by AIP Online Bureau | Feb 24, 2022 | Indian News, Non-Life, Reinsurance, Risk Management
India’s mortality protection gap is 83 per cent and 72 per cent of the households underestimate the need for protection. Digitalization will allow insurers to rethink their approach in pricing, distribution, and managing the value chain, said Hadi Riachi,CEO,...
by AIP Online Bureau | Feb 24, 2022 | Banking & Bancassurance, Indian News, Non-Life, Regulation, Reinsurance
TL Almelu, member, Non-Life, Irdai ”A huge market is available for surety bonds in-country and now, the onus is on the insurance fraternity to come out with products quickly. We have already initiated at authority level discussions with the insurance agencies...
by AIP Online Bureau | Feb 24, 2022 | Eco/Invest/Demography, Indian News, Risk Management
“It was a big surprise for the world market as it was not anticipating a war. It was expecting a diplomatic meet between Biden and Putin. Markets around the globe plunged deep in red as the Ukraine crisis intensified with Russia’s invasion into Eastern...
by AIP Online Bureau | Feb 24, 2022 | Eco/Invest/Demography, International News, Policy, Risk Management
Stocks have tumbled in anticipation of higher rates and a potential downturn. Market benchmarks in Europe and Asia fell by as much as 4% on Thursday, while Wall Street futures retreated by an unusually wide daily margin of 2.5%. Financial markets could grow even more...
by AIP Online Bureau | Feb 24, 2022 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Pandemic, Reinsurance, Risk Management
Organisations with better ability to tolerate risk, and with well-articulated submissions to the market, will have the competitive edge when it comes to accessing insurance coverage, said the report Cyber Threat: Insurance premiums and retentions increased sharply...
