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Life insurers’ Q1 new business premium collections decline 0.9 pc: Report

by AIP Online Bureau | Jul 12, 2023 | Data, Life

Among total collections in the first quarter, private players grew 10.6 per cent to Rs 28,167.7 crore year-on-year from Rs 25,473.5 crore, when it grew by 48.8 per cent Mumbai: Life insurers collectively witnessed a 0.9 per cent decline in the first quarter new...

by AIP Online Bureau | Jul 12, 2023 | Workplace/Employee Benefits

Raging Yamuna swells to record level in Delhi

by AIP Online Bureau | Jul 12, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Risk Management

New Delhi: The Yamuna in Delhi swelled to 207.55 metres on Wednesday, breaching its all-time record of 207.49 metres set in 1978, government agencies said on Wednesday. According to the Central Water Commission’s (CWC) flood-monitoring portal, the water level at...
Cost-of-living crisis fuels political turmoil, according to WTW political risk index

Cost-of-living crisis fuels political turmoil, according to WTW political risk index

by AIP Online Bureau | Jul 12, 2023 | Eco/Invest/Demography, International News, Risk Management

Evan Freely, Global Head of Financial Solutions, WTW, said, “The international community continues to grapple with the cost-of-living crises and its wide consequences.This report indicates that rising prices, particularly in food and energy, often result in a...
AXA weighs offloading $2 bln reinsurance arm to cut disaster risk – sources

AXA weighs offloading $2 bln reinsurance arm to cut disaster risk – sources

by AIP Online Bureau | Jul 12, 2023 | International News, Non-Life, Reinsurance

French insurer AXA SA has been discussing strategic options for its XL Re unit, including a possible private sale or stock market listing, said the people, who spoke on condition of anonymity Paris: One of the world’s top insurers is mulling offloading its property...
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