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Reinsurance 2024: Better terms & conditions and Profitability

Reinsurance 2024: Better terms & conditions and Profitability

by AIP Online Bureau | Dec 7, 2023 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance

Fitch forecasts an improvement in underlying profitability for the global reinsurance sector in 2024, and is maintaining its improving fundamental sector outlook Robert Mazzuoli, Director, Insurance,Fitch Reinsurance rate increases for property catastrophe business...

7 bacterial cases detected at AIIMS Delhi, no link to surge in respiratory infections in China: Govt

by AIP Online Bureau | Dec 7, 2023 | Eco/Invest/Demography, Health, Indian News, Policy

”It is clarified that these seven cases have no link whatsoever to the recent surge in respiratory infections in children reported from some parts of the world, including China,” the Union health ministry said New Delhi: Seven bacterial cases were detected...
Aditya Birla Health sees relief ahead in mediclaim premium

Aditya Birla Health sees relief ahead in mediclaim premium

by AIP Online Bureau | Dec 7, 2023 | Eco/Invest/Demography, Health, Non-Life, Pandemic

General cost inflation contributed to the premium rise. In the last two years, the average claim amount increased from Rs 45,000 to Rs 65,000, forcing insurers to revise premiums, said Mayank Bathwal, CEO of Aditya Birla Health Insurance Mumbai: Aditya Birla Health...
LIC reclaims Rs 5 lakh cr market cap; stock hits 52-week high

LIC reclaims Rs 5 lakh cr market cap; stock hits 52-week high

by AIP Online Bureau | Dec 7, 2023 | Indian News, Life, Wealth Management/ Philanthropy

”We believe that LIC has a strong marketing agency force, while most focus has been on par policies, the agency team is capable of selling non-par policies as well,” the analyst said Mumbai: The Life Insurance Corporation of India on Thursday reclaimed...
“For those businesses that are proactively investing in cybersecurity measures, we expect prices to remain stable”

“For those businesses that are proactively investing in cybersecurity measures, we expect prices to remain stable”

by AIP Online Bureau | Dec 7, 2023 | Eco/Invest/Demography, Interviews, Non-Life, Reinsurance, Risk Management

In an exclusive interview with Asia Insurance Post, Teck Siong Ng, Underwriter, Cyber & Technology, Beazley speaks about the latest trends in Asia’s cyber insurance market and outlines his company’s strategies to grow its business in the regionEdited...
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