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FACULTATIVE REINSURANCE
From insurance purchase to strategic risk management: A shift in Indian corporate thinkingIndian companies are increasingly integrating insurance into their broader corporate risk strategy, moving beyond a traditional, finance-ce...- Jio-Allianz, Fairfax-backed Valueattics Re set to shake up India’s Rs 50,000-cr reinsurance marketIndia's ₹50,000-crore reinsurance sector is set for disruption with the entry of two new domestic players—Jio-Allianz, a joint venture betw...
- IndiGo in for a crash course in surge in insurance costsIndiGo airlines is bracing for a potential surge in aviation insurance costs upon policy renewal, influenced by escalating geopolitical ris...
- Air India plane crash: At $120 million+, insurance claim to be costliest for Indian aviationThe Air India crash in Ahmedabad is expected to result in India's costliest aviation insurance claim, with estimates exceeding $120 million...
- Reinsurance treaty rates stay soft amid tight competitionReinsurance treaty renewals on April 1 saw largely stable or softer rates due to competition among reinsurers. Despite continuing catastrop...
- Fire cover premiums to surge as rising claims pour cold water on discountsFire insurance premiums are set to rise as insurers like ICICI Lombard and Oriental Insurance reduce or withdraw discounts. This is due to ...
- GIC Re Q4 Results: Net profit rises 3% to Rs 2,642 croreGIC Re on Tuesday posted a 3 per cent increase in net profit to Rs 2,642 crore for the fourth quarter ended March 2024 compared to Rs 2,564...
- Coal plant insurance faces green hurdlesAccording to an insurance broker, scouting for cover for a power producer which is looking to arrange protection from global markets is pro...
- UK-based AXIS Capital to quit coal coverWith the announcement, AXIS joins a growing list of global insurers refusing to insure coal projects.. “Renewals, however, according to the...
- GIC Re launches India’s 3rd biggest IPO on Wednesday; here's what you must knowGIC writes reinsurance for every non-life and over half of the life insurance companies in India.
- We get business because we are unique with strong financials: G Srinivasan, The New India AssuranceWe are not only serving the Indian diaspora, we are serving foreign nationals as well.
- New India will hit the stock market in 2017-18: G Srinivasan, New India AssuranceG Srinivasan, CMD, New India Assurance says that this is a year of high growth so all of us will be crossing our targets and the expectatio...
- 10% of global reinsurers close doors on Indian cosNearly 10% of the world’s reinsurance markets have closed down for Indian insurers following the government’s decision to tax premium paid ...
- GIC plans to impose riders on co-insurance practicesGeneral Insurance Corporation (GIC) isn't too pleased with the way large corporate covers are being co-insured.
- Insurers' discounts may push up reinsurance ratesTaking last year’s premium and claims paid as a benchmark for the simulation, the reinsurer has told insurance cos that claims for this yea...
- With a local branch, we'll have a level-playing fieldFree product design will lead to sophisticated level of competition, Munich Re’s Ludger Arnoldussen spoke about it.
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