by AIP Online Bureau | Jul 3, 2021 | International News, Non-Life, Reinsurance
London: Reinsurance rate increases continued for most major lines and territories during the 1.6 and 1.7 renewal period; however, in many cases reinsurers had to accept firm order terms below their initial quotes. That indicates that the market is approaching...
by AIP Online Bureau | Jul 3, 2021 | Eco/Invest/Demography, International News, Life, Pension & Social Security
OLDWICK, N.J: The private equity industry has significantly increased its exposure in the life/annuity (L/A) insurance industry over the last decade, with private equity-owned or sponsored insurers’ admitted assets growing to $604.1 billion in 2020 from...
by AIP Online Bureau | Jul 3, 2021 | Uncategorized
New Delhi: Facebook ''actioned'' over 30 million content pieces across 10 violation categories during May 15-June 15 in the country, the social media giant said in its maiden monthly compliance report as mandated by the IT rules. Instagram took action...
by AIP Online Bureau | Jul 3, 2021 | Eco/Invest/Demography, International News, Risk Management, Technology
Didi Global Inc. tumbled Friday after China said it’s starting a cybersecurity review of the ride-hailing company just two days after it pulled off one of the biggest U.S. stock market debuts of the past decade. The move is to prevent data security risks,...
by AIP Online Bureau | Jul 3, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance
London: A recent poll by GlobalData has revealed that the reputation of the insurance industry globally has taken a hit due to its response to the COVID-19 pandemic. The poll found that almost a third (29%) of respondents felt that their opinions on global...
