by AIP Online Bureau | Feb 15, 2023 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance
Confirmed deaths in Turkiye passed those recorded from the massive Erzincan earthquake in 1939 that killed around 33,000 people. Speaking in Ankara following a five-hour Cabinet meeting held at the headquarters of disaster agency AFAD, Erdogan said 47,000 buildings,...
by AIP Online Bureau | Feb 15, 2023 | Eco/Invest/Demography, Facts, Non-Life, Technology
Within APAC, 85 per cent of consumers were aligned with these key priorities, consisting of 92 per cent of Millennials, 83 per cent of Gen Xers and 72 per cent of Baby Boomers prioritise sustainability the highest. Consumers are driving the growing emphasis on...
by AIP Online Bureau | Feb 15, 2023 | Health, International News, Non-Life, Reinsurance
For life and health insurers, who absorb related financial shocks through disability and income protection insurance, this is manifest in paying out close to USD 15 billion in mental health-related disability insurance claims annually. In many countries, this number...
by AIP Online Bureau | Feb 15, 2023 | Briefs, Non-Life
SBI General, one of India’s leading General Insurance Companies, has carried out a massive PMFBY (Pradhan Mantri Fasal Bima Yojana) Policy Distribution Drive – “Meri Policy Mere Haath” under the “Azaadi Ka Amrit Mahotsav” Campaign...
by AIP Online Bureau | Feb 15, 2023 | Briefs, Life
PNB MetLife, one of India’s leading life insurers, has announced the launch of 20 new branches across India. PNB MetLife already has an extensive distribution network in the country with over 135 branches and opening up these new branches is in line with their...
by AIP Online Bureau | Feb 15, 2023 | Eco/Invest/Demography, Indian News
According to UIDAI, 1.30 billion people were enrolled under Aadhaar on December 31, 2022, against a projected population then of 1.37 billion. The gap would mostly be children who are not enrolled and deaths that are not updated, the former UIDAI official said. NEW...
by AIP Online Bureau | Feb 15, 2023 | Indian News, Non-Life, Reinsurance
The private insurer has invited coupon and commitment bids from bankers and investors on Thursday,. MUMBAI: India’s HDFC Ergo General Insurance plans to raise Rs 3 billion ($36.18 million) selling subordinated bonds maturing in 10 years, two merchant bankers...
by AIP Online Bureau | Feb 15, 2023 | Health, International News, Non-Life, Reinsurance
Outbreaks of the virus have continued in North and South America, Europe, Asia and Africa, undefeated by summer heat or winter cold snaps, since a strain arrived in the United States in early 2022 that was genetically similar to cases in Europe and Asia The virus...
by AIP Online Bureau | Feb 15, 2023 | International News, Non-Life, Reinsurance
London: RiverStone International, the industry-leading acquirer and reinsurer of legacy and discontinued insurance business, has completed an agreement with MS Amlin Underwriting Limited to provide MS Amlin Syndicate 2001 (“MS Amlin”) with a Reinsurance-to-close...
by AIP Online Bureau | Feb 14, 2023 | Eco/Invest/Demography, Health, Indian News, Technology
Prasun Sikdar, MD&CEO, ManipalCigna Health Insurance The process has been initiated on 18th January by the IIB “Insurance Satark comes as a boon for the health insurance industry, as it helps us in detecting fraudulent claims. It is only for the health...
