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Charles Roxburgh KCB to succeed Carnegie-Brown as chairman of Lloyd’s from May,2025

Charles Roxburgh KCB to succeed Carnegie-Brown as chairman of Lloyd’s from May,2025

by AIP Online Bureau | Sep 19, 2024 | International News, Non-Life, Regulation, Reinsurance

Sir Charles Roxburgh KCB , chairman-designate, Lloyd’s of London “I look forward to working with the Council, with John and the strong executive team, and with the wider Lloyd’s market to guide Lloyd’s to even greater success in the future” Sir Charles...

SBI General partners with BLS E-Services for selling its products

by AIP Online Bureau | Sep 19, 2024 | Briefs, Life

SBI General Insurance has entered into a strategic partnership with BLS E-Services to deliver essential insurance products to a broader range of customers across India. This collaboration is set to expand the insurer’s footprint, particularly in rural and...

Srinivas Rao Ravuri joins Bajaj Allianz Life Insurance as chief investment officer

by AIP Online Bureau | Sep 19, 2024 | Briefs, Life

Bajaj Allianz Life Insurance has appointed Srinivas Rao Ravuri as its Chief Investment Officer (CIO) where he will lead the company’s investment team and manage the portfolio towards optimising its investment performance. Srinivas is a seasoned investment professional...

Historic rainfall inflicts chaotic floods across four continents

by AIP Online Bureau | Sep 19, 2024 | Workplace/Employee Benefits

“There are these fingerprints of climate change in these heavy rainfalls leading to these big floods,” said Hannah Cloke, a professor of hydrology at the University of Reading. “But we have to recognize that people have changed the landscape, made it more likely that...
Central Europe flooding could cause billions in insurance losses, analysts say

Central Europe flooding could cause billions in insurance losses, analysts say

by AIP Online Bureau | Sep 19, 2024 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management, Technology

According to re/insurance broker Gallagher Re’s estimate, insured losses are likely to range between EUR 2.0 – 3.0 billion (USD 2.2 – 3.3 billion) The latest flooding in central Europe could cause economic losses ranging from several hundred million euros to...
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