by AIP Online Bureau | Jul 12, 2018 | International News
Following the completion of the acquisition of XL Group by AXA SA – expected in the second half of 2018 – the two insurers have chosen the name of the division that will be dedicated to large property/casualty commercial lines and specialty risks....
by AIP Online Bureau | Jul 12, 2018 | Intermediaries, International News
London: Lloyd’s, the specialist insurance and reinsurance market, has launched a digital distribution platform – Lloyd’s Bridge – designed to quickly, easily and efficiently connect insurance businesses and entrepreneurs with...
by AIP Online Bureau | Jul 12, 2018 | Indian News
Mumbai: The Indian general insurance sector in the country grew at a slower rate of 17 per cent in FY2018 after a robust growth of 32 per cent in FY2017. As per ICRA research, the private sector growth continued at a faster pace (22 per cent Y-o-Y...
by AIP Online Bureau | Jul 12, 2018 | Health, Indian News
Mumbai: A rate war has erupted among the general insurers including the stand alone health insurers to bag the accounts of the different states for implementing the centre’s National Health Insurance Protection Scheme(NHPS) that promises to...
by AIP Online Bureau | Jul 11, 2018 | Indian News
Mumbai The total assets of the Indian life insurance industry have hit Rs 34 lakh crore while the asset under management (AUM) has touched around Rs 32 lakh crore in 2017-18. In an exclusive interview with the Asia Insurance Post, V. Manickam,...
by AIP Online Bureau | Jul 11, 2018 | Articles, Health
A little known sexually transmitted infection could become the next superbug unless people become more vigilant, experts are warning, according to a BBC rport. Mycoplasma genitalium (MG) often has no symptoms but can cause pelvic inflammatory...
by AIP Online Bureau | Jul 11, 2018 | Interviews, Reinsurance
Winfried Heinen, Chairman of the Executive Board of Directors of General Reinsurance AG Finally you have a direct branch operation in India. How do you see the journey so far? Establishing a reinsurance branch is an important milestone for us. We firmly believe...
by AIP Online Bureau | Jul 10, 2018 | International News, Risk Management
Litigation funder IMF Bentham Ltd is preparing to potentially sue social media giant Facebook Inc in Australia over its sharing of users’ data with political consultancy Cambridge Analytica. The world’s largest social network said in April...
by AIP Online Bureau | Jul 10, 2018 | Data
Domestic passenger vehicle sales rose 37.54 percent to 2,73,759 units in June this year from 1,99,036 units in the corresponding month last year. Domestic car sales were up 34.21 percent to 1,83,885 units as against 1,37,012 units in June 2017, according to...
by AIP Online Bureau | Jul 10, 2018 | Health, Indian News
NEW DELHI: India spends just a little over one per cent of its GDP on healthcare and this is leading the country into "a comprehensive healthcare crisis", according to Nobel laureate and noted economist Amartya Sen, who has called for greater allocation on...