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Sebi seeks greater access to social media records to curb market violations

Sebi seeks greater access to social media records to curb market violations

by AIP Online Bureau | Feb 13, 2025 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

In its latest letter sent last week, Sebi said companies such as Meta Platforms’s WhatsApp have denied the regulator access to its social media group chats as the current information technology law does not identify the capital markets watchdog as an...
GIC Re makes a $25 million claim provisioning for LA wildfires, expands global biz 15% in Jan1 renewals

GIC Re makes a $25 million claim provisioning for LA wildfires, expands global biz 15% in Jan1 renewals

by AIP Online Bureau | Feb 12, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

`We have a small exposure for LA wildfires. It’s not major. Currently, we have provided about $25 million in our provisions. I tend to believe that this will come down, because these are very initial figures. We’ve still not received too many intimations...

Taiwan to deploy investment from insurance funds to help finance island’s green energy

by AIP Online Bureau | Feb 12, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Policy

Taiwan is phasing out coal-fired power stations and shifting to liquefied natural gas, as well as investing in solar and wind projects Taiwan aims to get more than $1.5 billion in investment from insurance funds to help finance the island’s green energy transition as...

EU to review corporate liability under Europe’s toughest ESG Law

by AIP Online Bureau | Feb 12, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Regulation, Risk Management

Plans to cut reporting requirements — especially for small and medium-sized companies — have been well-flagged, but officials are now also looking at ways to ease rules that require firms to clean up their value chains under the Corporate Sustainability Due Diligence...

China asks insurers to hold sufficient capital and liquidity

by AIP Online Bureau | Feb 12, 2025 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance

Companies should establish a concentration risk information disclosure mechanism and disclose annual concentration risk management information on their websites before June 15 each year, the regulator said China’s National Financial Regulatory Administration on...
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