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Anti-obesity drugs can be boost for food makers, investors say

by AIP Online Bureau | Oct 24, 2023 | Eco/Invest/Demography, Features, Health

“Novo’s breakthrough can definitely lead to major changes – both for food and beverage companies, but also for other health-related stocks within the obesity industry,” said Kiran Aziz, head of responsible investments at Norway’s biggest...

Reinsurers stick to rule book, to pay only upto Rs 500 crore as claims for Rs 12,000 cr Teesta Hydro power project

by AIP Online Bureau | Oct 24, 2023 | Indian News, Non-Life, Reinsurance

“For Sikkim event, loss assessment is underway.  We do not expect it to be a major event based on initial information available,” said Hitesh Joshi, general manger, GIC Re to Asia Insurance Post “Our hands are tight, We will go by the rule book and the...
World Bank’s Banga says geopolitics pose biggest, but not the only, risk to world economy

World Bank’s Banga says geopolitics pose biggest, but not the only, risk to world economy

by AIP Online Bureau | Oct 24, 2023 | Eco/Invest/Demography, International News, Policy, Risk Management

Geopolitical tensions heightened by the Middle East conflict pose the biggest threat to the world economy right now but other risks are also at play. The private sector investment is needed in developing economies but political risks in some of these countries remain...
Munich Re lifts target as lower-than-expected claims fuel profit

Munich Re lifts target as lower-than-expected claims fuel profit

by AIP Online Bureau | Oct 24, 2023 | International News, Non-Life, Reinsurance

Chief Executive Officer Joachim Wenning is in the midst of a five-year strategic plan that calls for earnings per share to increase at least 5% per year on average. He has shown willingness to discontinue businesses that no longer meet expectations in terms of prices...
India to surpass Japan to become 2nd largest eco in Asia by 2030: S&P Global

India to surpass Japan to become 2nd largest eco in Asia by 2030: S&P Global

by AIP Online Bureau | Oct 24, 2023 | Eco/Invest/Demography, Indian News, Policy

India’s nominal GDP measured in USD terms is forecast to rise from USD 3.5 trillion in 2022 to USD 7.3 trillion by 2030. This rapid pace of economic expansion would result in the size of the Indian GDP exceeding Japanese GDP by 2030, making India the second largest...
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