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PB Fintech floats a healthcare subsidiary for aligning interests between insurers and hospitals

PB Fintech floats a healthcare subsidiary for aligning interests between insurers and hospitals

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...

Insurers seek zero-coupon bonds to manage long-term risks

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,...

Private equity exposure with insurers can be risky for , financial markets, BOE says

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...

UK expands sanctions against Russian oil fleet and its insurers

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...

Trebling of “nuclear” court verdicts challenges companies and liability insurers: Allianz

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...
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