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Cat Bond issuance reaches record in Jan-Mar Qtr

The first quarter catastrophe bond issuance figure has set a positive tone for the remainder of 2018. Following the potential losses that could have been incurred from the series of 2017 natural disaster events, investors in this sector could easily have taken a ‘wait-and-see’ approach,Paul Schultz, Chief Executive Officer of Aon Securities

Royal Sundaram launches ‘Family Plus- The 5G Health Insurance Plan’

Highly customisable health insurance plan covering upto 19 members in a family with individual sum insured for each member and a floater sum insured that can be used by any one or more of the family members within the overall sum insured. It covers 11 Critical Illness, Maternity Benefit, Emergency Domestic Evacuation, Vaccination in case of Animal Bite and Health & Wellness

IDBI Federal Life records 94 pc jump in net profit to Rs 101 cr

Vighnesh Shahane, CEO, IDBI Federal Life Insurance said: “Our customer-focused approach and enhanced tech capabilities across operational processes resulted in boosting of the persistency ratio. This coupled with our continuous effort of bringing in efficiencies in the distribution channels – digital and relationship-based – has helped us achieve consistent year-on-year delivery of superior results.”

Fingerprint, eye-scan may be required for stock trade via mobile app: Sebi

The development comes against the backdrop of instances of cyberattacks on systems in different parts of the world including India.
The markets watchdog has been taking several steps to safeguard markets from cyberattacks. This included forming a high-level panel on cyber security in May last year to suggest measures to ring fence capital markets from such attacks.

Reinsurer capacity remains stable despite 2017 catastrophe loss activity: Willis Re

“The pressure on traditional reinsurers from alternative capital suppliers is stronger  than ever, as many participants in this market cleared their first true major test. This increase in alternative capital, as well as the global reinsurance market having more capital to deploy, is continuing to dampen price increases in the mid-year renewals”