by AIP Online Bureau | Jun 14, 2023 | Indian News, Non-Life
Kotak, which is a relatively smaller general insurance player, is holding stake sale talks as it hopes to get an investor who can help them “turn around the business and grow faster”. Mumbai: Zurich Insurance Group is in talks to buy up to 51% of India’s Kotak General...
by AIP Online Bureau | Jun 14, 2023 | Eco/Invest/Demography, International News, Risk Management, Technology
It’s the first time the bloc has ordered a tech giant to split up keys of business. The European Commission, the bloc’s executive branch and top antitrust enforcer, said that its preliminary view after an investigation is that only the mandatory divestment...
by AIP Online Bureau | Jun 14, 2023 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management
Patrick Raaflaub, Swiss Re’s Group Chief Risk Officer, said: “The concurrent increases in economic interests, environmental change and geopolitical tensions make the Arctic a hotbed for emerging risks and potential risk accumulation. With SONAR, we aim to...
by AIP Online Bureau | Jun 14, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Vladimir Putin, President, Russia “We are thinking about getting out of this grain deal now,” Putin told a meeting of Russian war correspondents and military bloggers. “Unfortunately, we were once again cheated – nothing was done in terms of...
by AIP Online Bureau | Jun 14, 2023 | Health, Indian News, Intermediaries, Life, Non-Life, Technology
All regulated entities are directed to scrupulously follow the provisions regarding reporting of incident to IRDAI and Cert-In. Further, the regulated entities are required to submit available details of `Cyber Security Incident’ to the regulator in an enclosed...