by AIP Online Bureau | May 29, 2024 | International News, Non-Life, Regulation, Reinsurance, Risk Management, Technology
“This joint agreement will ensure we share the knowledge and expertise needed to deliver the products and solutions to tackle our customer’s challenges and support the growth ambitions of our markets in the years to come” London: Lloyd’s, the world’s leading...
by AIP Online Bureau | May 29, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management
“We expect sound economic fundamentals to underpin the growth momentum over the next two to three years,” S&P said, adding that regardless of the outcome of general elections, the ratings agency expects broad continuity in economic reforms and fiscal...
by AIP Online Bureau | May 29, 2024 | Health, Indian News, Non-Life, Regulation, Technology
A health insurance policy is renewable and can’t not be denied on the ground that claim (s) was made in the preceding policy years, except in case of established fraud or non-disclosure or misrepresentation by the insured Insurers have grant final authorization...
by AIP Online Bureau | May 29, 2024 | Workplace/Employee Benefits
At least 25 people, including 14 in a stone quarry collapse, were killed in Mizoram on Tuesday due to landslides and incessant rain in the aftermath of cyclone ‘Remal’, state disaster management authority said. Several other people went missing in...
by AIP Online Bureau | May 28, 2024 | Indian News, Reinsurance
“Despite having nine catastrophic events, which have added Rs 3,300 crore of losses for GIC Re, we had a profitable year in Fy 24. As a matter of strategy, we have increased our domestic premium by almost 15 per cent in Apr 1 renewals while going slow in...
