by AIP Online Bureau | Jan 1, 2023 | Eco/Invest/Demography, Non-Life, Reinsurance
This year’s renewal season was “one of the most challenging. ..the sector has experienced,” Guy Carpenter said, adding that the process had been “extremely late.” Global insurance losses for natural catastrophes are projected to reach $112 billion in 2022, reinsurance...
by AIP Online Bureau | Jan 1, 2023 | Eco/Invest/Demography, International News, Policy
The term “unfriendly” describes countries that have imposed sanctions on Russia in response to its military intervention, including members of the European Union, the United States, Japan, Canada, Britain and Australia A bill that would have enabled...
by AIP Online Bureau | Jan 1, 2023 | Eco/Invest/Demography, Indian News
Among the highlights of the year, the number of registered investors went up more than 32 per cent year-on-year in 2022. The phenomenon also highlighted the fact despite the prevalent market volatility due to multiple headwinds including rate hikes, faltering economic...
by AIP Online Bureau | Jan 1, 2023 | Data, Eco/Invest/Demography, Policy
While the interest rate for popular PPF and girl child savings scheme Sukanya Samriddhi were retained, rates for deposits up to 5 per cent as well as NSC, senior citizen savings scheme and Kisan Vikas Patra (KVP) where income accruing is taxable have been hiked by up...
by AIP Online Bureau | Jan 1, 2023 | Banking & Bancassurance, Indian News, Policy
According to RBI, a total of 2,271 bank branches were closed in 2020-21, out of which 86 were completely shut, while 2,185 branches were adjusted to another branch Bhopal: Efforts to connect the poorest of the poor with banks are underway throughout the country, so...
