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GIC Re’s Credit Ratings affirmed as “A-” (Excellent) by AM Best

by AIP Online Bureau | Oct 14, 2025 | Briefs, Reinsurance

General Insurance Corporation of India (GIC Re), a leading global reinsurer, has received an affirmation of its Financial Strength Rating (FSR) and Long-Term Issuer Credit Rating (ICR) from AM Best, a globally recognized credit rating agency. AM Best has affirmed GIC...
Susan Panuccio to join Howden as Group Chief Financial Officer

Susan Panuccio to join Howden as Group Chief Financial Officer

by AIP Online Bureau | Oct 14, 2025 | Intermediaries, International News, Non-Life, Reinsurance

Susan Panuccio, Group Chief Financial Officer-designate, Howden Susan will join Howden after more than two decades with News Corp, having spent the last eight years as Chief Financial Officer and as a core part of the leadership team that...
Marsh McLennan and its businesses will brand as Marsh

Marsh McLennan and its businesses will brand as Marsh

by AIP Online Bureau | Oct 14, 2025 | Intermediaries, International News, Life, Non-Life

Creates a new unit, Business and Client Services (BCS), to accelerate innovation and centralize investments in operational excellence, data, AI and analytics NEW YORK: Marsh McLennan, the largest multinational re/insurance broker, today announced that it will change...
GIFT City rises in GFCI rankings, reflecting India’s momentum as a global financial hub

GIFT City rises in GFCI rankings, reflecting India’s momentum as a global financial hub

by AIP Online Bureau | Oct 14, 2025 | Eco/Invest/Demography, Indian News, Regulation, Technology

GIFT City’s overall rating improved, underscoring increasing confidence among global investors and institutions in India’s emerging international financial ecosystem. It also made a significant gain in the FinTech Index, where it rose five positions from...
ICICI Pru Life’s net profit dips to Rs 295.8 crore in Q2FY26

ICICI Pru Life’s net profit dips to Rs 295.8 crore in Q2FY26

by AIP Online Bureau | Oct 14, 2025 | Indian News, Life

The life insurer’s Value of New Business (VNB) improved marginally by 1 per cent to Rs 592 crore, compared to Rs 586 crore in Q2 FY25, while the VNB margin expanded to 24.4 per cent from 23.4 per cent, indicating better profitability in new business Mumbai:...
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