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LIC emerges as the 9th most valuable and 4th strongest global insurance brand in 2022

LIC emerges as the 9th most valuable and 4th strongest global insurance brand in 2022

by AIP Online Bureau | Apr 13, 2022 | International News, Life

In terms of most valuable insurance brand, at $ 11. 1 billion(up 30% from $8.65 billion in 2021), LIC in 2022 has moved one place up in its global ranking to the ninth position from 10th in 2021, However in the global top 10 list which is dominated by Chinese insures(...

Venkatesh Naidu appointed as CEO of Bajaj Capital Insurance Broking

by AIP Online Bureau | Apr 13, 2022 | Briefs, Health, Intermediaries, Life, Non-Life

Bajaj Capital Insurance Broking has announced the appointment of Venkatesh Naidu as its chief executive officer. Venkatesh has over 20 years of experience in working and building renowned insurance organisations in India like Exide Life Insurance, Bharti AXA Life...

SecureNow launches ‘Property & Equipment’ cover for clinics, laboratories & hospitals

by AIP Online Bureau | Apr 13, 2022 | Briefs, Intermediaries, Non-Life

Insurance broke SecureNow has launched the ‘Property & Equipment Insurance for Clinics, Laboratories & Hospitals’. Approximately, it would cost Rs 840 plus taxes annually to insure a building of Rs 100,000 and electronic equipment of Rs 100,000. Through this...

Munich Re Life US to acquire a health information exchange

by AIP Online Bureau | Apr 13, 2022 | International News, Life, Reinsurance, Technology

In line with Munich Re’s digital strategy and commitment to helping our life insurer clients grow their business intelligently, Munich Re’s acquisition of Clareto will enable Munich Re to structure EHRs for optimal use in life insurance underwriting. NEW YORK: Munich...

Tom Bolt appointed as executive vice president and chief risk officer of AIG

by AIP Online Bureau | Apr 13, 2022 | International News, Non-Life

“Over his more than 35 years in insurance and reinsurance, Tom has developed deep underwriting expertise and, since joining AIG in 2018, he has played a critical role in the turnaround of our general insurance business by setting standards for underwriting excellence...
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