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Green Bonds purchase by insurers to be treated as infrastructure investments: IRDAI

Green Bonds purchase by insurers to be treated as infrastructure investments: IRDAI

by AIP Online Bureau | Jan 17, 2023 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation, Reinsurance

The regulator, in a circular dated Jan. 13, said the move was made with the objective of “de-concentration and diversification” of insurers’ infrastructure portfolios as well as “from the perspective of participation in environmental, social...
China’s GDP sinks to three per cent in 2022, second lowest in 50 years

China’s GDP sinks to three per cent in 2022, second lowest in 50 years

by AIP Online Bureau | Jan 17, 2023 | Eco/Invest/Demography, International News, Pandemic, Policy

Significantly this year, China’s GDP in terms of dollars declined from USD 18 trillion in 2021 to USD 17.94 trillion last year mainly due to a sharp rise of the dollar against RMB (the Chinese currency) in 2022 The slow pace was blamed mainly on the strictly...
China’s population shrinks for the first time since 1961

China’s population shrinks for the first time since 1961

by AIP Online Bureau | Jan 17, 2023 | Eco/Invest/Demography, International News, Pandemic

The country had 1.41175 billion people at at the end of 2022, compared with 1.41260 billion a year earlier, China’s National Bureau of Statistics said Men also continued to outnumber women by 722.06 million to 689.69 million, the bureau said, a result of the...
Economic slowdown will leave workers poor and unemployed, says UN

Economic slowdown will leave workers poor and unemployed, says UN

by AIP Online Bureau | Jan 16, 2023 | Eco/Invest/Demography, Facts

As prices rise faster than incomes, the cost-of-living crisis risks pushing more people into poverty, the UN’s International Labour Organization said, while unemployment around the world is set to rise Global unemployment is projected to reach 208 million people...
Swiss Re appoints Velina Peneva as Group Chief Investment Officer

Swiss Re appoints Velina Peneva as Group Chief Investment Officer

by AIP Online Bureau | Jan 16, 2023 | International News, Reinsurance

Velina Peneva is currently Co-Head Client Solutions & Analytics in Swiss Re’s Asset Management. Previously, she headed Swiss Re’s private equity investment mandate Zurich: Swiss Re announced today the appointment of Velina Peneva as Group Chief...
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