by AIP Online Bureau | Aug 30, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“Nepal’s non-life insurance market relies heavily on global reinsurance capacity to underwrite catastrophe risks, and so international reinsurers are expected to absorb a significant share of the overall insured losses,” said Victoria Ohorodnyk, senior director and...
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,...
