by AIP Online Bureau | Feb 26, 2022 | International News, Non-Life, Reinsurance
New rules will require insurance companies to factor property owners’ improvements into the pricing of residential and commercial coverage SACRAMENTO, Calif: California’s insurance commissioner announced new rules on Friday aimed at lowering premiums for people who...
by AIP Online Bureau | Feb 24, 2022 | Banking & Bancassurance, Indian News, Non-Life, Regulation, Reinsurance
TL Almelu, member, Non-Life, Irdai ”A huge market is available for surety bonds in-country and now, the onus is on the insurance fraternity to come out with products quickly. We have already initiated at authority level discussions with the insurance agencies...
by AIP Online Bureau | Feb 14, 2022 | Intermediaries, Non-Life, Reinsurance
News agency Interfax Ukraine said Ukrainian insurance companies had received a notification from reinsurers that airlines were not covered for war risks More airlines are likely to avoid Ukraine’s airspace amid insurance issues and a decision by leading European...
by AIP Online Bureau | Feb 8, 2022 | Eco/Invest/Demography, International News, Life, Non-Life
Global insurance and insurtech companies raised about $6.64 billion from IPOs in 2021, the largest amount in at least five years India’s PB Fintech’s $579.2 million IPO, topped the list globally.. Star Health and Allied Insurance Co. Ltd. had the...
by AIP Online Bureau | Dec 11, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Potential buyers take out insurance to protect against issues such as misrepresentation by a target of its performance or order book, while sellers buy cover to ensure a clean exit. The M&A insurance market has risen to more than $5 billion from less than $3...
