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Youngsters prone to smoking habits:ICICI Lombard General Insurance
Apart from the higher nicotine consumption pattern, the younger respondents demonstrated a more vocal and acceptance approach towards smoking than their middle aged counterparts. 43% respondents of 20-35 year old group are upfront about their smoking habits while only 27% of the 36-50 year old respondents do so about their habit.
China’s insurance premium income drops in January-April
BEIJING: China's insurance sector saw premium income drop 7.8 percent year on year to 1.7 trillion yuan (about 260 billion U.S. dollars) in the first four months of the year, said Chinese official agency quoting according to official data. The...
How Carmakers Raise Prices for Spare Parts Based on ‘Perceived Value’: Reuters
Govt decriminalises suicide, bans electric shocks for mentally-ill kids
Pratt & Whitney engine issue returns, IndiGo flight aborts takeoff
India-FPI outflows hit 18-month high of Rs 29,714 cr in May
European Corporations Given Guidance on Factoring Climate Risk in Financials
India to be shared mobility leader by 2030: Report
Strict curbs on global warming to buoy world economy: Study
Low single-digit reinsurance rate hike at June1 renewal, JLT Re
David Flandro, Global Head of Analytics, JLT Re, said, “Dedicated reinsurance sector capital has been very strong with growth of over USD 10 billion during the first half of 2018, following roughly USD 7 billion of new capital raised in the final four months of 2017. This affirms the now established trend of third-party capital rapidly entering the sector post-loss to fill the gap more or less immediately.
NIA launches $ 5 mn maiden P&I cover for ship owners
UK’s Legal & General exits Indian market,sells 26 % in IndiaFirst Life Insurnace to Warburg Pincus
Simon Burke, Group Commercial Director, Legal & General said that the company has refocused its insurance business in recent years on the UK and the US and as a consequence we have disposed of a number of operations, including our businesses in The Netherlands, Ireland, France, Egypt and The Gulf. We are now following this strategy in relation to our stake in IndiaFirst Life.
Swiss Re highlights five top risks for re/insurance industry
• Emerging geopolitical risks, the re-emergence of asbestos and risks from new technologies such as cyber, biased algorithm or the erosion of risk diversification pose the largest challenges
• Other risks are in the health and environmental area, such as people sleeping less and issues around environmental liability