by AIP Online Bureau | May 1, 2019 | Eco/Invest/Demography, International News
BEIJING: China will further open up its banking and insurance sectors, the country’s top banking and insurance regulator said in comments published on Wednesday. Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission, said...
by AIP Online Bureau | May 1, 2019 | Eco/Invest/Demography, International News, Non-Life
LONDON: Willis Towers Watson, a leading global advisory, broking and solutions company has launched a unique political risk insurance programme supported with over $1bn of market capacity. The ever-shifting political environment is demanding a new and...
by AIP Online Bureau | May 1, 2019 | International News, Non-Life, Reinsurance, Risk Management
Hamilton, Bermuda: Insurance industry experts Stephen Catlin and Paul Brand today unveil their international specialty insurer and reinsurer, Convex Group Limited (“Convex”). Convex launches with $1.8bn of initial committed capital and...
by AIP Online Bureau | May 1, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Reinsurance
Paris: SCOR is taking another step forward in protecting the climate and promoting the energy transition. SCOR has expanded its insurance and facultative reinsurance underwriting exclusion list to include the construction of new coal-fired power plants,...
by AIP Online Bureau | Apr 30, 2019 | Indian News, Life
Hyderabad Nilesh Sathe, member, Life, IRDAI has said that the foreign direct investment(FDI) limit in the insurance sector can be further raised from 49 per cent to 74 per cent over a period of next five to 10 years. “FDI...
by AIP Online Bureau | Apr 30, 2019 | Disaster & Management, Eco/Invest/Demography, Indian News
New Delhi: Cyclone ‘Fani’ intensified into a ‘severe cyclonic storm’ on Monday evening and is headed towards the Odisha coast, the India Meteorological Department (IMD) said. It could take a shape of an ‘extremely severe...
by AIP Online Bureau | Apr 29, 2019 | International News, Risk Management, Technology
New York: Risk managers are operating in an environment rich in data that when combined with growing alternative risk solutions can result in more robust risk finance strategies and more resilient organizations, according to a new report published today by...
by AIP Online Bureau | Apr 29, 2019 | Interviews, Reinsurance
Swiss Re has completed more than one year of direct operations in Indian market. How do you see the Indian market? The reason that we have established direct operations in India is because we wanted to be on the ground, to better understand and cater to the...
by AIP Online Bureau | Apr 29, 2019 | International News, Non-Life, Technology
Tesla, the electric car maker,plans to launch its own insurance product in May The company's co-founder and CEO Elon Musk confirmed the company’s insurance plans in a Q1 earnings call. When asked during an earnings call if Tesla is...
by AIP Online Bureau | Apr 29, 2019 | Indian News, Life
New Delhi: Analjit Singh's Max India announced its intent to enter new areas of business after the two recently announced transactions are concluded. Max India is currently in the midst of selling 51% stake in its Health Insurance JV Max Bupa, to...
