by AIP Online Bureau | Jun 17, 2022 | International News, Non-Life, Reinsurance
The review for downgrade on Peak Re’s A3 IFSR follows Moody’s rating action on June 14, 2022 to place on review for downgrade the Ba3 corporate family rating of Peak Re’s majority shareholder, Fosun International Limited (Fosun, Ba3 review for...
by AIP Online Bureau | May 5, 2022 | Indian News, Life, Workplace/Employee Benefits
“We see the arrival of external shareholders with experience of the insurance industry as a further key benefit of the IPO. We believe the presence of foreign stakeholders will bring particular benefits in the areas of capital adequacy, financial flexibility and...
by AIP Online Bureau | Mar 18, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology, Trends, Facts
According to Moody’s Investors Service, the introduction of the Unified Payment Interface (UPI) in 2017, which allows funds to be transferred instantaneously, has been a key catalyst to the development of digital payments due to the ease of use of apps running...
by AIP Online Bureau | Jan 19, 2022 | Eco/Invest/Demography, Indian News
”The Indian insurance industry’s growth prospects are favourable, underpinned by an expected 9.3 per cent GDP expansion in fiscal 2021, which ends March 2022, and by strong demand for health insurance in the wake of the pandemic,” Moody’s...
