by AIP Online Bureau | Apr 28, 2022 | Health, Indian News, Non-Life, Regulation
”All risk factors per unit of coverage such as individual, family, group floater, etc, should be separately analysed and priced,” it said. Further, pricing should be based on sound actuarial principles, supporting data considering all the relevant aspects...
by AIP Online Bureau | Apr 28, 2022 | Eco/Invest/Demography, Facts, Workplace/Employee Benefits
In terms of destinations, the survey found that almost 50 per cent of Indians were considering travel to Asia Pacific destinations, with Australia, Thailand and Indonesia topping the chart as the most searched destinations As COVID-19 related international border...
by AIP Online Bureau | Apr 28, 2022 | Articles, Eco/Invest/Demography, Non-Life, Policy, Reinsurance
Jerome Haegeli,Swiss Re Group chief economist Stagflation is fully back on the radar and we now need to be particularly disciplined. 2022 will be a challenging year for insurers with both sides of the balance sheet under pressure” Swiss Re Group chief economist...
by AIP Online Bureau | Apr 28, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology
In 2021, there were 421.5 mil. attempted ransomware attacks in the U.S. and 623.3 mil. globally, up 98% and 105% YoY, respectively, according to a March 2022 report from the Senate Committee on Homeland Security and Governmental Affairs. Ransom payments are also...
by AIP Online Bureau | Apr 28, 2022 | Health, Indian News, Non-Life
Bajaj Allianz General Insurance CEO Tapan Singhel It may be only company in the industry, as all the general insurers are yet to announce their FYQ4 2021-22 results, which, at 98.3 per cent, has a combined ratio below 100% in Q4 FY22 as compared to 96.6% in Q4 FY21...
