by AIP Online Bureau | May 10, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance, Risk Management
London, May 10: When much of the global economy locked down last year, insurers, facing estimated losses of more than $100 billion globally, reached straight for their red pens to strike pandemic cover from all new business policies. Denis Kessler, chairman and...
by AIP Online Bureau | May 10, 2021 | Eco/Invest/Demography, Health, International News, Life, Non-Life, Pandemic
MADRID/LONDON: As its vaccination drive reaches a third of adults and COVID-19 infections ease, Europe is starting to reopen cities and beaches, raising hopes that this summer’s holiday season can be saved before it is too late. Exhilarated Spaniards chanting...
by AIP Online Bureau | May 10, 2021 | Health, Indian News, Life, Non-Life, Pandemic, Regulation
Hyderabad: The insurance rgulator IRDAI has reminded the the insurers that they can't deny, including renewals carona specific covers to any customers, Suresh Mathur, executive director, IRDAI, has written a letter...
by AIP Online Bureau | May 10, 2021 | Health, Indian News, Non-Life
Mumbai: Led by state owned New India Assurance, the gross direct premium written by non-life insurance companies rose by over 22 per cent in April this year to Rs 17,309.54 crore, as per regulatory data. All the 33 insurance companies in the non-life segment...
by AIP Online Bureau | May 10, 2021 | Indian News, Non-Life, Reinsurance
Hyderabad: A two year old Working Group constituted by the insurance regulator IRDAI under T. L. Alamelu, member(Non-life), IRDA has made various recommendations,including two new product structures for Title Insurance. The two new products which are suggested...
