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...
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...
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...
by AIP Online Bureau | Mar 13, 2022 | International News, Life
The Asia-focussed insurer’s value of new business or VONB, which measures expected profit from new premiums and is a key gauge for future growth, rose to $3.37 billion for the year ended Dec. 31, from $2.77 billion a year earlier China and Hong Kong accounted...
by AIP Online Bureau | Mar 13, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy
The official further said that although the market volatility has reduced in the last fortnight , it would wait for the market to stabilise further so that retail investors get confidence to invest in the stock. LIC has reserved up to 35 per cent of its total IPO size...
