by AIP Online Bureau | May 11, 2022 | International News, Non-Life, Reinsurance
The largest claim has been made by AerCap , the world’s biggest aircraft lessor, which has submitted a $3.5 billion insurance claim for more than 100 jets Few can say how the looming battle between lessors and insurers will play out. S&P Global has...
by AIP Online Bureau | May 11, 2022 | Disaster & Management, Indian News, Non-Life
According to the weather office, the cyclone could damage thatched huts, cause minor damage to power and communication lines, harm paddy and other standing crops in Krishna, East and West Godavari, and Vishakhapatnam districts of Andhra Pradesh, and Yanam in...
by AIP Online Bureau | May 11, 2022 | Indian News, Non-Life, Policy
CVO position would also fall vacant in New India Assurance Co and GIC Re shortly New Delhi; The finance ministry has invited applications from eligible candidates for the position of Chief Vigilance Officers (CVOs) in various public sector banks and insurance...
by AIP Online Bureau | May 11, 2022 | Briefs, Regulation
Prakash Kumar, former chief executive officer, GST Network and Venkat Changavalli, management consultant, have been inducted as members in Insurance Advisory Committee of the insurance regulator IRDAI with immediate effect, said IRDAI on...
by AIP Online Bureau | May 10, 2022 | Indian News, Life
Max Life’s assets under management (AUM) were at Rs 1,07,510 crore as on March 31, 2022, a rise of 19 per cent over the previous year Max Financial Services Ltd on Tuesday reported a two-fold jump in consolidated net profit at Rs 144 crore for the last quarter of...
