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China urges insurers to increase offerings for natural disaster coverage

by AIP Online Bureau | Jul 29, 2021 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

  BEIJING: China’s banking and insurance regulator said on Thursday that it will guide insurers to increase investment in natural disaster insurance and enrich product offerings. It also plans to raise public awareness of risks, to let natural disaster...

Record global InsurTech funding balloons to $4.8 billion in Q2, H1 2021 investment exceeds full-year flow in 2020:Willis Towers Watson

by AIP Online Bureau | Jul 29, 2021 | Eco/Invest/Demography, Health, International News

  LONDON: Global investment in the InsurTech sector reached an emphatic record during H1, 2021, as half-year funding of US$7.4 billion exceeded full-year investment in 2020, and in every other year, according to the new Quarterly InsurTech Briefing from Willis...

Space Activities Bill under consideration to promote private players in sector

by AIP Online Bureau | Jul 29, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Technology

  New Delhi: Union Minister of State (Independent Charge) Science & Technology; Minister of State (Independent Charge) Earth Sciences; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh said that the Space Activities...

Howden acquires Italian independent broker

by AIP Online Bureau | Jul 29, 2021 | Intermediaries, International News, Non-Life

  London: – Howden, the international insurance broker, announced today a further step in the execution of its European strategy with the launch of Howden Italy and the agreement to acquire Italian broker, Andrea Scagliarini SpA (‘Scagliarini’)....

Intensity of severe cyclonic storms increasing in North Indian Ocean region: Study

by AIP Online Bureau | Jul 29, 2021 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life

New Delhi: The intensity of severe cyclonic storms in the North Indian Ocean region has shown an increasing trend in the past four decades, according to a recent study by Indian scientists. The increasing intensity of severe cyclonic storms with major socioeconomic...
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