by AIP Online Bureau | Sep 29, 2020 | Indian News, Non-Life
Kolkata: Kolkata based state- owned National Insurance Company(NIC) has made a net loss of Rs. 4108 crores in 2019-20. The losses for the third year in a row can be mainly attributed to high claims ratio in our major portfolios like Motor,...
by AIP Online Bureau | Sep 29, 2020 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
London: Aon plc today announced the launch of its ILS Annual Report 2020, which analyses the key trends observed in the insurance-linked securities (ILS) sector during the 12-month period to June 30, 2020. The report, Alternative Capital: Growth Potential...
by AIP Online Bureau | Sep 29, 2020 | Uncategorized
New Delhi: One in 15 individuals aged 10 years and above were estimated to be exposed to SARS-CoV2 by August 2020, showing that a considerable population is still susceptible to Covid-19, according to the ICMR's second sero-survey findings released on Tuesday....
by AIP Online Bureau | Sep 29, 2020 | Eco/Invest/Demography, Indian News, Life, Policy
New Delhi: India is planning to seek cabinet’s approval to sell 25% stake in the nation’s largest life insurer, people with knowledge of the matter said, as Prime Minister Narendra Modi seeks resources to plug a widening budget gap. The government plans to...
by AIP Online Bureau | Sep 29, 2020 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance
European governments will pay claims above an agreed limit against AstraZeneca over side-effects from its potential COVID-19 vaccine, under different terms to a deal struck with Sanofi, an EU official told Reuters. The deals reflect different strategies by two...