by AIP Online Bureau | Oct 10, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Insurance sources said on Thursday the war premiums had jumped around 30% this week to just over 1% of the value of the vessel from around 0.7% in early September, which would mean hundreds of thousands of dollars in extra costs A series of Russian missile strikes on...
by AIP Online Bureau | Oct 9, 2024 | Health, Indian News, Risk Management, Technology, Workplace/Employee Benefits
“We acknowledge that we were the victim of a targeted malicious cyberattack, resulting in unauthorized and illegal access to certain data. We make it absolutely clear that our operations remain unaffected, and all services continue without disruption,” Star...
by AIP Online Bureau | Oct 6, 2024 | Eco/Invest/Demography, Indian News, Life, Regulation, Risk Management, Technology
(LtoR) Siddhartha Mohanty, CEO and MD, Life Insurance Corporation and Satyajit Tripathi, Member (Distribution), IRDAI at an event organised by Pune based National Insurance Academy in Mumbai IRDAI’s methods for monitoring companies and intermediaries have...
by AIP Online Bureau | Oct 1, 2024 | Health, Intermediaries, International News, Non-Life
“With the sale of Tranzact, we are exiting this direct-to-consumer market and accelerating our progress toward our long-term free cash flow margin goals,” WTW CEO Carl Hess said Willis Tower Watson said Tuesday it would sell its direct-to-consumer insurance...
by AIP Online Bureau | Sep 21, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Risk Management
PK Mishra, Prime Minister’s Principal Secretary “Should the government act as a catalyst, facilitating the growth of the insurance market, or should it take a more direct role such as purchasing insurance for certain sectors? How should the government...