by AIP Online Bureau | Aug 3, 2023 | Eco/Invest/Demography, International News, Life
Ratings for these U.S. insurers and the broader sector could face pressure if U.S. fiscal and governance deterioration contributes to a negative scenario of heightened capital market volatility and/or a more severe economic downturn The ‘AAA’ Insurer...
by AIP Online Bureau | Jul 25, 2023 | Health, International News, Non-Life, Policy, Regulation, Reinsurance
US President Joe Biden “Despite the repeated bipartisan efforts aimed at mental health parity, insurers too often make it difficult to access mental health treatment, causing millions of consumers to seek care out-of-network at significantly higher costs and pay...
by AIP Online Bureau | Jul 18, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Any resumption of shipments without Russia’s blessing would probably depend on insurers. Industry sources told Reuters they were studying whether to freeze their coverage “The (key) question is whether Russia mines the area which would effectively cease...
by AIP Online Bureau | Jul 17, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“Annual cover remains in place but voyages to listed areas will be assessed individually as and when seen,” Neil Roberts, head of marine and aviation at Lloyd’s Market Association, which represents the interests of all underwriting businesses in Lloyd’s. Insurers are...
by AIP Online Bureau | Jul 17, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Insurers are advised to respond/assist the claimants through their 24×7 helplines,special claims desks at district level with delegated claims settlement teams for speedyprocessing and settlement of claims including on account payments at the earliest andalso...