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India InsurTech Association and Xceedance join hands to promote insurtech sector in India

by AIP Online Bureau | Apr 8, 2021 | Indian News, Life, Non-Life, Reinsurance

  New Delhi: India InsurTech Association (IIA), a pioneering non-profit industry organization, and Xceedance, a global provider of insurance consulting, managed services, and technology, today formalized a principal sponsorship agreement to catalyse the insurtech...

Indian PM rejects calls to widen vaccine access as infections hit record

by AIP Online Bureau | Apr 8, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic

  New Delhi: Indian Prime Minister Narendra Modi on Thursday rejected calls from states to offer coronavirus vaccinations to younger people to help contain a record surge in cases. Many states in India, the world's biggest vaccine producer, which has exported...

WHO rejects SII’s proposal seeking extension of Covishield’s shelf life from 6 to 9 months

by AIP Online Bureau | Apr 8, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic

  New Delhi: WHO rejects SII's proposal seeking extension of Covishield's shelf life from 6 to 9 monthsThe WHO has rejected Serum Institute of India's proposal seeking extension of the shelf life of Oxford-AstraZeneca COVID-19 vaccine, Covishield,...

Reinsurers set to bear brunt of costs for Suez Canal grounding

by AIP Online Bureau | Apr 8, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

  LONDON:  Reinsurers are set to foot most of the bill for the grounding of the ship that halted traffic in the Suez Canal, industry sources said, with payouts expected to run into hundreds of millions of dollars. International supply chains were thrown into...

Australia regulator proposes exposure limits of life insurers to offshore reinsurers

by AIP Online Bureau | Apr 8, 2021 | International News, Life, Reinsurance, Risk Management

  Australia’s insurance regulator on Thursday proposed to limit the exposure of life insurers to offshore reinsurers, given its lack of oversight of foreign players. The Australian Prudential Regulation Authority (APRA) said it was starting a consultation...
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