by AIP Online Bureau | Oct 22, 2018 | Climate, Environment, Renewable Energy, International News, Reinsurance
MUMBAI: India’s overall level of insurance penetration (total insurance premiums as a percentage of GDP) has seen a slight increase of 0.2 per ent since 2012 but it continues to have one of the highest underinsurance levels globally...
by AIP Online Bureau | Oct 19, 2018 | Indian News
Amritsar: In a tragic accident, at least 50 people died and many got injured when a train run over them while they were celebrating Dussehra. The accident happened near Joda Phatak area of Amritsar a short while ago. A large number of people were...
by AIP Online Bureau | Oct 19, 2018 | International News, Reinsurance
London: RMS, a global risk modeling and analytics firm, has estimated that the insured loss from Hurricane Michael will be between $6.8 and $10 billion. This estimate represents insured losses associated with wind and storm surge damage across Florida, Georgia,...
by AIP Online Bureau | Oct 18, 2018 | International News, Reinsurance
Munich: Munich Re has nominated former CEO Nikolaus von Bomhard, 62,as new chairman of the supervisory board to succeed Bernd Pischetsrieder. Bomhard was a member of the Board of Management of Munich Re from January 2000 to April 2017, and took over as...
by AIP Online Bureau | Oct 18, 2018 | International News
New Delhi: Flexible working could contribute $376 billion annually to the Indian economy by 2030 as shared office space helps corporates to save cost and boost employee productivity, says a study. The study, commissioned by global workspace provider...
