by AIP Online Bureau | Sep 1, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
“This can be a very destructive typhoon,” the chief secretary said Thursday, flanked by heads of various government departments. “We hope to minimize the damage.” Hong Kong was starting to feel the impact of Super Typhoon Saola as winds reached hurricane force and...
by AIP Online Bureau | Sep 1, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Dozens of insurers have announced restrictions on their cover for the coal industry, particularly for new projects, in response to pressure from shareholders, governments and environmental groups who want to limit coal’s contribution to global warming. This follows...
by AIP Online Bureau | Sep 1, 2023 | Banking & Bancassurance, Indian News, Life, Regulation
Last October, the Insurance Regulatory and Development Authority of India (IRDAI) had penalised Axis Bank Rs 2 crore for the share transactions which was done mainly to get excess remuneration as corporate agent of Max Life than permissible under the rules Chennai:...
by AIP Online Bureau | Sep 1, 2023 | Data, Eco/Invest/Demography, Policy
“India remains in a sweet spot,” said Amnish Aggarwal, a head of research at Mumbai-based brokerage Prabhudas Lilladher Pvt. Stock markets in India stand out as they offer diversified opportunities along with a fast-growing economy, and this is in contrast to the...
by AIP Online Bureau | Sep 1, 2023 | Eco/Invest/Demography, Non-Life, Technology
“Tesla is obviously a big influence, but increasingly Hyundai Kia, Volkswagen, BMW, and Mercedes are moving the needle in premium,” said Soumen Mandal, senior analyst for automotive New Delhi: The global electric vehicle (EV) sales grew 50 per cent (year-on-year) in...
