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REINSURANCE BUSINESS
Insurance CEOs’ pay now linked to claims and customer grievances: What it means for policyholdersInsurance CEOs’ remuneration will now partly depend on how well they treat policyholders, from settling claims to resolving complaints. A t...- Warren Buffett's framework for finding businesses to invest : The ‘Shiftless Nephew test’Warren Buffett once revealed a brutally simple test for separating great businesses from merely good ones: Could you put a lazy, not-too-sm...
- Commercial property insurer FM launches new insurance policy for manufacturers in IndiaThrough FM Essential, insurance company FM says it can support a broader group of manufacturing companies with their resilience journeys.
- Quote of the day by Ajit Jain: ‘Just because you don't find another Ajit…’ – inspiring lessons on leadership, teamwork and why strong companies grow beyond one person at Berkshire HathawayAjit Jain quote shows that strong companies do not depend on one person. Berkshire Hathaway can still grow even without him. His journey fr...
- Berkshire Hathaway profit rises despite consumer stress, cash sets recordBerkshire Hathaway reported stronger Q1 operating profit despite economic headwinds impacting consumer businesses. Led by Warren Buffett an...
- Jio Financial shares jump 4% as firm inks 50:50 JV deal with Allianz for general, health insurance businessJio Financial Services shares jumped after it signed a binding agreement to form a 50:50 insurance joint venture with Allianz Group. The JV...
- Allianz, Jio Financial Services ink 50:50 insurance JV to tap India’s growing marketJio Financial Services and Allianz Group are partnering to launch a new insurance venture in India. This 50:50 joint venture will offer gen...
- India builds insurance shield for risky sea trade as global cover dries upIn response to the challenges posed by renewed hostilities affecting maritime trade, Indian public sector insurers have unveiled an innovat...
- Irdai keeps FY27 cession rate at 4%, backs GIC Re roleIrdai has maintained the mandatory 4% cession rate for FY27, directing general insurers to place this share with GIC Re. This decision aims...
- 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...
- Corp insurance premiums fall up to 80% this seasonCorporate insurance premiums are falling sharply this renewal season. Property and commercial lines are witnessing steep declines. Intense ...
- JC Flowers backs Niyam reinsurance bet as GIFT City gains tractionJC Flowers & Co. is investing in Niyam Group to launch a new Lloyd's Syndicate. This move aims to bring global capital into India's rapidly...
- Jio Financial Services shares in focus as firm likely to venture into life, general insurance business in 2026Jio Financial Services aims to launch general and life insurance businesses by 2026, subject to regulatory approvals, following its entry i...
- Jio Financial Services expects to begin life, general insurance biz in 2026Jio Financial Services (JFS) is hoping to start general and life insurance businesses this year, a top company official has said.
- Allianz Jio Reinsurance begins operationsAllianz Jio Reinsurance Ltd, a new venture by Jio Financial Services and Allianz Group, has begun operations in India. This partnership aim...
- Policybazaar to enter reinsurance business with upgraded licencePB Fintech's subsidiary, Policybazaar Insurance Brokers, has received approval to enter the reinsurance business. It reported a net profit ...
- Insurers plan digital payments platform for reinsurance businessAccording to an executive aware of the developments, a new company will be set up towards this end, where general insurance companies throu...
- IRDA gives R1 nod to ITI for reinsurance businessThe reinsurance market in India is estimated to be $2billion. ITI Investment is a subsidiary of Fortune Financial Services, which is contro...
- Warren Buffett’s Berkshire Group pulls out of General Insurance Corporation dealWarren Buffett’s Berkshire Group pulled out of the reinsurance business with GIC after the latter terminated a 3-yr contract without paying...
- Berkshire Hathaway finally forays into India’s reinsurance businessBerkshire Hathaway has shed its India aversion & for the first time took up the role of a dominant reinsurer for 3 insurers.
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