by AIP Online Bureau | Jan 16, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Reinsurance
“India’s long-term economic outlook remains favourable for non-life insurance growth despite the near-term moderation,” said Chris Lim, associate director, analytics, AM Best. Singapore: International rating agency AM Best has maintained its outlook on India’s...
by AIP Online Bureau | Nov 19, 2025 | Eco/Invest/Demography, International News, Life, Non-Life, Policy, Reinsurance, Risk Management, Technology
Global insurance premiums are set to grow by 2.3% in real terms in 2026 and 2027. The non-life sector is forecast to see global real premium growth easing to 1.7% before recovering to 2.5% in 2027. For insurers, it means more opportunities in engineering, property and...
by AIP Online Bureau | Sep 30, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries, Life, Non-Life
ICICI Lombard General Insurance, Tata AIG General insurer, Star Health Insurance, niva Bupa Health Insurance, Aditya Birla Health Insurer and Care Health Insurer have already announced their decisions to reduce commission All the general insurers and stand health...
by AIP Online Bureau | Sep 10, 2025 | Intermediaries, International News, Non-Life, Risk Management, Technology
Tadashi Yamanaka, executive officer of System at Sompo Direct Insurance Inc. said, “The introduction of Radar has enabled us to rapidly implement premium revisions that reflect changes in market, accident trends and customer risk profiles more accurately. We will...
by AIP Online Bureau | Jul 18, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Reinsurance
Jio Financial Services Limited (JFSL) and Allianz Group (Allianz), through its wholly-owned subsidiary Allianz Europe B.V. on Friday entered into a binding agreement to form a 50:50 domestic reinsurance joint venture to serve the dynamic and high-growth insurance...