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LIC highlights stronger profitability, market leadership in investor presentation

LIC highlights stronger profitability, market leadership in investor presentation

by AIP Online Bureau | Jul 6, 2026 | Indian News, Life

Outlining its future priorities, the corporation said its strategy would focus on increasing the share of non-participating products, strengthening profitability, expanding bancassurance and alternate distribution channels, accelerating digital transformation, and...
Global insurance market expected to continue shifting eastward over next decade: Allianz

Global insurance market expected to continue shifting eastward over next decade: Allianz

by AIP Online Bureau | Jun 3, 2026 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance, Risk Management

Overall, the global insurance market is expected to grow at an annual rate of +5.3% over the next ten years, slightly above economic output. Munich:The global insurance market is expected to continue shifting eastward over the next decade, with India and China gaining...
Swiss Re appoints market heads in different regions

Swiss Re appoints market heads in different regions

by AIP Online Bureau | May 26, 2026 | International News, Non-Life, Reinsurance

Rafael Schneider,Market Head, Germany, will become Market Head Mediterranean & Middle East.He will be succeeded in this role by Kristina Franke. Zurich:Following last month’s announcement about Anna Ziswiler’s move to Asia, Swiss Re has announced the...
Aviation Insurance: A period of dynamic uncertainty

Aviation Insurance: A period of dynamic uncertainty

by AIP Online Bureau | May 1, 2026 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance

Despite the significant challenges, and elevated war risks for airlines and aviation infrastructure, discussions remained calm and assured, with insurers working closely with brokers and buyers to understand the steps that were being made to mitigate risk and protect...
$2.8 billion Baltimore Bridge settlement:Impacts on marine (re)insurance market

$2.8 billion Baltimore Bridge settlement:Impacts on marine (re)insurance market

by AIP Online Bureau | Apr 30, 2026 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management

The vast majority of the $2.8 billion will be absorbed by the reinsurance and retrocession markets. While some market participants initially anticipated the full $3 billion limit of the International Group’s reinsurance tower could be called upon, statutory...
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