by AIP Online Bureau | Apr 21, 2019 | Uncategorized
Mumbai: Overseas investors have pumped in a net sum of Rs 11,012 crore into the Indian capital markets in April so far amid easing liquidity conditions globally. Foreign portfolio investors (FPIs) were net buyers for the previous two months as well, infusing a...
by AIP Online Bureau | Apr 21, 2019 | International News, Risk Management
Boeing Co.’s factory in North Charleston, S.C., one of two plants that produces the 787 Dreamliner, has faced problems with production and oversight that create a safety threat, the New York Times reported. The Times cited a review of internal...
by AIP Online Bureau | Apr 19, 2019 | Indian News, Non-Life
Mumbai: ICICI Lombard General Insurance Company, the country’s fourth largest general insuer, recorded a net profit of Rs 228 crore for the quarter ending March 2019, up 7.5 per cent over the year ago period. For the financial year 2017-18,...
by AIP Online Bureau | Apr 19, 2019 | International News, Non-Life, Reinsurance
Singapore: Munich Re Syndicate Singapore (MRSS) on Tuesday has announced the partnership with a new cover holder, Nectar Specialty Risk Pte, a Singapore incorporated limited liability company, committed to delivering bespoke (re)insurance solutions for...
by AIP Online Bureau | Apr 19, 2019 | Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance
Hannover: Hannover Re is scaling back its exposure to coal-fired power plants and coal mines over the long term. In addition to excluding coal-based projects from its investment universe, the Group is now also adopting a more restrictive underwriting...
by AIP Online Bureau | Apr 18, 2019 | Health, Indian News, Non-Life
Mumbai: Led by the private sector companies, the domestic general insurance industry, with a mix of 34 players, has grown by 13 percent to Rs1,70.103 crore in 2018-19. According to theindustry performance figures ,released by the General...
by AIP Online Bureau | Apr 17, 2019 | Indian News, Life, Non-Life
Mumbai: Promoters of two large India insurance firms- Max Life Insurance and Reliance General Insurance (RGI) – are now looking for investors to grow their business in a highly competitive domestic insurance market. According to the media reports,...
by AIP Online Bureau | Apr 17, 2019 | Eco/Invest/Demography, International News, Non-Life, Regulation
LONDON: Takaful operators continue to gain traction in the United Arab Emirates (UAE) insurance market as the Takaful segment’s profitability has improved significantly in recent years, according to a new special report by AM Best. In its analysis of the...
by AIP Online Bureau | Apr 17, 2019 | International News, Life, Reinsurance
OLDWICK: Growth in the U.S. life reinsurance market has been challenged due to limited growth by direct writers, but opportunities have taken shape in emerging markets, particularly in the Asia-Pacific region, as well as in legacy life/annuity blocks of...
by AIP Online Bureau | Apr 17, 2019 | International News, Non-Life
PARIS: French insurance firm AXA said on Tuesday it provided insurance coverage for two of the contracting firms that were working on Notre-Dame’s restoration prior to the blaze that devastated the cathedral. The fire ripped through the...
