by AIP Online Bureau | Jul 10, 2025 | International News, Non-Life, Reinsurance, Risk Management, Technology
The AI-driven proliferation of cyber-attacks also can increase the scale and complexity of attacks. Additionally, the ongoing challenge of ransomware, business email compromise and funds transfer fraud continues to escalate Rating agency AM Best said it is maintaining...
by AIP Online Bureau | Apr 16, 2025 | Eco/Invest/Demography, International News, Risk Management
“Insurance companies have financial exposure to public equities — more so for P/C companies—whose decline will lead to unrealized losses and ultimately, declines in capital.There are 166 P/C insurers that have more than 25% of their assets allocated to...
by AIP Online Bureau | Apr 6, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
As at year-end 2024, the Syndicate consisted of 20 members from across the Africa, Middle East and Asia regions. While unique in its legal structure, the Syndicate operates like a traditional reinsurer, providing capacity and expertise to its members as well as...
by AIP Online Bureau | Jan 16, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Technology
“We expect that India’s non-life premium growth will be bolstered over the medium term by the country’s economic development, rising insurance demand, and regulatory initiatives which are designed to increase insurance penetration and promote financial inclusion,”...
by AIP Online Bureau | Dec 12, 2024 | Indian News, Non-Life, Reinsurance
The ratings reflect NIA’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, favourable business profile and marginal enterprise risk management (ERM) Singapore: In a rating review, international rating...