by AIP Online Bureau | Jan 27, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
Rob Leonardi, Regional Officer, Generali Asia, said: “India has been recognised globally as the fastest-growing major economy in recent years and the launch of GC&C India shows how Generali is fully in lockstep with the needs of local businesses. The Indian...
by AIP Online Bureau | Jan 21, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management
Maharashtra Agriculture Minister Manikrao Kokate disclosed that instances of malpractice in the scheme have been identified in several aspects, including cases where mosques, temples, and vacant lands were falsely declared as agricultural lands to claim benefits...
by AIP Online Bureau | Jan 14, 2025 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Estimating insured losses is difficult given that fires are not fully contained. Nonetheless, significantly wide estimates for insured losses range between $10 billion and $30 billion, and economic losses between $150 billion to $275 billion, says Fitch The Los...
by AIP Online Bureau | Jan 9, 2025 | Disaster & Management, Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
J.P. Morgan believes that insured losses originating from the wildfire could be around $10 billion, “We expect a majority of the losses to be related to homeowners’ coverage and a significantly lesser amount to commercial,” it said U.S. private...
by AIP Online Bureau | Dec 31, 2024 | Indian News, Non-Life
During investigation, it was revealed that public servants entered into a criminal conspiracy and colluded with private persons and sanctioned insurance claims based on forged documents, thus causing loss to the New India Assurance, said the agency Ahmedabad: A...
