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Munich Re’s profit slumps, investment portfolio takes a hit of almost $1 billion

by AIP Online Bureau | Aug 10, 2022 | International News, Non-Life, Reinsurance

The reinsurer already wrote down the value of Russian and Ukrainian bonds by almost 700 million euros in the first quarter, and also booked about 200 million euros in war-related reinsurance costs in the first half of the year The Munich-based company wrote down the...

“Ships exporting Ukraine grain through the Black Sea will be protected by a 10 nautical mile”

by AIP Online Bureau | Aug 10, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The initiative has been operating in a trial phase for the past two weeks. Ten ships – stuck in Ukraine since the war started – have departed with corn, soybeans and sunflower oil and meal. Two empty vessels have traveled to Ukraine to collect shipments. The biggest...

Govt mulls adoption of common charger for all devices; calls meet on Aug 17

by AIP Online Bureau | Aug 10, 2022 | Facts, Technology

The meeting with mobile makers and sector-specific organisations has been scheduled to assess the possibility of ending the use of multiple chargers in India and reduce the burden on consumers besides preventing e-waste, the official said New Delhi: The government is...

Aon strengthens its natural resources offering across APAC by naming new leaders

by AIP Online Bureau | Aug 10, 2022 | Climate, Environment, Renewable Energy, Intermediaries, International News

“With the changing landscape of the oil, gas and mining industry driven by Environmental, Social and Governance strategies, as advisors we need to be at the forefront of developing offerings to support with energy transition amid emerging volatility,” said Melissa...

Finance ministry invites application for PFRDA chairperson post

by AIP Online Bureau | Aug 10, 2022 | Indian News, Pension & Social Security, Policy

Besides senior government officials, private sector employees who have worked at the level of CEO, CFO, COO or equivalent are also eligible to apply for the post. The position is also open for persons from an academic backgrounds New Delhi: The government has started...
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