by AIP Online Bureau | Mar 31, 2026 | Indian News, Intermediaries, Non-Life, Reinsurance
Reinsurers have been surprised with the price drop on risk which has been more than expectations, mainly due to previous years good results and interest in the Indian risks. With uncertainty in the Gulf, the interest on Indian risks is also higher. Overall many...
by AIP Online Bureau | Mar 30, 2026 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Regulation, Reinsurance, Risk Management
To facilitate smooth transition, for insurers facing challenges in immediately shifting to Ind AS, a provision has been made to grant forbearance for one-year provided such a request will be be made on or before 30th April, 2026.. During the period of forbearance...
by AIP Online Bureau | Mar 8, 2026 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Risk Management
Indian insurers and reinsurers have canceled hull coverages in war-affected areas after GIC Re flagged its seven-zone hull war-risk plan, effective March 1. The amended plan designates high-risk waters including Pakistan, the Persian Gulf, and Iran, besides...
by AIP Online Bureau | Mar 4, 2026 | Articles, Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
There will be sizable insured losses, and the conflict could have far‑reaching implications for the reinsurance industry.The conflict disproportionately affects specialty lines, a segment that insures complex or high‑risk exposures, including war risk, aviation,...
by AIP Online Bureau | Nov 23, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Reinsurance
Ajay Seth, chairman,IRDAI “It was an introductory meeting and had no specific agenda. Seth wanted to know the state of affair in the Indian reinsurance industry,’’ said one of the CEOs who had attended the meeting Mumbai: After meeting life and non-life...
