by AIP Online Bureau | Sep 11, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Girija Subramanian, CMD, New India Assurance Till July 2025, 12 insurance companies have issued around 1,600 ISBs as ‘Bid Security’ and 207 ISBs as ‘Performance Security’ valued at around Rs 10,369 crores for NHAI contracts While the Indian general insurance industry...
by AIP Online Bureau | Sep 4, 2025 | Health, Indian News, Life
Shares of Star Health and Allied Insurance Company skyrocketed 9.35 per cent, Niva Bupa Health Insurance Company zoomed 9 per cent, ICICI Prudential Life Insurance Company jumped 5.70 per cent, ICICI Lombard General Insurance Company rallied 5 per cent, Life Insurance...
by AIP Online Bureau | Sep 2, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
The 2025 Global Modeled Catastrophe Losses Report notes a $32 billion increase in non-crop global modeled insured AAL over 2024, which reflects the upward trend in catastrophe losses experienced on a global scale. Over the past five years, insured losses have averaged...
by AIP Online Bureau | Sep 1, 2025 | Health, Indian News, Intermediaries
Niva Bupa Health Insurance on Monday said it has suspended the cashless treatment facility at Max Hospitals across India. Bhabhtosh Mishra, Director and COO of Niva Bupa Health Insurance, said the company’s agreement with Max expired in May 2025. Talks over premium...
by AIP Online Bureau | Aug 27, 2025 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
ShakeNet Parametric reduces basis risk for parametric re/insurance policies, better aligning payout with actual losses. The scalable nature of Safehub’s technology allows for rapid and dense deployment of sensors, enabling risk transfer solutions even in...
