by AIP Online Bureau | Jul 18, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
“It is currently on pause,” said David Roe, head of UK cargo at Marsh, which acted as the facility’s broker LONDON: A cargo insurance facility providing cover for Ukraine grain shipments via a safe sea corridor has been suspended after Russia quit...
by AIP Online Bureau | Jul 18, 2023 | Briefs, Eco/Invest/Demography, Health, Non-Life, Regulation
Chennai based Cholamandalam MS Insurance has been appointed lead insurer for West Bengal by the IRDAI. In this role, the general insurer will focus on various aspects of health protection, coverage against natural calamities, increasing employment opportunities for...
by AIP Online Bureau | Jul 18, 2023 | Indian News, Life
Anup Bagchi, managing director & chief executive who assumed office mid-June, attributed the performance to the customer-centric approach and said the company will continue to focus on growing the absolute VNB Mumbai: Backed by robust investment income, ICICI...
by AIP Online Bureau | Jul 18, 2023 | Indian News, Non-Life, Reinsurance
Bhargav Dasgupta, MD & CEO, ICICI Lombard General Insurance The combined ratio, a key profitability metric, improved to 103.8 per cent in the reporting quarter compared to 104.1 per cent in Q1 FY23 Bhargav Dasgupta, MD & CEO, ICICI Lombard General Insurance,...
by AIP Online Bureau | Jul 18, 2023 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
For all perils, the US accounted for 76% of all global insured losses. Thunderstorms in Europe during June also brought a billion-dollar insurance bill to parts of Germany and France “Governments and private organizations are accelerating their investments to help...
