by AIP Online Bureau | Feb 8, 2018 | Indian News
New Delhi: Government seems to be losing no time for kick starting the process to merge the three public sector general insurers- United India Insurance, Oriental Insurance Company and National Insurance company-.as announced by Finance Minister Arun Jaitley in...
by AIP Online Bureau | Feb 8, 2018 | Indian News, Regulation
Mumabi: Six insures including CMD of National Insurance Company (NIC), K Sanath Kumar have been appointed as the Insurance Ombudsmen. K Sanath Kumar, CMD, National Insurance Company Last week a panel headed by the TS Vijayan, chairman, IRDAI had completed the...
by AIP Online Bureau | Feb 8, 2018 | International News
Chicago: World Bank has raised a record USD1.36 billion of earthquake catastrophe bond.The largest ever sovereign risk transfer protects World Bank against natural hazard exposure in four countries The bond, which mitigates balance sheet risk for the...
by AIP Online Bureau | Feb 8, 2018 | International News, Reinsurance
Paris: French reinsurance major SCOR grew P&C reinsurance renewal premiums by 3.7 per cent at constant exchange rates at the January 2018 renewals, from EUR 3.0 billion to EUR 3.1 billion. With reinsurance pricing broadly improving across...
by AIP Online Bureau | Feb 8, 2018 | International News, Reinsurance
Zurich: Swiss Re Ltd. is in preliminary discussions with Japan's SoftBank Group Corp. on a potential minority investment in the Swiss reinsurer, the Zurich-based group said Wednesday. The statement followed a report in the Wall Street Journal that the two...
