by AIP Online Bureau | May 27, 2024 | Workplace/Employee Benefits
In all, the global premium pool is set to increase by almost EUR5trn.Most of this growth will be in the life segment (EUR1.887bn) with Asia ( Japan) remaining the growth engine for global life business (+7.3% p.a.). The region should account for half of absolute...
by AIP Online Bureau | May 27, 2024 | Indian News, Life
“During the last year, we have focused on directional changes in our product mix and enhancing margins in the business. We have more than doubled our share of non-par business within our Individual business. Now we intend to focus our strategic interventions to...
by AIP Online Bureau | May 27, 2024 | Indian News, Intermediaries, Non-Life, Regulation, Reinsurance, Technology
Debasish Panda,chairman, IRDAI At the recently concluded Bima Vitarak Manthan, Debasish Panda, chairman, IRDAI emphasized on creating an insurance ecosystem which is highly sensitive to the needs of the policyholders propelling towards “Zero Friction, Zero Pain-points...
by AIP Online Bureau | May 27, 2024 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Scenes of widespread devastation were evident across West Bengal’s coastal areas, with extensive damage to infrastructure and property, a day after Cyclone Remal tore through the coasts of Bangladesh and West Bengal with winds reaching speeds of 135 km per hour...
by AIP Online Bureau | May 27, 2024 | International News, Non-Life, Reinsurance
Promising thought-provoking discussions, SIRC 2024 will delve into the diverse trajectories required to reshape itself to be climate resilient while looking at the transformative possibilities of artificial intelligence (AI) automation and its pros and cons for the...
