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Aon acquires 100% of its Indian JV, buys out 51% from Narayana Murthy’s Catamaran

by AIP Online Bureau | Sep 2, 2021 | Indian News, Intermediaries, Non-Life, Reinsurance

  SINGAPORE/Mumbai, Sept 02: After receiving approval from the regulator IRDAI, USA  based re/insurance broker Aon plc  today, announced that it has increased its stake in Aon India Insurance Brokers from 49 percent to 100 percent, acquiring the...

Munich Re raises €1bn green bond

by AIP Online Bureau | Sep 2, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

  Munich, Sept 02: After successfully issuing a green bond in 2020, Munich Re has launched a green subordinated bond for the second time in its corporate history. The volume of the issue is €1bn. The bond has a coupon of 1.00 % and will mature in 2042. By...

Over half of India’s adult population received at least 1 Covid shot: Govt

by AIP Online Bureau | Sep 2, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy

New Delhi: More than half of India's adult population has received at least one dose of COVID-19 vaccine and 16 per cent have got both, the Union government said on Thursday as the cumulative number of doses administered in the country crossed 66 crore. In Sikkim,...

Swiss Re creates a central cyber underwriting team,John Coletti to head Global Cyber

by AIP Online Bureau | Sep 2, 2021 | International News, Non-Life, Reinsurance, Risk Management

  Zurich,Sept 02: Swiss Re today announced plans to create a central cyber underwriting team. John Coletti  from AXA XL, will join Swiss Re as head of Global Cyber. Maya Bundt, the current Head of Cyber Solutions, has decided to take on a newly created role...

Singapore rolls out SPAC rules as global scrutiny rises

by AIP Online Bureau | Sep 2, 2021 | Eco/Invest/Demography, International News

  Singapore: Singapore Exchange unveiled new rules allowing special purpose acquisition companies (SPACs) to list in the city-state, after easing some measures viewed as too strict by participants, as it seeks to tap a global trend in such listings. SGX’s...
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