by AIP Online Bureau | Feb 7, 2019 | International News, Reinsurance
Paris: French reinsurer SCOR grew P&C reinsurance premiums by 9.7 per cent at constant exchange rates at the January 2019 renewals, from EUR 2.9 billion to EUR 3.2 billion. Overall risk-adjusted pricing improved 1.3% compared to January 2018....
by AIP Online Bureau | Feb 7, 2019 | Eco/Invest/Demography, Indian News, Life
Mumbai: The first monetary policy meeting under the new governor Shaktikanta Das, the Reserve Bank of India (RBI) in its sixth bi-monthly monetary policy meeting on Thursday cut the repo rate to 6.25 per cent from 6.50 per cent, earlier. Repo rate is the...
by AIP Online Bureau | Feb 7, 2019 | Eco/Invest/Demography, Indian News, Risk Management
Kochi: The Kerala High Court has said banks cannot be absolved of liability for unauthorised withdrawals from their customers' accounts. Justice P B Suresh Kumar also made it clear that banks are liable for unauthorised withdrawals even...
by AIP Online Bureau | Feb 7, 2019 | International News, Life, Non-Life, Reinsurance
Munich: Global reinsurance giant Munich Re said that compared with the previous year, prices of the renewals in January were stable but that the market was expected to improve during the next round in April, which focuses on Japan. Approximately half of...
by AIP Online Bureau | Feb 6, 2019 | Indian News, Non-Life
Mumbai: The New India Assurance(NIA), the market leader in non-life business in India, has seen its a net profit falling by to 54 per cent to Rs 850.31 crores in the first nine months of the FY 2018-19, as against a net profit of Rs 1864 crore...
