by AIP Online Bureau | Jun 27, 2022 | Banking & Bancassurance, Eco/Invest/Demography, International News, Policy
Russia has pushed back against the default designation, saying it has the funds to cover any bills and has been forced into non-payment. As it tried to twist its way out, it announced last week that it would switch to servicing its $40 billion of outstanding sovereign...
by AIP Online Bureau | Jun 27, 2022 | Intermediaries, International News, Non-Life, Reinsurance
Commenting on Lee’s appointment, Stuart Ashworth, Head of International, Financial Sol said, “During this period of geopolitical upheaval, we believe our clients need our services more than ever. We have ambitious plans for Asia Pacific and this appointment reflects...
by AIP Online Bureau | Jun 26, 2022 | Indian News, Life, Non-Life
The timeline for bidding Reliance Capital Ltd extended by 90 days — from June 3 to September 2, 2022. This is the second extension granted by the Committee of Creditors (CoC) for the completion of RCL’s resolution process New Delhi: Lenders of debt-ridden...
by AIP Online Bureau | Jun 26, 2022 | Indian News, Life, Non-Life, Regulation
Debasish Panda, Chairman, IRDAI The insurers will also discuss with the IRDAI on changing the regulations relating to expenses of the management, commission structure to the intermediaries, offering discount on premium to direct policyholders and the norms relating to...
by AIP Online Bureau | Jun 26, 2022 | Indian News, Risk Management
A bird hit the CM’s helicopter after it took off from here (Varanasi) for Lucknow, after which it had to land here, District Magistrate Kaushalraj Sharma said Uttar Pradesh Chief Minister Yogi Adityanath’s helicopter had to make an emergency landing here...
