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Indian growth jumps in April-June, helped by looser pandemic curbs

by AIP Online Bureau | Aug 31, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic, Policy

  New Delhi: India's economy rebounded in the April-June quarter even while a devastating second wave of COVID-19 swept the country, with growth of over 20% compared to a year earlier driven by a surge in manufacturing and higher consumer spending. The...

Japan tests first autonomous cargo ship

by AIP Online Bureau | Aug 31, 2021 | Eco/Invest/Demography, International News, Non-Life, Technology

  In just two decades from now, half of all domestic ships plying Japan’s coastal waters may be piloting themselves. That’s the ambitious goal of the Nippon Foundation, a public-interest organization backing the country’s development of...

More than $19B in PE insurance sector M&A already at record high

by AIP Online Bureau | Aug 31, 2021 | Eco/Invest/Demography, International News

 Ali Imran NaqviAnnie Sabater Private equity and venture capital firms have been pouring capital into insurance companies despite the uncertainties about claims and losses from the pandemic. PE-backed M&A in the sector globally reached $19.28 billion in...

M&A in global insurance sector remain subdued during H1

by AIP Online Bureau | Aug 30, 2021 | Health, International News, Life, Non-Life

  Despite witnessing robust U.S.Mergers and acquisitions (M&A) activities, the global insurance industry fell 3% in the first half of 2021. There were  197 completed deals worldwide, down from 206 in the second half of 2020, said Clyde & Co.’s...

ELEMENT and Parametrix launch innovative cloud outage insurance in Europe

by AIP Online Bureau | Aug 30, 2021 | International News, Non-Life, Reinsurance, Technology

  Berlin, Aug 28: ELEMENT, Germany's only 100% cloud-based insurance company, announced a new partnership with US-based Parametrix Insurance – the first on an international level. Together the companies have launched a first-of-its-kind parametric...
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