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Report shows London losing reinsurance share

Sunday, May 14, 2017 - 20:20
by Raymond Hainey

London is at risk of losing its global share and importance in reinsurance to places like Bermuda, a new report has warned.

“London Matters — The Competitive Position of the London Insurance Market”, commissioned by the London Market Group, said that the City of London’s share or reinsurance had dropped from 13.4 per cent in 2013 to 12.3 per cent in 2015.

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UP to review real estate regulations, CM Yogi Adityanath assures Venkaiah Naidu

Monday, May 8, 2017 - 20:50
by Dipak K. Dash,

NEW DELHI: Uttar Pradesh government will revise the real estate regulations to bring incomplete housing projects under the law. UP chief minister Yogi Adityanath assured this to Union housing minister M Venkaiah Naidu on Friday to protect the interest of lakhs of existing home buyers.  
 

Reinsurance rates stay flat in India owing to no major catastrophic events

Friday, May 5, 2017 - 21:25
by Money Control

Reinsurance rates have been flat during this fiscal year as revealed by renewals of treaties which took place from April 1. Reinsurance, which refers to risk support taken by insurance companies, depends on the claims received in the previous year in that particular segment.

G Srinivasan, Chairman and Managing Director, New India Assurance said that except marine hull where there was a large claim in FY17, rates for other reinsurance contracts have been flat.

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Report shows London losing reinsurance share

Sunday, May 14, 2017 - 20:20
by Raymond Hainey

London is at risk of losing its global share and importance in reinsurance to places like Bermuda, a new report has warned.

“London Matters — The Competitive Position of the London Insurance Market”, commissioned by the London Market Group, said that the City of London’s share or reinsurance had dropped from 13.4 per cent in 2013 to 12.3 per cent in 2015.

Click Here to Read More

UP to review real estate regulations, CM Yogi Adityanath assures Venkaiah Naidu

Monday, May 8, 2017 - 20:50
by Dipak K. Dash,

NEW DELHI: Uttar Pradesh government will revise the real estate regulations to bring incomplete housing projects under the law. UP chief minister Yogi Adityanath assured this to Union housing minister M Venkaiah Naidu on Friday to protect the interest of lakhs of existing home buyers.  
 

Reinsurance rates stay flat in India owing to no major catastrophic events

Friday, May 5, 2017 - 21:25
by Money Control

Reinsurance rates have been flat during this fiscal year as revealed by renewals of treaties which took place from April 1. Reinsurance, which refers to risk support taken by insurance companies, depends on the claims received in the previous year in that particular segment.

G Srinivasan, Chairman and Managing Director, New India Assurance said that except marine hull where there was a large claim in FY17, rates for other reinsurance contracts have been flat.

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