by AIP Online Bureau | Jun 5, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation
Central bank acquired acquired equity stake of 24.91 per cent of Future Generali India Insurance Company for Rs 451 crore. It also bought a 25.18 per cent stake in Future Generali India Life Insurance for a cash consideration of Rs 57 crore as part of the insolvency...
by AIP Online Bureau | Jun 4, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Risk Management
N Ramaswamy, CMD, GIC Re “Currently, due to the huge catastrophic risks involved, there is very limited reinsurance capacity available for hydro power plants. More often, catastrophic covers are sub-imited. With climate risks and rising frequency and...
by AIP Online Bureau | Jun 4, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology, Wealth Management/ Philanthropy
While crypto thefts are not new, the use of physical violence is a far more recent trend, said John Griffin, a finance professor at the University of Texas in Austin who tracks financial crimes. A man says he was tortured for weeks in a New York townhouse. Another in...
by AIP Online Bureau | Jun 4, 2025 | Eco/Invest/Demography, Intermediaries, International News, Policy, Risk Management
“Our survey showed supply chain disruptions were a concern to business owners, with 90% reporting they are concerned about the impact of tariffs on their businesses,” Chairman and CEO J. Patrick Gallagher told Reuters A majority of U.S. business owners are worried...
by AIP Online Bureau | Jun 4, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology
Smoke was initially seen rising from a deck loaded with EVs, the company said. It is not clear what brand of vehicles the ship was carrying. EV-related fires on ships are challenging to extinguish due to the heat generated and risk of reignition, which could persist...
