by AIP Online Bureau | Jun 5, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Factors besides climate change — such as poor flood-control infrastructure and deforestation — played a role in making the floods more destructive. But it was the interplay between climate change and El Niño, the occasional warming of the eastern equatorial Pacific,...
by AIP Online Bureau | Jun 5, 2024 | International News, Policy, Regulation, Technology
Should the claimants prove that the Alphabet Inc. unit preferred its online advertising services over competitors between January 2014 and November 2022 they estimate damages as high as £13.6 billion ($17.4 billion) The UK’s Competition Appeal Tribunal unanimously...
by AIP Online Bureau | Jun 5, 2024 | Banking & Bancassurance, Non-Life, Regulation
In February, Zurich Insurance had said it would acquire a 70 percent stake in the insurance company for Rs 5,560 crore in a single tranche New Delhi: Kotak Mahindra Bank on Wednesday said it has received the Reserve Bank of India’s (RBI) approval to sell a 70...
by AIP Online Bureau | Jun 5, 2024 | Briefs, Intermediaries, Life, Non-Life, Regulation
Mumbai: Arka Fincap Limited, a NBFC and subsidiary of Kirloskar Oil Engines Limited (KOEL), has been granted license to act as a corporate agent (composite) by the Insurance Regulatory and Development Authority of India (IRDAI).Vimal Bhandari, executive vice chairman...
by AIP Online Bureau | Jun 5, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Wealth Management/ Philanthropy
To be sure, investors say the election outcome – with Modi’s alliance winning 293 of 543 lower-house seats – is unlikely to derail this trajectory, nor is India’s broadly stable currency and attractive debt market likely to be unduly ruffled....
