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Narendra Bharindwal appointed as president of IBAI

Narendra Bharindwal appointed as president of IBAI

by AIP Online Bureau | Apr 4, 2025 | Indian News, Intermediaries, Life, Non-Life

Narendra Kumar Bharindwal, President, Insurance Brokers Association of India Led by US based Marsh, the largest re/insurance broker in the world, Indian re/insurance brokers manage almost over Rs50,000 crore of premiums annually. Over 95 per cent of premium is managed...
Chinese military conducts large-scale drills around Taiwan

Chinese military conducts large-scale drills around Taiwan

by AIP Online Bureau | Apr 3, 2025 | Eco/Invest/Demography, International News, Risk Management

China considers Taiwan a part of its territory, to be brought under its control by force if necessary, while most Taiwanese favor their de facto independence and democratic status. Any conflict could bring in the U.S., which maintains alliances in the region and is...

Developing countries’ climate targets at risk without enough finance from developed world India

by AIP Online Bureau | Apr 3, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy

Together, BRICS nations account for 47 per cent of the world’s population and contribute around 36 per cent of global GDP in purchasing power parity terms. By 2050, BRICS will play a key role in the energy sector, with 54 per cent of global oil production, 53 per cent...
Announcements by US to have substantial implications for global trade: WTO DG

Announcements by US to have substantial implications for global trade: WTO DG

by AIP Online Bureau | Apr 3, 2025 | Eco/Invest/Demography, International News, Non-Life, Policy, Risk Management

“While the situation is rapidly evolving, our initial estimates suggest that these measures, coupled with those introduced since the beginning of the year, could lead to an overall contraction of around 1 per cent in global merchandise trade volumes this year,...

Fitch cuts China’s credit rating on rising debt, weakening finances

by AIP Online Bureau | Apr 3, 2025 | Eco/Invest/Demography, International News, Policy, Risk Management

“The downgrade reflects our expectations of a continued weakening of China’s public finances and a rapidly rising public debt trajectory during the country’s economic transition,” Fitch said in a statement Global ratings agency Fitch on...
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