The Air India crash in Ahmedabad is expected to result in India's costliest aviation insurance claim, with estimates exceeding $120 million...

Reinsurance treaty renewals on April 1 saw largely stable or softer rates due to competition among reinsurers. Despite continuing catastrop...

Fire insurance premiums are set to rise as insurers like ICICI Lombard and Oriental Insurance reduce or withdraw discounts. This is due to ...

GIC 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...

According to an insurance broker, scouting for cover for a power producer which is looking to arrange protection from global markets is pro...

With the announcement, AXIS joins a growing list of global insurers refusing to insure coal projects.. “Renewals, however, according to the...

GIC writes reinsurance for every non-life and over half of the life insurance companies in India.

We are not only serving the Indian diaspora, we are serving foreign nationals as well.

G 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...

Nearly 10% of the world’s reinsurance markets have closed down for Indian insurers following the government’s decision to tax premium paid ...

General Insurance Corporation (GIC) isn't too pleased with the way large corporate covers are being co-insured.

Taking last year’s premium and claims paid as a benchmark for the simulation, the reinsurer has told insurance cos that claims for this yea...

Free product design will lead to sophisticated level of competition, Munich Re’s Ludger Arnoldussen spoke about it.