by AIP Online Bureau | May 8, 2022 | Life, Wealth Management/ Philanthropy
The Qualified Institutional Buyer (QIB) category is yet to be fully subscribed. Bids were received for 0.67 per cent of the shares earmarked for the segment, showing a poor response. Mumbai: Life Insurance Corporation’s IPO, the country’s biggest public...
by AIP Online Bureau | May 8, 2022 | Disaster & Management, Facts
Each tropical storm is given a name to avoid confusion, facilitating disaster risk awareness, management and mitigation Bhubaneswar: Every year, as a cyclone looms over a region, its name becomes a cause of intrigue for many, who wonder why and how is the storm...
by AIP Online Bureau | May 8, 2022 | International News
The war has caused massive disruption to energy markets with Russian feedstocks used to produce jet fuel and diesel becoming untouchable for many parts of the world. China has also cut its oil product export quota, limiting supplies. The loss of 3.2 million barrels a...
by AIP Online Bureau | May 8, 2022 | Indian News, Main Menu, Non-Life
Kishor Biyani-led group Future Enterprises would completely exit the insurance sector after selling its existing stakes in life and non-life joint ventures soon Mumbai: Debt-ridden Future Group firm Future Enterprises Ltd expects to raise around Rs 3,000 crore from...
by AIP Online Bureau | May 8, 2022 | Eco/Invest/Demography, Non-Life, Reinsurance, Technology
Cyber insurance direct written premiums in US grew by 74% in 2021 to over $4.8 bil., according to statutory financial data from the “Cybersecurity and Identity Theft Insurance Coverage Supplement.” Premiums for standalone coverage increased by 92% to over $3.1 billion...
