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Title Insurance fails to pick up due to high cost 

by AIP Online Bureau | Feb 27, 2019 | Indian News, Non-Life, Regulation, Reinsurance

  Mumbai: Despite being made mandatory for the real estate projects, paractically there have been sales of “Title Insurance’, that would protect the promoters of the real estate projects in the country against many risks, because of high pricing and...

Zurich’s new acquisition accelerates its delivery of innovative solutions

by AIP Online Bureau | Feb 26, 2019 | International News, Non-Life, Technology

  SCHAUMBURG: Zurich North America1 today announced it has acquired 100 percent ownership of Sea Pine Technologies, a company specializing in innovative digital applications for the marketing of vehicle protection products. Zurich is a top provider of automotive...

Pool Re issues £75 million terrorism reinsurance bond

by AIP Online Bureau | Feb 26, 2019 | International News, Non-Life, Reinsurance

  London: Britain’s Pool Re, which helps insurers pay out claims on property damage caused by terror or militant attacks, said on Tuesday it had placed a £75 million bond in the capital markets to cover insured losses from such attacks.   The...

Association of British Insurers warns on no-deal Brexit hit

by AIP Online Bureau | Feb 26, 2019 | Eco/Invest/Demography, International News, Policy

   London: The Association of British Insurers warned on Monday that if Britain leaves the European Union without a deal it could cause long-lasting damage to the UK insurance industry.   A no-deal Brexit could result in British insurers having to hold...

True North acquires 51 % in Max Bupa Health Insurance from Max India

by AIP Online Bureau | Feb 26, 2019 | Health, Indian News

  New Delhi: The Board of Max India, today, approved the sale of its 51 per cent  stake in Max Bupa Health Insurance Company (Max Bupa) to the leading Private Equity firm True North for a consideration of Rs. 511 crore .   The all cash...
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