by AIP Online Bureau | May 25, 2018 | Indian News, Reinsurance
Mumbai: With a record premium income of Rs 41,799.37 crore, up 24.5 per cent, the state-run GIC Re has posted a net profit of Rs 3,233.59 crore, up three per cent, in 2017-18. The Indian insurer, that got listed recently in the Indian bourses with...
by AIP Online Bureau | May 25, 2018 | Uncategorized
London: In an intensely competitive environment, organic growth opportunities are limited and insurers are increasingly turning to merger and acquisition (M&A) activity in their search for profitable expansion, according to a new briefing by A.M. Best. With...
by AIP Online Bureau | May 25, 2018 | International News
Brussels: The European Commission is today proposing to strengthen EU rules on motor insurance to better protect victims of motor vehicle accidents and improve the rights of insurance policyholders. Today's proposal will ensure that victims of motor...
by AIP Online Bureau | May 25, 2018 | International News, Technology
Bermuda: XL Catlin has announced an insurance solution that supports the design, development, testing and implementation of autonomous technology. The company has experience in the field of autonomous technologies. An agreement was signed in 2016 with a...
by AIP Online Bureau | May 25, 2018 | International News, Technology
NEW YORK: EY, Guardtime, A.P. Møller-Maersk, Microsoft and insurance industry leaders Willis Towers Watson, XL Catlin, MS Amlin and ACORD announce members of the marine industry are using Insurwave, a blockchain platform to support marine hull insurance....