by AIP Online Bureau | Jul 17, 2024 | Banking & Bancassurance, Life
LIC has tied-up with IDFC First Bank, under corporate agency arrangement. This tie-up will facilitate more than 1 crore customers of IDFC First Bank who will now be able to buy LIC policies through the bank. The partnership will have a combined strength of a vast...
by AIP Online Bureau | Jul 17, 2024 | International News, Non-Life, Reinsurance, Technology
Christian Dunleavy, Group Chief Underwriting Officer, said: “Technology, and increasingly the potential of AI, is vital to our strategy. Aspen Data Labs will be instrumental in enhancing our decision support systems to bring solutions that improve our operations...
by AIP Online Bureau | Jul 17, 2024 | Eco/Invest/Demography, Features, Non-Life, Reinsurance, Risk Management
The survey results highlight that supply chain risks are top of mind in the C-suite, with 74 percent of business decision makers saying that their responsibility for supply chain or distribution functions has increased over the last year DUBLIN: Aon plc, a leading...
by AIP Online Bureau | Jul 17, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Wealth Management/ Philanthropy
Karen Clark, co-founder and chief executive officer of the Boston-based firm that carries her name, says the cumulative effect of past climate change is an 11% jump in insured losses related to hurricanes. Her firm’s projections to 2050 suggest that climate change...
by AIP Online Bureau | Jul 17, 2024 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance
Allianz said the deal will turn it into the fourth-largest composite insurer in Asia, adding a household name in Singapore that distributes a full range of life and non-life products. Chief Executive Officer Oliver Baete, who is expected to outline new financial...