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French reinsurer SCOR reports 62% rise in net profit during 2nd quarter

by AIP Online Bureau | Jul 25, 2019 | International News, Reinsurance

PARIS: French reinsurer SCOR, which was the target of a failed takeover attempt last year, said its net profit for the second quarter rose 62% from the same period a year ago, helping the company meet financial targets it set three years ago.   Net profit rose to...

InsurTech investment buoyant in Q2, 2019:Willis Towers Watson

by AIP Online Bureau | Jul 25, 2019 | International News, Life, Non-Life, Technology

  London: InsurTech investment worldwide continued at high levels during the second quarter of 2019, marking the fourth consecutive quarter during which total new funding commitments exceeded $1.2 billion, according to the new Quarterly InsurTech Briefing from...

Insurance subsidiaries of DHFL are in a comfortable position:IRDAI

by AIP Online Bureau | Jul 25, 2019 | Indian News, Life, Non-Life

  Mumbai: The insurance subsidiaries of financially battered Dewan Housing Finance (DHFL)- DHFL Pramerica Life and DHFL General Insurance- don’t have any risks in continuing their ongoing business, said Subhash C Khuntia, Chairman of Insurance Regulatory...

Harnessing India’s Youth Power:Running out of time

by AIP Online Bureau | Jul 25, 2019 | Blog, Eco/Invest/Demography

  India, which is home to more young people than any other country, is running out of time to harness the potential of its youth to drive economic growth.   Growing old The nation’s population in the under-19 age group has already peaked, government...

Natural disasters cause a $73bn global economic loss,Insurance payouts totalled around $20bn in 1H 2019

by AIP Online Bureau | Jul 24, 2019 | Disaster & Management, Eco/Invest/Demography, International News

                                CHICAGO: Impact Forecasting, the catastrophe model development team of Aon’s Reinsurance Solutions business, today launched its Global...
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