Premiums not likely to harden as international reinsurance rates have cooled owing to liquidity.

The cost of insuring homes and factories against natural calamities is likely to fall, in line with some 10% decline in overseas rates.

Worried over huge losses from compulsory business, GIC, has asked non-life insurance companies to take steps to cut losses on this portion.

The Indonesian earthquake may force reinsurers to impose new restrictions and lead to increase in premium and deductibles.

Berkshire Hathaway has shed its India aversion & for the first time took up the role of a dominant reinsurer for 3 insurers.

Indian companies will have to pay more for renewing their insurance policies as reinsurance companies have raised premium rates by up to 15...

Stung by mammoth claims from natural calamities, reinsurers are imposing a limit on the maximum liability that non-life insurers can claim ...

Global reinsurance companies, hit by natural calamities will charge 15-20% higher for policies that come up for renewal on January 1.

Entry of new smaller companies in place of major of companies ensures low rates.

Expert also said the global re-insurance companies, like Munich Re or Swiss Re, might have to enhance their natural catastrophe budget for ...

Large insurance claims linked to major fires during the current financial year have induced top global reinsurers like Munich Re, Swiss Re ...

Firming up of reinsurance rates in India by regular players such as General Insurance Company (GIC), Munich Re and Swiss Re led to the entr...

In a move that could temper the rate war in the non-life insurance industry, national reinsurer GIC Re has said that it will be very select...

State-owned non-life insurance companies are expected to have an upper hand when floor limits on rates for property insurance are removed.

Reinsurers have adopted a cautious approach as insurance companies are aggressively expanding their business under the deregulated regime.

Hit by both steep drops in premiums with price detariffing and losses on account of some large projects, Indian reinsurer.

National reinsurer General Insurance Corporation (GIC) is unwilling to follow the fortunes of insurance companies as they risk bleeding the...