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Gallagher promotes James Kent to lead Global Insurance Strategic Relationships

by AIP Online Bureau | Mar 15, 2023 | Intermediaries, International News, Non-Life

In this role, James will be responsible for establishing and driving the framework that determines how Gallagher connects with its major strategic partners in the (re)insurance eco-system, including further investment in capital advisory and portfolio solutions....

China’s Ping An Insurance posts 17.6% drop in 2022 profit

by AIP Online Bureau | Mar 15, 2023 | Health, International News, Life, Non-Life

“Household consumption recovery still faced many challenges, which continued to have an impact on Ping An’s long-term life & health protection insurance business,” it said. Ping An Insurance Group Co. of China Ltd., China’s largest insurer by market value,...

Banking fears spread across global markets

by AIP Online Bureau | Mar 15, 2023 | Banking & Bancassurance, Eco/Invest/Demography, International News

While stocks recouped some of their losses on Tuesday, investors remain wary of the banking fallout and what it means for the Federal Reserve’s interest rate-hiking campaign going forward and the overall stability of the financial sector Just as the panic over...

Govt unlikely to roll back tax plan on high-value life insurance, say govt officials

by AIP Online Bureau | Mar 15, 2023 | Eco/Invest/Demography, Indian News, Life, Policy

The move, which will come into effect for policies issued from April 1, has rattled insurers, with top company executives meeting Finance Minister Nirmala Sitharaman and finance ministry officials to petition them to reconsider the proposal. New Delhi: The Indian...
Deepak Mohanty appointed as PFRDA chairman

Deepak Mohanty appointed as PFRDA chairman

by AIP Online Bureau | Mar 15, 2023 | Indian News, Pension & Social Security, Regulation

Deepak Mohanty, chairman, PFRDA Mohanty was a member(Economist),PFRDA and had recently retired from the regulatory body New Delhi: The government on Tuesday has appointed Deepak Mohanty, a former member of the Pension Fund Regulatory Development Authority( PFRDA), as...
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