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Govt to push LIC IPO to next fiscal amid market swings

Govt to push LIC IPO to next fiscal amid market swings

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

Finance Minister Nirmala Sitharaman said this week she “wouldn’t mind” taking another look at the timing of the LIC offering, though ideally she’d like to go ahead with it. Even if it doesn’t pursue the share sale on the original timeline, the government is still...

Europe’s largest nuclear power plant in Ukraine on fire after shelling

by AIP Online Bureau | Mar 4, 2022 | International News

The plant’s reactor is a different type than the one used at Chernobyl, and there should be little risk if the containment vessel is not damaged and outside power can be restored, said Jon B. Wolfsthal, a former senior director for arms control and nonproliferation at...

Exposure to green outdoors had positive mental health impact during pandemic

by AIP Online Bureau | Mar 4, 2022 | Facts, Health, Pandemic

Surprisingly, the study found no association between being diagnosed with COVID and having poor mental health. But respondents reported that having symptoms, no diagnosis and no way to test was distressing. Those who lost income or felt they were working in an unsafe...

Credit Suisse files lawsuits against Australia’s IAG over Greensill collapse

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

Insurance Australia Group Ltd was previously named as potentially exposed to the 2021 failure of Greensill since its former unit BCC Trade Credit sold policies to Greensill, but said at the time it had no liability because it sold its share of the unit two years...
Ukraine crisis: Apr 1 renewals may be costlier for Indian general insurers

Ukraine crisis: Apr 1 renewals may be costlier for Indian general insurers

by AIP Online Bureau | Mar 3, 2022 | Indian News, Non-Life, Reinsurance

International reinsurers, post Russian invasion of Ukraine, have already intimated the Indian general insurers about possible impacts in terms of higher pricing and tighter terms and conditions in coming days for Indian business Indian insurers advise India Inc to go...
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