by AIP Online Bureau | Apr 9, 2022 | Intermediaries, International News, Non-Life, Reinsurance
“What we are now seeing are the underwriters starting to introduce Russia, Ukraine wording into their policies,” said Meredith Schnur, managing director, U.S. and Canada cyber brokerage leader at insurance broker Marsh, declining to name the insurers Insurance brokers...
by AIP Online Bureau | Mar 28, 2022 | Indian News, Non-Life, Reinsurance
Air India’s insurance renewal may not be a very comfortable affair for the Tatas from the premium point of view as London market sources point out, the aviation insurance market of late has seen significant hardening up impacted by Russian-Ukraine war and crash...
by AIP Online Bureau | Mar 10, 2022 | Eco/Invest/Demography, Facts, Non-Life
PC Kandpal, MD & CEO, SBI General Insurance, said,“ Only 38% women have claimed to have insured themselves to be financially independent, signaling low levels of awareness and insurance penetration. In fact, our study highlights that while women strive to be...
by AIP Online Bureau | Mar 3, 2022 | Indian News, Non-Life, Policy, Technology
Road Transport Ministry said that it is mandated that the procedure for detailed investigation of road accidents should be conducted, the detailed accident report (DAR) and its reporting, along with timelines for different stakeholders for quick settlements of claims...
by AIP Online Bureau | Mar 3, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The move will leave Russian commercial airlines scrabbling to get cover elsewhere. Industry sources say this could include from Chinese reinsurers, while other western insurers are likely to hold back from the business, fearful of other countries imposing similar...
