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Market mayhem: Investors lose Rs 11.28 trn in four days

Market mayhem: Investors lose Rs 11.28 trn in four days

by AIP Online Bureau | Mar 7, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

In tandem with the heavy sell-off in equities, the market capitalisation of BSE-listed companies plunged by Rs 11,28,214.05 crore in four days to stand at Rs 2,41,10,831.04 crore In the four sessions, the BSE benchmark has shed 3,404.53 points or 6.05 per cent...

DCGI approves Themis Medicare’s VIRALEX® for Covid-19 treatment

by AIP Online Bureau | Mar 7, 2022 | Workplace/Employee Benefits

VIRALEX is an immune-modulatory agent with broad-spectrum antiviral properties. It enhances both innate and adaptive immunity and strengthens the body’s defense response to viral infections Enhances both innate & adaptive immunity and strengthens...

Confusion, but not panic, reigns in global finance in Russia’s wake

by AIP Online Bureau | Mar 7, 2022 | Eco/Invest/Demography, International News, Risk Management

“There is so much more capital in the system. Russia is not that big. Risk management is better,” Schamis said, comparing the situation now to the financial crisis in 2008 when he had a front-row seat as someone with capital to invest Western allies’ sanctions...

Howden M&A bolsters its Asia Pacific team to manage surging deal activity

by AIP Online Bureau | Mar 7, 2022 | Intermediaries, International News, Non-Life, Reinsurance, Workplace/Employee Benefits

There is a significant growth in demand for M&A insurance in APAC, with clients seeking to manage the transactional risks that arise in the course of M&A transactions There were 20,694 deals in APAC with an aggregate value of USD 1.193 trillion, up from 17,745...

Overseas re/insurers have small exposure to Russia, have strong capital position to avoid a deterioration in credit quality: S&P

by AIP Online Bureau | Mar 7, 2022 | International News, Non-Life, Reinsurance, Risk Management

Many global and regional reinsurers have exposure to Russia, as well as some industrial line writers. As of now  global reinsurers’ exposure is very limited, in most cases less than 1% of assets and existing liabilities, in some cases even less than 0.1%....
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