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ManipalCigna Health Insurance launches online calculator

by AIP Online Bureau | Aug 16, 2022 | Briefs, Health

ManipalCigna Health Insurance today announced the launch of ‘ManipalCigna Sahi Cover, Discover, a uniquely designed online calculator which is tailored to help people choose the right health insurance coverage for their needs. Sapna Desai, head of marketing and...
LIC launches special campaign to revive lapsed policies

LIC launches special campaign to revive lapsed policies

by AIP Online Bureau | Aug 16, 2022 | Indian News, Life

All policies except ULIP (Unit linked Insurance Plan) can be revived within 5 years from date of the first unpaid premium subject to policy conditions, LIC said in a statement Mumbai: Insurance behemoth Life Insurance Corporation of India (LIC) on Tuesday announced...

Andrew Hare appointed as managing director, APAC at RMS

by AIP Online Bureau | Aug 16, 2022 | International News, Non-Life, Reinsurance

Hare said, “Climate change and natural catastrophes, such as flood, fire, earthquake, and typhoon, continue to wreak havoc on the Asia-Pacific region. Following the devastating effects of the Covid-19 outbreak as well as chronic supply-chain disruptions, heightened...

Global reinsurers shift their business mix into casualty & specialty primary lines for price comfort

by AIP Online Bureau | Aug 16, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Even with rate increases, most reinsurers view current pricing on property catastrophe risks still not high enough to compensate for the ongoing level of uncertainty, whereas casualty and specialty primary lines are more attractive as they comparatively generate more...

Scope of EU ban on Russian coal and fertilizers jolts insurers

by AIP Online Bureau | Aug 16, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

“The prohibition relating to coal and to certain fertilizers refers both to the “purchase” and the “transfer” of these goods, irrespective of final destination,” Arianna Podesta, a European Commission spokeswoman, told Bloomberg in an email. Those sanctions extend to...
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