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Star Health hacker says death threats and bullets sent to executives at India’s biggest health insurer

Star Health hacker says death threats and bullets sent to executives at India’s biggest health insurer

by AIP Online Bureau | May 9, 2025 | Health, Indian News, Risk Management, Technology

Star Health, India’s biggest health insurer, has faced criticism from customers and data security experts since Reuters reported last September that xenZen had leaked sensitive client data, including medical reports. At the time, xenZen told Reuters in an email...

Insurers’ climate losses almost match premiums from fossil fuels

by AIP Online Bureau | Dec 11, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Risk Management

On average, fossil-fuel premiums account for less than 2% of total premiums, raising questions about why insurers aren’t using their immense influence to protect the other 98% of their business from spiraling climate risks Top insurance companies suffered $10.6...

Bermuda insurer credit profiles supported by BMA regulatory reforms: Fitch

by AIP Online Bureau | May 1, 2024 | Eco/Invest/Demography, International News, Life, Non-Life, Regulation, Reinsurance

The Bermuda life insurance market has grown rapidly. Assets increased to $1.1 billion as of YE2022 from $496 million in 2018, and the number of life insurance licenses increased 10% over the same period to 180. This growth has been driven by its economic-based regime,...

Hailstorm Claims Risk Undermining Solar Energy, Insurer Says

by AIP Online Bureau | Dec 7, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Insurers are beginning to reduce coverage for solar businesses due to the rising severity of hailstorms according to GCube, which insures more than 100 gigawatts of projects in 40 countries. That has also brought uncertainty to future solar projects, due in part to...

India debut 50-year bond fully sold on increasing insurer demand

by AIP Online Bureau | Nov 3, 2023 | Eco/Invest/Demography, Indian News, Life, Wealth Management/ Philanthropy

The nation’s burgeoning life insurance and pension fund industries, driven by an expanding middle class, are changing the landscape for India’s $1 trillion sovereign debt market. India’s yield curve has been nearly flat even amid record borrowing by the government as...
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