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AUM Asset Management launches ILS Ocean Fund Investing in ILS

by AIP Online Bureau | Nov 18, 2022 | International News, Non-Life, Reinsurance

The underwriting strategy for The Fund will mirror that of the captive insurance company in which it is invested, Ocean International Reinsurance Co Ltd. (“Ocean RE”), and will take a vertical cut of all lines of business (excluding Life Business),...
Oriental Insurance CMD Anjan Dey puts in his papers on health grounds

Oriental Insurance CMD Anjan Dey puts in his papers on health grounds

by AIP Online Bureau | Nov 17, 2022 | Indian News, Non-Life

Anjan Dey, CMD, Oriental Insurance Company N Ramaswamy,general manager, GIC Re and RR Singh,diretor & general manager,OIC, are two top contenders for the OIC chief post Dey had joined OIC in March 2021 and has tenure till November 2023 It is now expected a lot of...

InsuranceDekho partners with LIC

by AIP Online Bureau | Nov 17, 2022 | Briefs, Intermediaries, Life, Technology

Insurtech InsuranceDekho has partnered with Life Insurance Corporation of India (LIC) to sell the corporation’s products on its platform. Ankit Agrawal, CEO, and Co-founder, InsuranceDekho, said, “We will leverage the best technology, POSP partner practices, and...

Medi Assist acquires majority stakes in UK-based healthcare company Mayfair

by AIP Online Bureau | Nov 17, 2022 | Health, Indian News, Intermediaries

Satish Gidugu, CEO, Medi Assist said,“ With Indian corporates expanding internationally and international travel on the rise, demand for international health insurance is witnessing tremendous growth. With this new alliance, we aim to provide services beyond Indian...
Network of Twitter fake accounts stoked violence in UK

Network of Twitter fake accounts stoked violence in UK

by AIP Online Bureau | Nov 17, 2022 | International News, Risk Management, Technology

An estimated 500 inauthentic accounts that called for violence and promoted memes as well as incendiary videos were created on Twitter Inc. during riots in Leicester between late August and early September this year, according to the Network Contagion Research...
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