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Demat accounts up 41 pc to 10.4 cr in Oct; incremental additions slowing down

by AIP Online Bureau | Nov 20, 2022 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Lesser number of new initial public offerings (IPOs) hitting markets this year compared to 2021 has also contributed to the lower number of demat accounts being opened in the last few months, he added. The number of demat accounts rose to 10.4 crore in October, 41 per...
Historic compensation fund approved at UN climate talks

Historic compensation fund approved at UN climate talks

by AIP Online Bureau | Nov 20, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

The decision establishes a fund for what negotiators call loss and damage. It is a big win for poorer nations which have long called for cash sometimes viewed as reparations because they are often the victims of climate worsened floods, droughts, heat waves, famines...

Chubb receives regulatory approval to increase its Huatai stake to 83.2%

by AIP Online Bureau | Nov 19, 2022 | Eco/Invest/Demography, Intermediaries, Life, Non-Life

“China is currently the second largest insurance market after the United States. With an aging and more affluent society comes the growing demands for insurance and asset management products and services. We take a long-term view, and I am confident Huatai will...

EXPLAINER-COP27: What is ‘Loss and Damage’ funding, and who should pay?

by AIP Online Bureau | Nov 19, 2022 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography

Vulnerable countries and campaigners have argued that rich countries that caused the bulk of climate change with their historical greenhouse gas emissions should pay. The United States and European Union have previously resisted the argument, fearing spiralling...

Even govt will be held accountable for data breach, says govt source

by AIP Online Bureau | Nov 19, 2022 | Eco/Invest/Demography, Risk Management, Technology

The source said that there has been frivolous applications under the Right to Information Act which overburden government departments and therefore the government-notified entity has been exempted from RTI clause New Delhi; The Digital Personal Data Protection Bill...
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