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,...
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...
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...
by AIP Online Bureau | Oct 30, 2023 | Health, Indian News, Non-Life
Policyholders will also be informed about policy coverage (like hospital expenses), exclusions (what the policy does not cover), waiting period, financial limits of coverage, claims procedure, and details about grievances/complaints redressal mechanism. Hyderabad:...
by AIP Online Bureau | Mar 20, 2023 | International News, Non-Life, Reinsurance, Risk Management, Technology
Battery packs can cost tens of thousands of dollars and account for up to 50% of an electric vehicle’s price, often making them uneconomical to replace. “We’re buying electric cars for sustainability reasons,” said Matthew Avery, research director at Thatcham...
