by AIP Online Bureau | Apr 9, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
In Asia, insurance capacity from Asian-based insurers remains very strong. Over the last two years, some insurers have set up new and expanded capacity in the region due to market profitability in the downstream sector. This is coupled by an increased demand from...
by AIP Online Bureau | Apr 4, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
Thomas Blunck, CEO, Reinsurance, Munich Re: “As digitalization advances, cyber protection against one of the biggest threats to economy and society is becoming more and more important. And yet, a large number of organizations lack adequate safeguards and coverage....
by AIP Online Bureau | Apr 1, 2025 | Health, Indian News, Life, Non-Life
LIC is reportedly in the final stages of acquiring a significant minority stake in ManipalCigna Health Insurance, a standalone health insurer. The deal, valued at Rs 3,500-3,700 crore, would see LIC owning 40-49 per cent of ManipalCigna, which is currently owned by...
by AIP Online Bureau | Mar 26, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy
Amit Shah, Union Minister of Home Affairs and Co-operation To further strengthen the cooperative sector in India, Shah said, a cooperative insurance company will be set up soon that will provide insurance coverage to all cooperative societies in the country. He exuded...
by AIP Online Bureau | Mar 26, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy
The finance ministry has set a record target of Rs 2.5 trillion of debt to be swapped for the fiscal year starting April 1. With the insurance sector expanding at 12%-13% annually, the goal is within reach, according to Vidya Iyer, head of fixed income at ICICI...
