by AIP Online Bureau | Jan 31, 2018 | International News, Reinsurance
Singapore: Swiss Re, the largest reinsurer in the world, has strengthened its presence in Asia with the launch of its regional headquarters, Swiss Re Asia Pte. Ltd. (Swiss Re Asia), in Singapore, and the appointment of a new regional Board of Directors for...
by AIP Online Bureau | Jan 31, 2018 | Indian News, Intermediaries
Mumbai: The insurance regulator IRDAI has doubled the capital requirements for setting up different categories insurance broking companies in the country. The new regulations, which have been unveiled on Wednesday, have specified Rs 75 lakh(earlier...
by AIP Online Bureau | Jan 31, 2018 | Indian News
Mumbai: TS Vijayan, chairman, IRDAI has said the Indian lfe insurance industry has mobilised Rs 6 lakh crore premium and its assets have touched Rs 35 lakh crore in 2017. The Indian life insurance industry recorded a premium income of Rs 418476.62 crore during 2016-17...
by AIP Online Bureau | Jan 31, 2018 | Indian News
New Delhi: A strong earthquake of magnitude 6.1 jolted northern Afghanistan capital Kabul on Wednesday, the US Geological Survey said, with tremors felt as far away as New Delhi and Islamabad. At least one infant was killed and nine of her family members...
by AIP Online Bureau | Jan 30, 2018 | Indian News
Mumbai: SBI General Insurance, a non-life joint venture between State Bank of India(SBI) and Australian insurance major IAG, has recorded a net profit of Rs 359 crore in the quarter ending in Dec 2017, up 1300 percent over the corresponding...