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Generali hikes its stake to 68 % in its Indian life JV

Generali hikes its stake to 68 % in its Indian life JV

by AIP Online Bureau | Mar 30, 2022 | Indian News, Life

Generali now holds a stake of around 68% in FGIL, which may increase further to 71% by the end of 2022, following further subscription of shares by Generali Jaime Anchústegui Melgarejo, CEO International of Generali, said: “This acquisition is in line with Generali’s...

Blockchain project Ronin hit by $615 million crypto heist

by AIP Online Bureau | Mar 30, 2022 | International News, Technology, Wealth Management/ Philanthropy

Hacks have long plagued crypto platforms. The cryptocurrency arm of Jump Trading said last month it had restored more than $320 million to crypto platform Wormhole after the decentralised finance site was hit with one of the largest crypto heists on record Blockchain...
Chubb buys DUAL’s Asian Financial and Cyber business

Chubb buys DUAL’s Asian Financial and Cyber business

by AIP Online Bureau | Mar 30, 2022 | International News, Non-Life, Technology

Chubb will be purchasing the business assets including intellectual property in the form of wordings and underwriting models from DUAL in both Hong Kong and Singapore Over the last 13 years DUAL Asia has grown organically, in partnership with MSIG, into a Financial...

by AIP Online Bureau | Mar 30, 2022 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance

Global leasing companies had until Monday to sever ties with Russian carriers under Western sanctions imposed over Moscow’s invasion of Ukraine, but executives say only a fraction of the more than 400 jets directly involved have been returned Russia’s airline...

“India Has One Of The Lowest Covid Deaths (374) Per Million”: Centre

by AIP Online Bureau | Mar 30, 2022 | Data, Eco/Invest/Demography, Health, Non-Life, Pandemic

According to the data available with World Health Organisation (WHO), India has one of the lowest deaths per million (374 deaths per million population) which is much lower compared to similarly affected countries like the United States of America (2,920 deaths per...
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