by AIP Online Bureau | Dec 2, 2022 | Intermediaries, International News, Non-Life, Reinsurance
“In 2022, we have continued to strengthen our business and a key part of this success is building a team that inspires and energises each other to create differentiated solutions for clients and deliver the exceptional level of service our clients demand, George...
by AIP Online Bureau | Dec 2, 2022 | Articles, Health, Life, Non-Life, Policy, Regulation
Unless the existent issue of muted demand for insurance, especially life insurance products, is not acknowledged and addressed by the regulator and the industry, such supply-side proposals alone will not be adequate to spur sustainable growth, says a report by Emkay...
by AIP Online Bureau | Dec 2, 2022 | Health, Indian News, Life, Non-Life, Policy, Regulation, Reinsurance
The department of financial services (DFS) has said these amendments would enhance the financial security of policyholders, promote their interests, and improve their returns New Delhi: Revamping the existing regulatory frame work, the finance ministry has proposed...
by AIP Online Bureau | Dec 1, 2022 | Indian News, Life, Non-Life
According to Duff and Phelps’ valuation report, the liquidation value of Reliance General Insurance is Rs 7,000 crore, and Reliance Life Insurance is Rs 4,000 crore. On the other hand, RBSA has given a liquidation value of Rs 7,500 crore and Rs 4,300 crore for...
by AIP Online Bureau | Dec 1, 2022 | Indian News, Reinsurance
”In the last 6 years, Rs 25,186 crore have been paid by farmers as the premium, wherein Rs 1,25,662 crore have been paid to the farmers against their claims as on October 31, 2022 with Central and state governments bearing most of the premium under the...
by AIP Online Bureau | Dec 1, 2022 | Eco/Invest/Demography, Indian News, Non-Life
”The supply chain situation continues to be dynamic due to continuing international disruptions. We are keeping a close watch and are taking appropriate steps,” M&M President, Automotive Division Veejay Nakra New Delhi: Car makers have logged the...
by AIP Online Bureau | Dec 1, 2022 | Indian News, Technology
Civil Aviation Minister Jyotiraditya Scindia Amid concerns in certain quarters about data theft and privacy issues, Scindia said the data shared for DigiYatra will be stored in an encrypted format in a decentralised manner. New Delhi; The government on Thursday...
by AIP Online Bureau | Dec 1, 2022 | International News, Non-Life, Reinsurance
Chief among the negative drivers is the heightened natural catastrophe activity that continues to test investors’ risk tolerance levels, according to a new Best’s Market Segment Report, titled, “Market Segment Outlook: Global Reinsurance.” AM Best has maintained its...
by AIP Online Bureau | Dec 1, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology
2022 is the second consecutive year in which the estimated insured losses total more than $100 billion, continuing the trend of a 5–7% average annual increase over the past decade The re/insurance industry covered roughly 45% of the economic losses this year,...
by AIP Online Bureau | Dec 1, 2022 | Facts, Health
A healthy diet is one important lifestyle strategy for lowering CVD risk factors, such as high blood pressure and cholesterol levels, and ultimately preventing atherosclerotic heart disease, or the hardening and narrowing of the arteries caused by fatty buildup, which...
