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IRDAI looks for M&A consultants, Insurance industry to see M&A deals and new entrants

by AIP Online Bureau | Sep 18, 2022 | Indian News, Life, Non-Life, Policy, Regulation

”The sector, like others, has witnessed some merger and acquisitions in the past and will continue to witness them and newer opportunities will emerge in the future. Players with sound underwriting practices, strong financials and right management practices will...

Super typhoon Nanmadol bears down on Japan’s Kyushu island

by AIP Online Bureau | Sep 18, 2022 | Disaster & Management, International News, Non-Life, Reinsurance

Railway operators and airlines have cancelled services and convenience store chain Seven-Eleven Japan temporarily shut around 950 stores. Toyota Motor Corp said it will idle production at three factories on Monday Typhoon Nanmadol bore down on Japan’s...

Climate change, salinity and menstrual health problems: Sundarbans women battle triple whammy

by AIP Online Bureau | Sep 18, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

“With agriculture becoming unviable due to the increase in salinity of the water because of sea level rise, more and more women are becoming dependent on fishing. This means their exposure to saline water is also increasing,” said Nihar Ranjan Raptan,...
AM Best affirms credit ratings of New India Assurance

AM Best affirms credit ratings of New India Assurance

by AIP Online Bureau | Sep 18, 2022 | Indian News, Non-Life, Reinsurance

AM Best views New India’s business profile as favourable given its market-leading position as the largest non-life insurer in India by gross premium written overall, as well as in major business lines, including health, marine, and fire The company’s underwriting...

Post-pandemic, 30% more cancer patients treated at Mumbai’s TMC

by AIP Online Bureau | Sep 18, 2022 | Health, Indian News, Non-Life

“We are treating 30 per cent more patients. This means that 30 per cent of patients were not treated during the pandemic and they are now coming back. Some of them are not greatly advanced, but some of them are,” said TMC Director Dr Rajendra Badwe Mumbai:...
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