by AIP Online Bureau | Mar 16, 2022 | International News, Non-Life, Reinsurance
The development underscores Beijing’s efforts behind the scenes to minimize risk to its own institutions even as it continues to maintain strong trade ties with Russia in the face of crippling sanctions imposed by the West on that country Beijing: China has told top...
by AIP Online Bureau | Mar 9, 2022 | Health, International News, Non-Life
The legal battle revolves around whether insurance claims can be denied if policyholders created a “public nuisance” by improperly marketing addictive painkillers. This is the claim made by communities across the United States seeking restitution from drug...
by AIP Online Bureau | Jan 27, 2022 | Articles, Eco/Invest/Demography, Health, Life, Non-Life, Reinsurance, Technology
Insurers with non-traditional, real-time data sources such as telematics, wearables and social media data will be able to meet rising customer expectations of convenience, customized advice, and dynamic pricing, and compete with InsurTech companies that are able to...
by AIP Online Bureau | Jan 26, 2022 | Health, Indian News, Life, Non-Life
“The industry has long pending expectations from the policy makers for incentivizing people to get life insurance by giving a separate deduction limit of minimum Rs 1 lakh for insurance premium payment under Section 80C,” Tarun Rustagi Chief Financial...
by AIP Online Bureau | Jan 3, 2022 | Health, Indian News, Non-Life, Pandemic, Regulation, Reinsurance
The insurance companies have put in place effective coordination mechanism with all their network providers (hospitals) for the purpose of making available seamless cashless facility to all policyholders in case of hospitalisation if any and render speedy services to...
