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Fed increases rates by 25 bps but signals hikes are near an end

Fed increases rates by 25 bps but signals hikes are near an end

by AIP Online Bureau | Mar 22, 2023 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy

Jerome Powell, Chair of the Federal Reserve The move set the U.S. central bank’s benchmark overnight interest rate in the 4.75%-5.00% range, with updated projections showing 10 of 18 Fed policymakers still expect rates to rise another quarter of a percentage...
PM Modi holds high-level review meeting on Covid, influenza situation, stresses on Covid-appropriate behaviour

PM Modi holds high-level review meeting on Covid, influenza situation, stresses on Covid-appropriate behaviour

by AIP Online Bureau | Mar 22, 2023 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy

Prime Minister Narendra Modi Modi directed officials to enhance whole genome sequencing of positive samples with the designated INSACOG genome sequencing laboratories. This will support tracking of newer variants, if any, and timely response, the PMO said. New Delhi:...

Aon and Lifeguard to boost emerging risk insights through science crowdsourcing platform

by AIP Online Bureau | Mar 22, 2023 | Climate, Environment, Renewable Energy, Intermediaries, International News, Non-Life, Reinsurance

The collaboration with Aon will augment existing insurance industry emerging risks research and provide insights into areas where insurers lack the resources to gain a thorough understanding of their exposures CHICAGO: Aon plc, a leading re/insurance broker , today...
Gigs, scams, ghost work: India tech sector’s dark side

Gigs, scams, ghost work: India tech sector’s dark side

by AIP Online Bureau | Mar 22, 2023 | Articles, Eco/Invest/Demography, Non-Life, Pension & Social Security, Risk Management, Technology, Workplace/Employee Benefits

In his job, Saurav – who asked to go by one name to protect his identity – called people in the United States, enticed them to sign up for loans and insurance policies, then told them they needed to improve their credit score by paying $50-$100. Only, he...

New York Life buys Max Financial Services’ shares worth of Rs 94 cr

by AIP Online Bureau | Mar 22, 2023 | Indian News, Life

MFSL is the holding firm for Max Life Insurance company and New York Life was its foreign partner in early 2000 Mumbai: A promoter entity of Max Financial Services Ltd (MFSL),Max Ventures Investment Holdings , on Wednesday offloaded the company’s shares worth Rs...
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