by AIP Online Bureau | Apr 6, 2024 | International News, Non-Life, Reinsurance
The transaction is part of Allianz’s new strategy to focus on large corporate and specialty businesses in the U.S. instead BERLIN: Allianz agreed to sell Fireman’s Fund, its U.S. insurance unit for mid-sized corporations and entertainment industry clients,...
by AIP Online Bureau | Apr 5, 2024 | Banking & Bancassurance, Data, Eco/Invest/Demography, Regulation, Risk Management, Technology
Reserve Bank of India deputy governor T Rabi Sankar said there are 46 lakh users and 4 lakh merchants transacting in CBDC right now, and added that as the acceptance of CBDC grows, there has been a growth in the P2M, or peer-to-merchant, transactions Mumbai: The...
by AIP Online Bureau | Apr 5, 2024 | Data, Eco/Invest/Demography, Health, Life, Non-Life
On average, at least one in three Indians today were pre-diabetic, two in three were pre-hypertensive and one in 10 were depressed, the 4th edition of Apollo Hospitals’ flagship Health of Nation Report on World Health Day 2024, said. Most common cancers in order...
by AIP Online Bureau | Apr 5, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation
Sanlam has already entered into a share purchase deal to buy 6.29 per cent in Shriram General Insurance Company (SGIC) and 7.04 per cent in Shriram Life Insurance Company (SLIC) from TPG India Investments, and 4.45 per cent in SGIC and 4.98 per cent in SLIC from the...
by AIP Online Bureau | Apr 5, 2024 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology
According to S&P Global Ratings, that means the premiums for electric cars can range from 20% higher to double fuel-powered vehicles. In China, most people providing online car-hailing services also drive EVs, which is another risk factor insurers are looking at,...
