by AIP Online Bureau | Dec 27, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management
‘Empirical evidence suggests that a build-up of concentration in retail loans may become a source of systemic risk,” the RBI said in its trends and progress in banking report for FY22 Mumbai: Retail loans, long considered a panacea for the banking system,...
by AIP Online Bureau | Dec 27, 2022 | Eco/Invest/Demography, Non-Life, Risk Management, Technology
Cyber criminals are taking advantage of new and advanced methods to cause considerable damage to organisations’ reputation, which could potentially cause huge financial losses. For businesses, taking the right preventive steps and investing in security measures...
by AIP Online Bureau | Dec 27, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The move comes after Tokio Marine & Nichido Fire Insurance, Sompo Japan Insurance and Mitsui Sumitomo Insurance on Friday told shipowners that they would stop offering marine war insurance, which covers damage to ships from war in Russian waters, from Jan Industry...
by AIP Online Bureau | Dec 27, 2022 | Data, Eco/Invest/Demography
Cebr said in its annual World Economic League Table 2023 that over the next five years, the annual rate of GDP growth is expected to average 6.4 per cent, after which growth is expected to average 6.5 per cent in the subsequent nine years The Centre for Economics and...
by AIP Online Bureau | Dec 27, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
Among the sectors, the billionaires favour energy, possibly due to today’s supply constraints and the accelerating secular transition to renewables ”This year’s report highlights how many of the wealthiest in society see it as their responsibility to lead the way,...