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General insurance industry’s prm rise 16% to Rs 20,423 crore in Oct, pvt sector gains market share by 2%

by AIP Online Bureau | Nov 8, 2022 | Health, Indian News, Non-Life, Reinsurance

The private sector general insurers have further expanded their market share to 51.34 per cent till October-2022 as against 49.24 per cent in the year-ago period. The four PSU general insurers have continued to lose their market share to 33.13 per cent till Oct -2022...
“APAC Cyber markets to become more buyer-friendly as new capacity becomes available and rates continue to stablise”

“APAC Cyber markets to become more buyer-friendly as new capacity becomes available and rates continue to stablise”

by AIP Online Bureau | Nov 8, 2022 | Intermediaries, Interviews, Non-Life, Risk Management, Technology

In an exclusive interview with Asia Insurance Post, Adam Peckman, Head of Cyber Solutions – Asia Pacific and Global Head of Cyber Risk Consulting – Cyber Solutions, Aon,speaks about the emerging trends in APAC Cyber Insurance markets What is the size of Cyber market...

Strained Cities: India’s predicted urban boom

by AIP Online Bureau | Nov 8, 2022 | Articles, Eco/Invest/Demography

Natural catastrophes are forecast to cause more and more misery for India’s cities as the planet’s climate warms and makes weather more volatile India is projected to see an explosion in its urban population in the coming decades, but its cities already cannot cope...

Australian insurer Medibank’ hacking appears to be far larger than initially suspected

by AIP Online Bureau | Nov 8, 2022 | Eco/Invest/Demography, International News, Non-Life, Technology

“Based on the extensive advice we have received from cybercrime experts we believe there is only a limited chance paying a ransom would ensure the return of our customers’ data and prevent it from being published,” Chief Executive Officer David Koczkar said in the...

China’s super-rich see fortunes plunge as economy slows

by AIP Online Bureau | Nov 8, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy

The Hurun Rich list, which ranks China’s wealthiest people with a minimum net worth of 5 billion yuan ($692 million), said only 1,305 people made the mark this year, down 11% from last year. Their total wealth was $3.5 trillion, down 18% Meanwhile, the number of...
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