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Panda takes charge as new IRDA chief, wants faster decision making in the regulatory body

Panda takes charge as new IRDA chief, wants faster decision making in the regulatory body

by AIP Online Bureau | Mar 14, 2022 | Indian News, Life, Non-Life, Regulation, Reinsurance

Debasish Panda, chairman, IRDAI `Yes, he has assumed the charge of the chairman of IRDA in New Delhi today. In his initial wish-list for the IRDA employees, he has preferred digital, quick decision making and quick renewals of licenses,” confirmed IRDA sources...

Investors push 10,000 companies to disclose environmental data to CDP

by AIP Online Bureau | Mar 14, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Intermediaries

The call comes as money managers demand better information on climate change, biodiversity and water security to help them analyse the performance of company boards as the world looks to come good on a plan to limit human-driven global warming This year, more than 680...
Russian default no longer ‘improbable’, but no trigger for global financial crisis- IMF

Russian default no longer ‘improbable’, but no trigger for global financial crisis- IMF

by AIP Online Bureau | Mar 14, 2022 | Eco/Invest/Demography, International News

Kristalina Georgieva, Managing Director,International Monetary Fund The total exposure of banks to Russia amounted to around $120 billion, an amount that while not insignificant, was “not systemically relevant,” Russia may default on its debts in the wake...

Major Chinese cities impose COVID-19 restriction as cases spike

by AIP Online Bureau | Mar 14, 2022 | Eco/Invest/Demography, Health, International News, Pandemic

The situation is not at ease even in the autonomous region of Hong Kong. About 300,000 Covid-19 patients and their close contacts in Hong Kong are now under home quarantine, according to the city’s Chief Executive Carrie Lam Beijing: Amid a rapid resurgence of...
China faces consequences if it helps Russia evade sanctions over Ukraine – Sullivan

China faces consequences if it helps Russia evade sanctions over Ukraine – Sullivan

by AIP Online Bureau | Mar 13, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

U.S. National Security Adviser Jake Sullivan “We are communicating directly, privately to Beijing, that there will absolutely be consequences for large-scale sanctions, evasion efforts or support to Russia to backfill them,” Sullivan said. “We will...
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