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Aon and Guy Carpenter partner with The Institutes RiskStream, to streamline the reinsurance placement process

by AIP Online Bureau | May 17, 2019 | International News, Reinsurance, Risk Management, Technology

  London:  The Reinsurance Solutions business of Aon plc, and Guy Carpenter, a subsidiary of Marsh & McLennan Companies, have announce a joint effort with The Institutes RiskStream™ Collaborative to bring greater efficiency to the reinsurance...

Ping An ranks 7th on Forbes’ ‘Global 2000’ List

by AIP Online Bureau | May 17, 2019 | Eco/Invest/Demography, International News, Non-Life

SHANGHAI and HONG KONG: On 15 May 2019, Forbes magazine released its "Global 2000" rankings for listed companies. Benefitting from steady growth in operating income, profit, assets and market capitalization, Ping An has moved up to 7th position in the 2018...

IRDAI unveils norms on exclusions in health covers, new products from 1st April, 2020

by AIP Online Bureau | May 17, 2019 | Health, Indian News, Non-Life, Regulation, Technology

  Hyderabad: In a bid to rationalise and standardise the exclusions in health Insurance covers IRDAI on Thursday has proposed  a new set of norms for all the health insurance products excluding personal accident, domestic and overseas travel policies. All...

Commercial insurance prices up 3% globally, 1.1% in U.S. in Q1: Marsh

by AIP Online Bureau | May 16, 2019 | International News, Non-Life

   Average global commercial insurance prices increased 3 per cent in the first quarter of2019, according to broker Marsh.   This represents the sixth consecutive quarter of average commercial insurance pricing increases, Marsh said in its Global...

Advisory firms urge ‘No’ vote on AIG execs’ pay packages

by AIP Online Bureau | May 16, 2019 | Eco/Invest/Demography, International News, Non-Life

American International Group Inc. shareholders should vote against compensation packages for top executives at the insurer’s annual meeting next week, according to two advisory firms that hold sway over investor votes.   Institutional Shareholder Services...
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