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Equity investors’ wealth jumps by Rs 4.76 trillion in first 2 trading days of 2022

by AIP Online Bureau | Jan 4, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

“If the FII buying yesterday is an indication of their renewed interest in India, financials particularly the leading banks, are likely to continue the momentum witnessed yesterday,” said V K Vijayakumar, Chief Investment Strategist at Geojit Financial...

Omicron cases are hitting record highs, but now may have a silver lining

by AIP Online Bureau | Jan 4, 2022 | Health, International News, Pandemic

The data, some scientists say, signal a new, less worrying chapter of the pandemic Several factors appear to have made the omicron variant less virulent, or severe, than previous waves of Covid-19. One factor is the virus’ ability to infect the lungs A string of new...

Jan 1 renewals: majority of placements were orderly,Guy Carpenter

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

Capacity was ample for many lines but more constrained for retrocession and some components of property, including loss-impacted lower catastrophe layers and aggregates.Capacity for cyber aggregates was also limited Emerging risk factors, including climate change,...

Investors want $2.5 bln in class action over Bayer’s Monsanto deal

by AIP Online Bureau | Jan 4, 2022 | International News, Non-Life, Reinsurance, Risk Management

The law firm said that as of Dec. 30, the sum covered lawsuits from about 320 investors, both institutional and retail, that had been filed with the district court in Cologne. This represents a significant jump from the 250-plus investors demanding damages of more...
Apple becomes first company to hit $3 trillion market value

Apple becomes first company to hit $3 trillion market value

by AIP Online Bureau | Jan 4, 2022 | International News, Wealth Management/ Philanthropy

The world’s most valuable company is the first to reach the milestone as investors bet that consumers will continue to shell out top dollar for iPhones, MacBooks and services such as Apple TV and Apple Music. Apple’s march from $2 trillion to $3 trillion...
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