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REINSURANCE PROGRAM
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.- Florida homeowners set to save thousands as insurance premiums drop and $10,000 home fortification grants expandFlorida homeowners will see significant property insurance premium reductions starting spring 2026, with average savings of 8.7 percent sta...
- Minnesota health insurance premiums to rise sharply by 21.5% in 2026 amid expiring federal subsidies and rising costsMinnesota health insurance costs are set to climb significantly in 2026. Premiums on the ACA marketplace will increase by an average of 21....
- Insurance cos dread IPL cancellation, airlines & shipping lines premium hike amid an undeclared war scenarioTensions between India and Pakistan pose significant risks for insurers and reinsurers across various sectors, including sports, aviation, ...
- MetLife first-quarter profit rises on strong investment gains; launches $3 billion buybackMetLife reported a nearly 5% rise in first-quarter profit, fueled by higher premiums and investment income, further announcing a $3 billion...
- Acko appoints Sandip Goenka as CEO of Acko LifeAcko appoints founding member Sandip Goenka as CEO of its new life insurance business. Goenka, with over two decades of experience, will de...
- HDFC Life International announces new health cover for Indian students studying abroadHDFC Life International has launched a cashless health policy for Indian students studying abroad. Premium in US dollars. Covers students a...
- IRDAI okays amendments to reinsurance normsIRDAI has simplified the format of the reinsurance program and brought in tandem the regulations for Indian insurers, Indian reinsurers, Fo...
- IRDAI proposes allowing insurers to invest in unlisted firms: sourcesCurrently, Insurance Regulatory and Development Authority of India (IRDAI) does not allow insurers to invest in unlisted entities without i...
- Munich Re tightens term insurance underwritingBuying high value term insurance will require proposers to not just provide proof of income but also salary statements. Reinsurance giant M...
- Directors’ and officers’ covers become costlier as their liabilities riseThe premium charged on D&O insurance has increased in some cases up to even Rs 3 crore, from Rs 1.5 crore on average, for sums assured in t...
- Warren Buffett spends record $2.2 billion buying Berkshire sharesEven as Buffett ramped up his repurchases, Berkshire's massive pile of cash hovered close to a record.
- 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...
- Digit Insurance eases SME property cover using automationNew-age insurer Digit Insurance has made it viable to provide a cover to such small businesses by automating the underwriting process.
- General Insurance Corporation eyes re-insurance market in EurasiaThe GIC management will participate in the 12th Astana Economic Forum and is ready to continue negotiations on cooperation with AIFC.
- HPCL cancels Iran oil shipment after insurer excludes coverageIran had hoped to sell more than 500,000 bpd of oil to India during the current fiscal year that started in April, Oil Minister Bijan Zanga...
- Crop insurers’ $14 billion: Is it money laundering?Former American International Group chief Maurice “Hank” Greenberg has a new business partner: the US taxpayer.
- Crop insurers in US could face first loss since 2002Crop insurers may face their first underwriting loss since 2002 as the worst Midwest drought in more than two decades threatens the US harv...
- General Insurance Corporation slips into red, posts Rs 2,469-cr loss in 2011-12GIC had to pay out more due to natural catastrophes in Japan & Thailand, while yield on investments and inflow of fresh business were hit d...
- 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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