by AIP Online Bureau | Sep 25, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Oriental Insurance Company, a branch of India’s Oriental Insurance, has received the largest amount of claims till September 16, according to the data released by the Nepal Insurance Authority. It alone has received claims of NPR 5.14 billion across 40 cases....
by AIP Online Bureau | Sep 22, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
Despite EV drivers paying anywhere from 20% higher to double the premiums for traditional cars, China’s auto insurers have been nursing losses from covering new energy vehicles for at least three years. The industry lost 5.7 billion yuan ($802 million) from...
by AIP Online Bureau | Sep 18, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Regulation
Ajay Seth,chairman,IRDAI Seth asked the insurers to strengthen and establish service standards for market conduct, compliance, risk management, and internal audit functions, along with creating a standing forum at the Life Council to examine Court awards and derive...
by AIP Online Bureau | Sep 17, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The decision marks another milestone in one of the largest lawsuits to be heard in London, which has become a bellwether for similar cases fought in other jurisdictions, such as the United States, and triggered a battle in London between all risks and war risks...
by AIP Online Bureau | Sep 15, 2025 | Health, Indian News, Life, Policy
M. Nagaraju, secretary, Department of Financial Services Further, the insurers have been directed M. Nagaraju, secretary, Department of Financial Services(DFS) to proactively undertake outreach campaigns to publicize the reforms and highlight their prospective...
