpus of Rs 500 crore, it can be used to cover the risks of oil and gas imports too
Drone use, satellite imagery for agriculture insurance may be a must
Govt, Irdai considering using artificial intelligence to control fraud claims, cut delays in settlement
AIC enters coinsurance deal with 3 public sector insurance firms for PMFBY
Under the scheme, while AIC will use offices, manpower and rural reach of the three companies, it will offer 12.5 per cent of the premium collected to each of the three companies
Agriculture Insurance Co planning to launch crop reinsurance schemes abroad
Agriculture Insurance Company (AIC), for now, is looking to launch reinsurance in countries like Nepal, Sri Lanka, Philippines and Bangladesh
AIC to appoint consultant to rejig business strategies
AIC wants to reposition itself as crop insurance is turning out to be a market-based product