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India set to become world’s fastest-growing economy, Finance Ministry report says

by AIP Online Bureau | Nov 11, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

The report said, softening retail inflation and adequate liquidity in the market are also reflected in largely stable G-Sec and corporate bond yields since July 2021. New Delhi: Armed with necessary macro and micro growth drivers, India is on its way to becoming the...

Depression to cross coast between TN and AP around Chennai this evening, says IMD

by AIP Online Bureau | Nov 11, 2021 | Eco/Invest/Demography, Indian News, Non-Life

“It is very likely to continue to move west-northwestwards and cross north Tamil Nadu & adjoining south Andhra Pradesh coasts around Chennai by the evening of today,” it added. As a result, Deputy Director General of Meteorology, S Balachandran said...

Fintech funding in Southeast Asia triples to record $3.5 bln this yr – report

by AIP Online Bureau | Nov 11, 2021 | Data, International News, Technology

Singapore, Southeast Asia’s financial hub, accounted for nearly half of the region’s deals at $1.6 billion, including six mega rounds worth a combined $972 million. The next most active was Indonesia, the region’s most populous country, with $904...

QBE Re launches life reinsurance for MENA with addition to Dubai office

by AIP Online Bureau | Nov 11, 2021 | International News, Life, Reinsurance

The newly created role marks an expansion of QBE Re’s offering in the region to focus on growing opportunities in the MENA life reinsurance market. QBE Re has appointed Mohamed El Sabri as Head of Life Reinsurance for Middle East and North Africa (MENA).Subject to...
Flooding: more likely, more extreme and more unpredictable

Flooding: more likely, more extreme and more unpredictable

by AIP Online Bureau | Nov 11, 2021 | Articles, Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management

-Unprecedented weather patterns are challenging the flood risk landscape, which was previously well defined by government and historic records-Many flood damages occur outside of mapped river floodplains, and companies outside larger hazard zones can still be affected...
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