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SCOR and AXA jointly to launch Lloyd’s consortium for ecological restoration insurance

SCOR and AXA jointly to launch Lloyd’s consortium for ecological restoration insurance

by AIP Online Bureau | Jan 21, 2026 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Jean-Paul Conoscente, CEO of SCOR P&C, commented: “Restore enhances the likelihood of successful completion for ecological restoration projects and provides greater project confidence. By partnering with AXA, we can scale our impact and help address one of the...
Korean Re launches operations in India’s GIFT City

Korean Re launches operations in India’s GIFT City

by AIP Online Bureau | Jan 20, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

JG Won, President & CEO, Korean Re, announcing the launch of company’s operations in India’s GIFT City in Mumbai on Tuesday “We will officially commence operations in GIFT City from April 2026. India is a high growth and long term market for us....
Severe convective storms: Costliest insured global peril in 21st century, says Aon Report

Severe convective storms: Costliest insured global peril in 21st century, says Aon Report

by AIP Online Bureau | Jan 20, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

“This year’s report highlights the growing need for collaboration among organizations, insurers, governments and communities.The insurance industry is well-positioned to act as a strategic partner to help navigate these challenges, bringing record levels...
AM Best revises global reinsurance outlook to Stable from Positive, notes accelerated softening in Property pricing

AM Best revises global reinsurance outlook to Stable from Positive, notes accelerated softening in Property pricing

by AIP Online Bureau | Jan 20, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Although competitive conditions have increased in property catastrophe covers, reinsurers remain disciplined with terms and conditions and attachment points largely intact London: International rating agency AM Best has revised its outlook for the global reinsurance...
IFSCA developing regulations for issuing Cat Bonds in GIFT-IFSC

IFSCA developing regulations for issuing Cat Bonds in GIFT-IFSC

by AIP Online Bureau | Jan 19, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

(Lto R)Deepak Sood, member(Non-Life), Ajay Seth, chairman, IRDAI, Hasmukh Adhia,chairman, GIFT-City,K Rajaraman, chairman, International Financial Services Centres Authority(IFSCA),M Nagaraju, Secretary, Department of Financial Services and Mahipal Reddy, executive...
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