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Peak Re raises $50 million through its second Cat bond

Peak Re raises $50 million through its second Cat bond

by AIP Online Bureau | May 1, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Franz-Josef Hahn, CEO, Peak Re For the first time, India has been included in a 144A catastrophe bond, expanding risk transfer to one of the region’s fastest growing and most dynamic markets Hong Kong: Peak Reinsurance Company (Peak Re) has raised $50 million through...
DIFC records a 35% jump in gross written premiums from $ 2.6bn to $ 3.5bn in 2024

DIFC records a 35% jump in gross written premiums from $ 2.6bn to $ 3.5bn in 2024

by AIP Online Bureau | May 1, 2025 | Eco/Invest/Demography, International News, Reinsurance

Arif Amiri, Chief Executive Officer of DIFC Authority, said, “With over 125 insurance and reinsurance entities having their operations in DIFC , it is well positioned to broaden and deepen its role as the region’s leading insurance hub. With its progressive and...

Large-cap funds delivered better returns than Nifty; Small-cap funds struggled in March: Report

by AIP Online Bureau | May 1, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

It said “Out of the 298 open-ended equity diversified funds, about 38.64 per cent of the funds were able to outperform their respective benchmarks over the past one month, ended March 31st, 2025”. Mumbai:In a mixed month for equity mutual funds, 38.64 per cent of...
Gold demand in India declined 15% in Q1-2025 amid high prices: WGC

Gold demand in India declined 15% in Q1-2025 amid high prices: WGC

by AIP Online Bureau | May 1, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Gold prices have risen 25 per cent since the beginning of 2025, approaching the key psychological threshold of Rs 1,00,000 per 10 grams, affecting consumer buying patterns. New Delhi: India’s gold demand witnessed a 15 per cent on-year decline to 118.1 tonnes in...
AUM share of Mumbai, Delhi up despite uncertain markets; share of top cities declines marginally: Report

AUM share of Mumbai, Delhi up despite uncertain markets; share of top cities declines marginally: Report

by AIP Online Bureau | May 1, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Despite this overall dip, Mumbai and Delhi saw a growth of 0.11 per cent in their AUM share, reaching 39.65 per cent of the total Pan-India AUM. This share was 39.37 per cent in March 2024, 41.23 per cent in March 2023, and 43.49 per cent in March 2022. New Delhi:The...
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