by AIP Online Bureau | Jul 1, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
However, ongoing geopolitical uncertainty, including the Iran-Israel conflict, could lead to increased reinsurance costs and further reductions in capacity that could result in insurers further cutting their exposure. The ruling underscores the need for greater...
by AIP Online Bureau | Jul 1, 2025 | International News, Non-Life, Reinsurance, Risk Management
Ramaswamy Narayanan, CMD, GIC Re Ramaswamy Narayanan, GIC Re chairman and managing director, said: “We are pleased to commence this partnership with Asta as we consider they are best-placed to help deliver the group’s strategy through managing our fully-aligned...
by AIP Online Bureau | Jul 1, 2025 | Disaster & Management, Indian News
“The state government will talk to the company management that Rs 1 crore each compensation will be paid to the deceased families. I have issued orders that from both the government side and company side Rs 1 Crore compensation will be paid,” Telangana Chief Minister...
by AIP Online Bureau | Jul 1, 2025 | Indian News, Life, Non-Life
For insurance sector appointment, Usha Sangwan, former Managing Director, LIC, A.V. Girija Kumar, former Chairman and Managing Director, Oriental Insurance Company Ltd and Sujay Banarji, former whole-time member (distribution), IRDAI, too have been given extension as...
by AIP Online Bureau | Jul 1, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology
M Nagaraju, Secretary,Department of Financial Services “Secretary directed private sector banks to increase their participation in implementation of govt schemes. He stressed upon fast settlement of the claims under Jansuraksha schemes, augmentation of banking...
