by AIP Online Bureau | Sep 3, 2025 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
Gallagher Re estimated that the private insurance market and public insurance entities covered at least USD84B38 in losses from natural perils in 2025 HY, increasing from USD61B39 as originally reported for 2024 HY. This represents the costliest H1 for the industry...
by AIP Online Bureau | Jul 1, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
However, ongoing geopolitical uncertainty, including the Iran-Israel conflict, could lead to increased reinsurance costs and further reductions in capacity that could result in insurers further cutting their exposure. The ruling underscores the need for greater...
by AIP Online Bureau | Jun 27, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Pension & Social Security, Wealth Management/ Philanthropy
Sitharaman visited IFSC at GIFT City in Gandhinagar on Thursday and reviewed its progress as an International Finance Services Center Sitharaman exhorted officials to work towards making GIFT IFSC more competitive and cost effective to attract HNI investments in the...
by AIP Online Bureau | Feb 12, 2025 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance
Companies should establish a concentration risk information disclosure mechanism and disclose annual concentration risk management information on their websites before June 15 each year, the regulator said China’s National Financial Regulatory Administration on...
by AIP Online Bureau | Nov 28, 2024 | Indian News, Non-Life, Policy
M Nagaraju, after becoming the DFS secretary, held his first review meeting with the four state owned general insurance companies in New Delhi on Tuesday New Delhi: M. Nagaraju, secretary, Department of Financial Services (DFS), has asked the four state owned general...
