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Bird flu spreads to new countries, threatens non-stop ‘war’ on poultry

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

Outbreaks of the virus have continued in North and South America, Europe, Asia and Africa, undefeated by summer heat or winter cold snaps, since a strain arrived in the United States in early 2022 that was genetically similar to cases in Europe and Asia The virus...

RiverStone’s landmark third-party reinsurance-to-close deal with MS Amlin, largest in Lloyd’s history

by AIP Online Bureau | Feb 15, 2023 | International News, Non-Life, Reinsurance

London: RiverStone International, the industry-leading acquirer and reinsurer of legacy and discontinued insurance business, has completed an agreement with MS Amlin Underwriting Limited to provide MS Amlin Syndicate 2001 (“MS Amlin”) with a Reinsurance-to-close...
IIB to set up tech platform ’Bima Satark’ to detect fraudulent health insurance claims

IIB to set up tech platform ’Bima Satark’ to detect fraudulent health insurance claims

by AIP Online Bureau | Feb 14, 2023 | Eco/Invest/Demography, Health, Indian News, Technology

Prasun Sikdar, MD&CEO, ManipalCigna Health Insurance The process has been initiated on 18th January by the IIB “Insurance Satark comes as a boon for the health insurance industry, as it helps us in detecting fraudulent claims. It is only for the health...
Niva Bupa weighs stake sale at $2 billion valuation: Report

Niva Bupa weighs stake sale at $2 billion valuation: Report

by AIP Online Bureau | Feb 14, 2023 | Health, Indian News

True North may consider selling some of its stake, the people said. A deal could also involve issuing new shares, one of the people said, asking not to be identified as the information is private. Mumbai: An Indian general insurer backed by British United Provident...
ManipalCigna launches a specialized plan for seniors

ManipalCigna launches a specialized plan for seniors

by AIP Online Bureau | Feb 14, 2023 | Health, Indian News, Non-Life

A customer between 56 to 75, after meeting the underwriting eligibility, can buy the plans and if an existing customer pay premium annually even after reaching 75, the cover will continue for him/her till death The sum insured options range from Rs. 3 lacs to Rs 50...
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