by AIP Online Bureau | Sep 3, 2026 | Intermediaries, International News, Non-Life, Reinsurance
The launch comes at a moment of acute market focus on SRCC risk. Insured losses from civil unrest events have risen sharply in recent years, driven by an increasingly volatile geopolitical environment, yet the analytical tools available to the market have not kept...
by AIP Online Bureau | Sep 3, 2026 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Regulation
The scale of the claims is being driven primarily by engineering and construction exposures, highlighting the concentration of insured losses in large infrastructure projects following the August 26 disaster. Kathmandu:Insurance claims arising from the devastating...
by AIP Online Bureau | Sep 3, 2026 | Eco/Invest/Demography, Indian News, Life
the bank’s shareholding in ICICI Life stands at approximately 52.8 per cent. New Delhi: ICICI Bank on Wednesday said it has raised its stake in its life insurance venture by buying a 2 per cent stake from its joint venture partner for a sum of Rs 1,470 crore....
by AIP Online Bureau | Sep 2, 2026 | Eco/Invest/Demography, International News
Costs of insuring projects may also increase as the recent flooding events “are likely to make insurers more cautious and the market for hydropower risks may harden further,” said Benjamin Ng, Asia power leader for Aon The devastating deluge that swept through the...
by AIP Online Bureau | Sep 2, 2026 | Indian News, Non-Life, Reinsurance
Sanjay Lohiya, secretary,DFS advised the PSGICs to strengthen their focus on profitable lines of business and adopt suitable measures to bring down the Incurred Claim Ratio (ICR). New Delhi:Sanjay Lohiya, secretary,Department of Financial Services (DFS), Ministry of...
