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EU insurance watchdog seeks to avoid Brexit no-deal disruption

by AIP Online Bureau | Feb 20, 2019 | Policy, Reinsurance

  LONDON:  Policies bought by European Union customers from British insurers would still be valid if the UK crashes out of the bloc next month with no deal, the EU’s insurance watchdog said on Tuesday.   The European Insurance and Occupational...

Jean-Paul Conoscente to succeed Victor Peignet as CEO of SCOR Global P&C

by AIP Online Bureau | Feb 20, 2019 | International News, Reinsurance

  Paris: French reinsurer SCOR on Wednesday announced the appointment of Jean-Paul Conoscente, currently CEO of Reinsurance at SCOR Global P&C, as Chief Executive Officer of SCOR Global P&C.    Jean-Paul Conoscente will also join the...

SC holds Anil Ambani guilty in Ericsson’s contempt case, to be jailed if fails to pay Rs 453 cr

by AIP Online Bureau | Feb 20, 2019 | Indian News, Risk Management

  New Delhi: The Supreme Court on Wednesday held Reliance Communication Chairman Anil Ambani and two more directors guilty of contempt of court in a petition filed by Ericsson India against him over non-payment of dues worth over Rs 550 crore.    In its...

IRDA asks insurers to launch standard health insurance covers with no add-ons

by AIP Online Bureau | Feb 20, 2019 | Eco/Invest/Demography, Health, Indian News, Non-Life

  Hyderabad: In a bid to to enable customers to choose an appropriate health insurance coverage of their choice, the insurance regulator IRDAI has asked all general and health insurers to offer the standard individual health insurance product (other than...

How pricing insurance for cars of future could bring Insurers, Carmakers together

by AIP Online Bureau | Feb 20, 2019 | International News, Non-Life, Risk Management, Technology

   Dan Peate, a venture capitalist and entrepreneur in Southern California, was thinking of buying a Tesla Model X a few years ago—until he called his insurance company and found out how much his premiums would rise.   “The quoted me $10,000...
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