by AIP Online Bureau | Nov 25, 2022 | Indian News, Life, Non-Life, Regulation, Technology
(Lto R)Thomas M Devasia, member-Non-Life, IRDAI, B C Patnaik, MD,LIC at 14th Assocham Global Insurance Summit Thomas M Devasia, member-Non-Life, Insurance Regulatory and Development Authority of India said, “We are working on certain broad-based initiatives towards...
by AIP Online Bureau | Nov 24, 2022 | Indian News, Regulation
According to the sources close to the development, both companies have decided to part ways due to the differences on various issues like shareholders agreement, valuation, etc With the collapse of Piramal-Zurich JV, the fate of RGIC’s bidding process is...
by AIP Online Bureau | Nov 24, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
“The change in product mix is clear indicator of our efforts in maintaining our market leadership position. We hope that sooner or later the markets will value our efforts that are making the results that are visible,” said MR Kumar,chairman,LIC Mumbai:...
by AIP Online Bureau | Nov 23, 2022 | Eco/Invest/Demography, International News, Technology, Wealth Management/ Philanthropy
Creditors entangled in the meltdown of FTX, which was once one of the biggest crypto exchanges in the world, include a Frankfurt-based financial institution. It remains unclear just how much money will be generated from the wind-down of FTX, and it’s possible that...
by AIP Online Bureau | Nov 23, 2022 | International News, Non-Life, Reinsurance
Fitch forecasts broadly stable underlying profitability for the global reinsurance sector in 2023, and is maintaining its neutral fundamental sector outlook. Frankfurt/Chicago/London: Reinsurance rates for property catastrophe business should increase by well over 10%...
