by AIP Online Bureau | Feb 27, 2019 | Banking & Bancassurance, Indian News, Risk Management
Mumbai: The State Bank Group has said as much as Rs 7,951.29 crore involving 1,885 cases of fraudulent activities have come to light during the first nine months of the current fiscal year. In an RTI reply, the nation's largest lender said, the first...
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...
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...
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...
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...
