by AIP Online Bureau | Jul 10, 2023 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Reinsurance
With $131 billion of total premium in 2022, currently, India is the 10th largest market in the world where US, China and UK are the top three largest markets India’s life insurance premium market, with a premium of $100 billion, that has grown by 8.2 per cent in...
by AIP Online Bureau | Jun 25, 2023 | Articles, Disaster & Management, Eco/Invest/Demography, Life, Non-Life
`We see the world economy today as in need of a sustained reload in resilience. The value of unprotected risk exposure globally has risen steadily in the past five years. We estimate about 43% of risk globally was unprotected by assets or insurance in 2022, improved...
by AIP Online Bureau | Jun 14, 2023 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management
Patrick Raaflaub, Swiss Re’s Group Chief Risk Officer, said: “The concurrent increases in economic interests, environmental change and geopolitical tensions make the Arctic a hotbed for emerging risks and potential risk accumulation. With SONAR, we aim to...
by AIP Online Bureau | May 31, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology, Workplace/Employee Benefits
The most AI-trusting people hail from emerging digital growth markets such as India, Nigeria, Mexico, Indonesia, Philippines and Argentina` `What is surprising in ‘Decoding Digital Trust: A consumer perspective’ is that countries with advanced levels of...
by AIP Online Bureau | May 23, 2023 | Climate, Environment, Renewable Energy, International News, Non-Life, Reinsurance
The departure follows that of fellow Swiss firm Zurich Insurance Group AG, as well as Germany’s Munich Re and Hannover Re NZIA has no US members, and with the departure of Swiss Re, it has roughly 27 left, including Allianz SE, Aviva Plc and Axa SA, according to the...
