by AIP Online Bureau | Jan 30, 2020 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance
Insurers in Europe may need to put aside money to protect their policyholders should they become insolvent, and regulators should be able to be shut them down swiftly without the need for taxpayer bailouts, a top EU official said on Wednesday. However...
by AIP Online Bureau | Jan 30, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
Boston: Cat modeling entity AIR has said that so far, mortality associated with the 2019 novel coronavirus is observed particularly among people who are older than 60 years of age, with the mean value of 73 years of age. Furthermore, the case fatality is more...
by AIP Online Bureau | Jan 30, 2020 | Eco/Invest/Demography, Indian News
Hyderabad: A committee under Suresh Mathur, executive director, IRDAI has has proposed various technologically supported solutions which can help in not only increasing microinsurance penetration, real time policy servicing support but also help in...
by AIP Online Bureau | Jan 30, 2020 | Eco/Invest/Demography, Indian News
Hydearbad: Finding fault with two prominent general insurers in the country-ICICI Lombard General Insurance and Tata AIG General Insurance-, IRDAI has penalised both one crore rupees each for violating the insurance regulations. The...
by AIP Online Bureau | Jan 30, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News
BEIJING : Infections from China's coronavirus spread to more than 8,100 people globally on Thursday, surpassing the 2002-2003 SARS epidemic's total in a fast-spreading health crisis forecast to pummel the world's second-largest economy. The vast...