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Q3 InsurTech investment surpasses USD1 billion on P&C surge

Q3 InsurTech investment surpasses USD1 billion on P&C surge

by AIP Online Bureau | Nov 3, 2023 | Intermediaries, International News, Life, Non-Life, Technology

With wealthy backers writing enormous checks, InsurTechs could ignore the importance of loss ratios or customer retention. They – and their investors – could instead focus on metrics like growth and divergence and miss the extremely important lessons that ultimately...

Paucity of funds for counselling Kerala Police officials led to 69 suicides in past 4 years: Report

by AIP Online Bureau | Nov 3, 2023 | Data, Policy, Workplace/Employee Benefits

As per the study conducted between January 2019 to September 2023, those who died by suicide include civil police, senior civil police, grade sub inspectors and one station house official Thiruvananthapuram: Paucity of funds to implement a counselling system for...

Aon brings together UK and EMEA regions with Julie Page as CEO

by AIP Online Bureau | Nov 3, 2023 | Intermediaries, Non-Life, Reinsurance

“As we continue to go further, faster with our 3×3 Plan to accelerate our Aon United strategy, operating as one united region will simplify our organizational structure to be even more responsive to client need and create further opportunities for our...
Zurich Insurance to pick up 51% in Kotak General Insurance for $488 million, to raise its stake by another 19% in future

Zurich Insurance to pick up 51% in Kotak General Insurance for $488 million, to raise its stake by another 19% in future

by AIP Online Bureau | Nov 2, 2023 | Eco/Invest/Demography, Indian News, Non-Life

·Zurich will acquire an additional stake of up to 19% over time. It is anticipated that this transaction will represent the largest foreign insurer investment in the Indian insurance sector since the regulatory changes allowing majority foreign ownership came into...

Companies in India likely to give 9.8 pc salary raise in 2024: Willis Tower Watson report

by AIP Online Bureau | Nov 1, 2023 | Data, Eco/Invest/Demography

”Companies across industries are still closely monitoring their cost structures. Within the IT sector, a noticeable correction is expected with salary increments reducing from approximately 11 to 12 per cent in the past to a projected 10 per cent for...
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