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Aditya Birla Capital mulls selling its insurance brokerage unit

Aditya Birla Capital mulls selling its insurance brokerage unit

by AIP Online Bureau | Dec 13, 2022 | Indian News, Intermediaries, Non-Life, Reinsurance

The publicly-traded company has held talks with potential buyers about a sale of Aditya Birla Insurance Brokers Ltd. as it failed to scale up the 19-year-old business, the people said, asking not to be identified as the information is not public. Mumbai: Aditya Birla...
Key risk trends in 2023:Potential Recession, Cyber and ESG

Key risk trends in 2023:Potential Recession, Cyber and ESG

by AIP Online Bureau | Dec 13, 2022 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Technology

Plunging growth rates, surging inflation, the energy crisis, continuing stock market volatility and ongoing supply chain issues are monitored closely by D&O underwriters as they could cause liquidity and profitability squeezes in many sectors and fuel rising...

Extreme weather linked to cardiovascular deaths: Research

by AIP Online Bureau | Dec 13, 2022 | Facts, Health

“One in every 100 cardiovascular deaths may be attributed to extreme temperature days, and temperature effects were more pronounced when looking at heart failure deaths,” said Haitham Khraishah, M.D., co-author of the study and a cardiovascular disease...

UK plans to repeal EU-era Solvency II rules to allow insurers to invest in UK infrastructure

by AIP Online Bureau | Dec 12, 2022 | Eco/Invest/Demography, International News, Life, Non-Life

The changes are a far cry from the dramatic reforms in the 1980s that made London a global financial center and the far-reaching changes mooted when Liz Truss was prime minister London: The UK set out a package of financial services reforms that cuts across dozens of...

Hong Kong billionaire Richard Li weighing investing $200 million in FWD Group Holdings

by AIP Online Bureau | Dec 12, 2022 | Eco/Invest/Demography, International News, Life

An investment would help support the insurer’s growth plans ahead of a long-awaited Hong Kong initial public offering, which could take place as soon as 2023, the people said. Other investors have also shown early interest in a fundraising for FWD ahead of its...
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