Marble Reinsurance Corporation's credit ratings are again affirmed, supported by a strong balance sheet, strict underwriting discipline and a five-year average combined ratio of 59%
Underwriting discipline, climate change and gen AI all featured prominently on the agenda as industry gathered for Asia’s largest (re)insurance conference.
The deal would be the largest foreign investment in India’s insurance sector and follows regulatory changes in 2021 which made foreign ownership possible in the space.
The Insurance Regulatory and Development Authority of India (IRDAI) is mandating a revised CIS for all insurers, aimed at simplifying policy details and enhancing transparency for insureds.
The review of insurers' response to the 2022 floods, commissioned by ICA and conducted by Deloitte, has yielded a report with recommendations to improve disaster readiness and handling across seven key...
