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Miller appoints Matthew Hooker as regional Head of Energy for Asia-Pacific

by AIP Online Bureau | Oct 14, 2022 | Intermediaries, International News, Non-Life, Reinsurance

Matt’s appointment forms part of Miller’s wider growth strategy in the region and follows recent senior hires to the Singapore team, including Ron Whyte as Head of Strategic Development and Nick King as Head of Marine London: Miller, the leading independent specialist...

Indian startup funding hit 2-year low in September quarter: PwC India

by AIP Online Bureau | Oct 14, 2022 | Data, Eco/Invest/Demography, Technology

“Although it has been argued that there is substantial committed capital waiting to be deployed (dry powder) in the Indian start-up ecosystem, it is becoming clearer that selectivity in dealmaking will increase, with a focus on path-to-profitability, especially...
10-yr old PEs with $100 million investible funds allowed to promote Indian re/insurance companies: IRDAI

10-yr old PEs with $100 million investible funds allowed to promote Indian re/insurance companies: IRDAI

by AIP Online Bureau | Oct 14, 2022 | Health, Indian News, Life, Non-Life, Regulation

The new regulations are proposing major changes in Indian insurers’ fit and proper criteria, allowable limits of investment, lock-in period on investment, process of registration and criteria for investment by Private Equity Funds The minimum shareholding of...

Asia now world’s largest debtor and saver; need to focus on fiscal stability to handle debt distress: IMF

by AIP Online Bureau | Oct 14, 2022 | Eco/Invest/Demography

The warning comes as the fund, a lender of last resort, downgrades its 2022 growth forecast for the Asia-Pacific region by 0.9 percentage point to 4%. For 2023, it expects growth to be 4.3%, down 0.7 percentage point than previously seen. Asia’s economies will need to...

World dangerously close to recession, warns World Bank President

by AIP Online Bureau | Oct 14, 2022 | Eco/Invest/Demography, International News

All of the problems that people have taken note of, the inflation problem, the interest rate rises, and the cutoff of capital flows to the developing world hits the poor hard, he said, adding that’s a huge challenge for the bank Washington: World Bank President...
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