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MARSH increases stake in MARSH India to  49%

by AIP Online Bureau | Mar 12, 2019 | Indian News, Intermediaries

  Mumbai: Marsh, a global leader in insurance broking and innovative risk management solutions and a wholly-owned subsidiary of Marsh & McLennan Companies, today announced that it has increased its shareholding in Marsh India from 26% to 49%, the maximum...

China Re launches renewable energy consortium for offshore windfarm risks

by AIP Online Bureau | Mar 12, 2019 | International News, Non-Life, Reinsurance, Technology

   London: China Re Corporation (“China Re”) today announces the launch of a renewable energy consortium at Lloyd’s, focused on project specific reinsurance for the construction and operation of offshore wind farms in mainland China. China...

Insurers face large claims after second Boeing 737 MAX crash

by AIP Online Bureau | Mar 12, 2019 | International News, Non-Life, Reinsurance

  London: Boeing Co’s insurers face big claims from families of the victims of the Ethiopian Airlines crash, coming less than six months after the crash of the same type of Boeing aircraft in Indonesia, insurance and aviation sources said.   An...

Standardisation of rates and procedures of healthcare providers necessary:Khuntia

by AIP Online Bureau | Mar 11, 2019 | Health, Indian News, Non-Life

S C Khuntia, Chairman, IRDAI NEW DELHI: Subhash Chandra Khuntia, Chairman, IRDAI,today urged health insurance companies and healthcare providers to upgrade their standards and adopt ethical practices to provide access, equity and quality services to the...

Bharti AXA Life Insurance hires 10,000 insurance advisors and sets up 50 new branches across India

by AIP Online Bureau | Mar 11, 2019 | Indian News, Intermediaries, Life

Mumbai: Bharti AXA Life Insurance, a joint venture between Bharti Enterprises, and AXA, today announced that the company has hired 10,000 insurance advisors and set up 50 new branches across India in the current financial year.   The aggressive expansion drive is...
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