by AIP Online Bureau | Feb 24, 2022 | International News, Life, Wealth Management/ Philanthropy
AIA did not disclose a deal value for the sale, but said the business holds about A$8 billion ($5.77 billion) in funds under administration. The Australian savings and investment business, which offers superannuation and retirement products, was acquired by AIA...
by AIP Online Bureau | Feb 24, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The aviation industry has taken heightened notice of the risks conflicts pose to civil aviation since Malaysia Airlines flight MH17 was shot down over eastern Ukraine in 2014 Kiev: Ukraine closed its airspace to civilian flights on Thursday, citing a high risk to...
by AIP Online Bureau | Feb 23, 2022 | Non-Life, Pandemic, Reinsurance
“Propelled by this momentum, we will resolutely tap into the favourable market environment as we increase our profit to 3.3 billion euros in 2022,” Chief Executive Officer Joachim Wenning said FRANKFURT: German reinsurance group Munich Re on Wednesday...
by AIP Online Bureau | Feb 23, 2022 | Health, Indian News, Pension & Social Security, Policy
Rajasthan Chief Minister Ashok Gehlot as part of Budget also announced that IPD and OPD services will be free-of-cost in state-run hospitals Jaipur: Rajasthan Chief Minister Ashok Gehlot on Wednesday presented his fourth Budget for the year 2022-23, with the main...
by AIP Online Bureau | Feb 23, 2022 | Health, Indian News, Life, Pandemic
Term insurance witnessed an uptake in the last two years, with ownership rising to a significant 43% from 39% last year. The survey also reflects an increased ownership of other life-insurance products amongst urban Indians such as savings and market-linked plans. New...
