by AIP Online Bureau | Feb 9, 2023 | Indian News, Non-Life, Reinsurance
As a result of tight underwriting practices in recent years, the third largest Asian reinsure has managed a better combined ratio and lower underwriting losses in Fy 2022-23 Mumbai: Returning to profitability, state owned reinsurer GIC Re’s net profit has...
by AIP Online Bureau | Feb 9, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Insured losses will be much lower, possibly around $1 billion, due to low insurance coverage in the area, Fitch added Paris: The earthquake that has devastated Turkey and Syria could cause economic losses exceeding $4 billion, ratings agency Fitch said on Thursday....
by AIP Online Bureau | Feb 9, 2023 | Indian News, Life
“We continue to remain focussed on creating a portfolio mix to optimise value for all stakeholders, and in that context, increasing the proportion of Non-par business in a consistent and profitable manner,” said M R Kumar, chairperson, LIC Mumbai: Public...
by AIP Online Bureau | Feb 9, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life
The death toll from both countries was expected to rise as hundreds of collapsed buildings in many cities have become tombs for people who had been asleep when the quake hit. KAHRAMANMARAS/ANTAKYA, Turkey: President Tayyip Erdogan on Wednesday admitted there were...
by AIP Online Bureau | Feb 9, 2023 | Health, International News
New research highlights the vast economic and political power of the big formula milk companies, as well as serious public policy failures that prevent millions of women from breastfeeding their children,” said Nigel Rollins, one of the authors of a series on the $55...