by AIP Online Bureau | Dec 3, 2024 | Health, Indian News, Non-Life, Technology
PB Fintech had clarified that it’s planned foray into healthcare business is meant for aligning interests between insurers and hospitals that could enhance customer claims experiences and it has no plans to enter the hospital business or owning physical assets...
by AIP Online Bureau | Dec 3, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation
Zero-coupon bonds could help insurance companies better manage their long-term liabilities, as they step up offerings of guaranteed savings products Mumbai: Indian insurers have asked the government to issue new sovereign debt instruments, including zero-coupon bonds,...
by AIP Online Bureau | Dec 2, 2024 | Eco/Invest/Demography, International News, Regulation, Risk Management
Officials are concerned that a potential sharp and correlated deterioration in these investments could amplify risks across global insurers. That could spark “asset fire sales” which disrupt corporate funding markets, the BOE warned London: Private equity’s advance...
by AIP Online Bureau | Dec 1, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The measures ban any cooperation with Moscow-based insurers AlfaStrakhovanie Plc and VSK, which are “carrying on business in a sector of strategic significance to the Government of Russia, namely the Russian financial services sector,” a statement said. Both firms...
by AIP Online Bureau | Nov 21, 2024 | Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance, Risk Management
Recent years have also seen a growing list of pharma, food, and chemical products become the target of billion-dollar class action litigation, including opioids, talcum powder, indigestion remedies, and herbicide. Cancer is increasingly a feature of such litigation...