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Edelweiss General Insurance partners with Repco Home Finance to offer property insurance cover

Digital insurer Edelweiss General Insurance (EGI) has tied up with Chennai-based Repco Home Finance Ltd (RHFL) to offer insurance solutions to all home loan customers of RHFL. Through this partnership, EGI will offer property insurance cover and loan protection cover to RHFL’s customers through their branches spread across India. As per the Edelweiss General Insurance, …

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Ian to firm up property rates; insurers positioned to absorb losses: S&P

Hurricane Ian is likely to be a significant loss event for the U.S. property/casualty and global reinsurance sectors and is expected to accelerate the firming of property rates in 2023, Standard & Poor’s Global Ratings said in a note Friday. However, insurers are well-positioned to absorb losses, and losses for global reinsurers should remain within …

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Sebi extends property auction time of Mega Mould, Remac Realty till Aug 31

Sebi has extended the time till August 31 to auction properties of two companies — Mega Mould India and Remac Realty India — to recover money that was illegally raised by them. Earlier, the auction was scheduled for August 18. However, considering the interests of the bidders expressed for inspection …

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