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Aviva to buy AIG’s UK life insurance business for $563 million

Aviva to buy AIG’s UK life insurance business for $563 million

by AIP Online Bureau | Sep 26, 2023 | International News, Life

The transaction will add 1.3 million individual protection customers and 1.4 million group protection members, Aviva said, with the deal expected to close in the first half of 2024, subject to regulatory approvals. London: Aviva said on Monday it had agreed to buy the...

Three-quarters of companies globally are not ready for ESG rules: KPMG Report

by AIP Online Bureau | Sep 26, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Regulation

“Now there will be regulatory and assurance requirements to report accurate information, which raises the bar on controls and processes as well as qualitative statements that will need to be made around the data,” Mike Shannon, Global Head of ESG Assurance at KPMG,...

US urges court to consider Amazon.com asset sales for breaking antitrust law

by AIP Online Bureau | Sep 26, 2023 | Eco/Invest/Demography, International News, Regulation, Risk Management

“The FTC and its state partners say Amazon’s actions allow it to stop rivals and sellers from lowering prices, degrade quality for shoppers, overcharge sellers, stifle innovation, and prevent rivals from fairly competing against Amazon,” the agency said in a statement...
Cough syrup deaths overseas prompt US crackdown on toxic testing

Cough syrup deaths overseas prompt US crackdown on toxic testing

by AIP Online Bureau | Sep 26, 2023 | Health, International News, Regulation, Risk Management

Cough syrups made in India and Indonesia have been linked to deaths of more than 300 children globally. The medicines were found to contain high levels of DEG and EG, leading to acute kidney injury and death. The poisonings have sparked criminal probes, lawsuits and a...

Climate change, tech and geopolitics will shape future of business: Tata Steel CEO

by AIP Online Bureau | Sep 26, 2023 | Eco/Invest/Demography, Indian News, Technology

CEO and Managing Director Tata Steel Ltd, T.V Narendran pointed out that the global steel industry contributes 8 per cent of the total emissions and the governments in Europe are discussing green steel with the industry New Delhi: CEO and Managing Director Tata Steel...
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