by AIP Online Bureau | Aug 10, 2023 | Breaking News!, Eco/Invest/Demography, Intermediaries, Non-Life, Reinsurance, Risk Management
“Availability of cover for Taiwan has got tighter,” said Crispin Hodges, head of trade and political risk with insurer Canopius, “We’ve been tightening up the wording to ensure that the policies reflect the underlying risk that we want to insure and there aren’t any...
by AIP Online Bureau | Aug 10, 2023 | Indian News, Life
Siddarth Mohanty, chairman, LIC “Our premium has fallen in Q1 as our ticket size of the policy has gone up. We would like to grow our bottomline but would ensure that our top line growth is maintained at better than the industry’s growth rate so that our...
by AIP Online Bureau | Aug 10, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation
”Celebrities, influencers and virtual influencers presenting themselves as health experts or medical practitioners, when sharing information, promoting products or services or making any health-related claims, must provide clear disclaimers, ensuring the...
by AIP Online Bureau | Aug 10, 2023 | Indian News, Non-Life, Reinsurance, Risk Management
This study holds paramount significance, as it provides the opportunity to comprehensively evaluate the potential impact on the capital and overall solvency of the insurers This framework would serve as a pivotal mechanism which would enable insurers to maintain an...
by AIP Online Bureau | Aug 10, 2023 | Indian News, Life
Max Life Insurance new business margin (NBM) expanded to 22.2% in Q1FY24, improved 110 bps over corresponding previous quarter mainly driven by change in product mix Value of New Business (VNB) grew by 16% to Rs. 247 Crore in Q1FY24 New Delhi: After the approval of...
