by AIP Online Bureau | Dec 9, 2022 | Indian News, Life, Non-Life
The bid price of Rs 5,300 crore quoted by the Cosmea-Piramal consortium will be the base price for the planned auction, and in the round one, the bidders will have to bid Rs 1,000 crore more than this base value of Rs 5,300 crore. Mumbai: The Reliance Capital’s...
by AIP Online Bureau | Dec 9, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
The Assets Under Management (AUM) of the 43-player industry rose to a record high of Rs 40.37 lakh crore at the end of November from Rs 39.5 lakh crore at the end of October. Mutual fund folios, which have been touching all-time highs since the last three months,...
by AIP Online Bureau | Dec 9, 2022 | Indian News, Non-Life, Regulation
It proposed to allow general insurers to issue long term Own Damage policy for a period that is co-terminus with the Third Party Liability cover when a standalone Own Damage policy is renewed Chennai: The Indian insurance regulator has sought the stakeholders’...
by AIP Online Bureau | Dec 9, 2022 | Eco/Invest/Demography, Health, International News, Non-Life
The high levels of resistance to treatment are reported in bacteria frequently causing bloodstream infections in hospitals the Global Antimicrobial Resistance and Use Surveillance System (GLASS) report states, based on 2020 data from 87 countries UN: Over 50 per cent...
by AIP Online Bureau | Dec 9, 2022 | Eco/Invest/Demography, International News, Reinsurance
The reform plans aim to make substantial legislative progress over the course of 2023 on repealing and replacing EU-era Solvency II –- the rules governing insurers’ balance sheets which are expected to unlock over GBP 100 billion of private investment for...
