by AIP Online Bureau | Mar 27, 2025 | Eco/Invest/Demography, Indian News, Intermediaries, Non-Life, Regulation, Reinsurance
Indian general insurers, which will be generating a premium of over three lakh crore rupees in Fy 25, in their detailed representation to the IRDAI, explained that the proposed regulations are reducing choice for the insurers, reducing reinsurance capacity for the...
by AIP Online Bureau | Mar 21, 2025 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
Under the scheme, MS Amlin has committed EUR 80 million in reinsurance capacity – rising to EUR 110 million – over five years to support war risk policies underwritten by three Ukrainian insurers: INGO, Colonnade, and UNIQA. The facility is backed by an...
by AIP Online Bureau | Feb 26, 2025 | Indian News, Life, Non-Life, Regulation, Reinsurance
Peak Re, the fourth reinsurer to get a license, has a total global business of $1.75 billion. It has already developed a major Indian portfolio, largely constituting Crop and Property, as a Cross Boarder Reinsurer(CBR) and gearing up to expand it further in the...
by AIP Online Bureau | Feb 12, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
`We have a small exposure for LA wildfires. It’s not major. Currently, we have provided about $25 million in our provisions. I tend to believe that this will come down, because these are very initial figures. We’ve still not received too many intimations...
by AIP Online Bureau | Jan 17, 2025 | Events, Life, Non-Life, Reinsurance
2nd Edition of IFSCA-IRDAI GIFT IFSC Global Reinsurance Summit,Monday, January 20, 2025,Hotel JW Marriot, Juhu, Mumbai, Opening Address by Mr. K. Rajaraman, Chairperson, IFSCAAddress by Mr.P.K. Arora, Whole Time Member (Actuary), IRDAIAddress by Mr Tapan Ray, Managing...
