by AIP Online Bureau | Mar 28, 2024 | Disaster & Management, International News, Policy, Risk Management
Kamal Kishore, UN Assistant Secretary-General with the disaster risk reduction portfolio Kishore brings to the position nearly three decades of experience in disaster risk reduction, climate action and sustainable development at the global, regional, national and...
by AIP Online Bureau | Mar 27, 2024 | Indian News, Life, Non-Life, Reinsurance
D-Slls refer to insurers of such size, market importance, and domestic and global inter connectedness, whose distress or failure would cause a significant dislocation in the domestic financial system Hyderabad: Insurance regulator IRDAI, on Wednesday, said Life...
by AIP Online Bureau | Mar 27, 2024 | Indian News, Life, Non-Life, Regulation
It is also proposed by Hinduja group to raise borrowing for acquisitions of shares of Reliance Capital Ltd , which will also violate the existing regulations, said IRDAI Hyderabad: The Indian insurance regulator IRDAI, as part of its due diligence process,...
by AIP Online Bureau | Mar 27, 2024 | Breaking News!, International News, Non-Life, Reinsurance, Risk Management
Claims could total up to $4 bln, record for shipping disasterInsurance lines affected include property, marine, liabilityInternational Group of P&I marine insurers have reinsurance cover of $3.1 blnAXA lead reinsurer on first layer of IG reinsurance...
by AIP Online Bureau | Mar 27, 2024 | International News, Non-Life, Reinsurance, Risk Management
A key to determining any insurance claims will be proving whether the accident was caused by negligence, and if so by whom, or mechanical failure, according to Bloomberg Intelligence. The ship is insured by the Britannia Protection and Indemnity Club, which is a...