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Jenny Lim appointed as CEO, Howden Singapore

by AIP Online Bureau | May 4, 2022 | Intermediaries, International News, Non-Life, Reinsurance

Singapore/ London: Howden, the international insurance broker, today announces that it has promoted Jenny Lim to the role of CEO, Howden Insurance Brokers (S.) Pte. Ltd. effective 1 May. Singapore is an important market for Howden and it is Howden’s largest retail...
LIC IPO: Policyholders’ portion oversubscribed; overall subscription at 67 pc on day 1

LIC IPO: Policyholders’ portion oversubscribed; overall subscription at 67 pc on day 1

by AIP Online Bureau | May 4, 2022 | Indian News, Life, Wealth Management/ Philanthropy

Retail Individual Investor category picked up nearly 60 per cent of the 6.9 crore shares set aside for this segment However, demand from qualified institutional buyers (QIBs) and non-institutional investors was muted. The non-institutional investors’ portion was...
Allianz and Sanlam to merge their African business to form the largest pan-African insurer

Allianz and Sanlam to merge their African business to form the largest pan-African insurer

by AIP Online Bureau | May 4, 2022 | International News, Life, Non-Life

Combining Sanlam’s expertise in Africa with Allianz’s global capabilities and insurance solutions, particularly for multinational businesses, the partnership aims to increase life and general insurance penetration, accelerate product innovation and drive financial...
EMIs and FDs to rise as RBI raises kay rate by 40 bps to 4.40%, CRR by 50 bps to check raging inflation

EMIs and FDs to rise as RBI raises kay rate by 40 bps to 4.40%, CRR by 50 bps to check raging inflation

by AIP Online Bureau | May 4, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

Reserve Bank of India Governor Shaktikanta Das said that Monetary Policy Committee (MPC) will retain its accommodative monetary policy stance at a time when globally inflation is rising alarmingly even as investment activity is showing some traction in the country...
Heat waves-testing the limits of human survival in India

Heat waves-testing the limits of human survival in India

by AIP Online Bureau | May 4, 2022 | Articles, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, Policy

Daily power outages driven by a surge in demand for electricity have resulted in blackouts as long as eight hours in some parts of India, while coal stocks — the fuel that accounts for 70% of the country’s electricity generation — are running low, prompting warnings...
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