by AIP Online Bureau | Jan 25, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Will Ho, CEO, MS Amlin Asia Pacific Pte Ltd, said: “ We are also exploring other Singapore-based risk transfer solutions to support global investors, increase insurance capacity in Asia, and help close the region’s insurance protection gap” SINGAPORE: MS Amlin, the...
by AIP Online Bureau | Jan 25, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Fitch also forecasts an improvement in underlying profitability for the global reinsurance sector in 2024 on continued strong underwriting margins and rising investment income, and is maintaining its improving fundamental sector outlook Frankfurt /Chicago: Reinsurers’...
by AIP Online Bureau | Jan 25, 2024 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Regulation, Risk Management
The mission of achieving maximum insurance inclusion received further impetus through deliberations on the progress of the industry under the State Insurance Plan, said the IRDAI on Thursday The broader discussions ventured into crucial areas, such as availability of...
by AIP Online Bureau | Jan 25, 2024 | Intermediaries, International News, Technology
“Over the last year we have been evaluating various businesses and programmes, and as a part of that we’ve made the difficult decision to discontinue the Amazon Insurance Store,” Amazon said in a media statement, adding that customers who bought policies...
by AIP Online Bureau | Jan 25, 2024 | Indian News, Non-Life, Regulation
Accordingly, the IRDAI, in a recent circular, has asked the general insurers to state in the policy documents for commercial lines of business that “The parties to the contract may mutually agree and enter into a separate Arbitration Agreement to settle any and all...
