by AIP Online Bureau | Oct 28, 2022 | International News, Non-Life, Reinsurance
“We expect most of the rated regional reinsurers to revise asset allocations amid rate hikes in certain countries, capital market volatility, and inflationary pressures on hedging costs. Regional reinsurers continue to have relatively higher allocation to risky...
by AIP Online Bureau | Sep 19, 2022 | Indian News, Non-Life, Reinsurance
Globally, GIC Re, which is pruning its premium base by shedding its loss making business to be profitable, is the 14th largest international reinsurer in 2022. It was the 11th largest global reinsurer in 2021 “We would prefer to be one of the largest profitable...
by AIP Online Bureau | Mar 31, 2022 | Health, Indian News, Life, Non-Life, Regulation
Debasish Panda, Chairman, IRDAI “Yes, we have got intimations to have interaction with the new IRDAI chairman. We are happy that Panda is meeting us face to face. We are getting ready with our agenda to be put before him. Since, he has already dealt with the...
by AIP Online Bureau | Mar 17, 2022 | International News, Non-Life, Reinsurance
The strong increase in earnings in 2021 allows reinsurers to overcompensate for a rise in excess mortality losses linked to Covid-19, above-average natural catastrophe claims and a lower investment income Paris/Frankfurt: The four major European reinsurers – Hannover...
by AIP Online Bureau | Dec 30, 2021 | Articles, Life, Wealth Management/ Philanthropy, Workplace/Employee Benefits
Vighnesh Shahane, MD & CEO, Ageas Federal Life Insurance With the hike in rates by reinsurers, term plan prices are set to rise, but they still remain one of the most important and crucial investments in one’s financial portfolio In India, a third wave could...
