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India expands Russian insurers’ pool after US sanctions

India expands Russian insurers’ pool after US sanctions

by AIP Online Bureau | Jan 22, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

As well as extending approvals for some sanctioned providers, India’s Directorate General of Shipping authorized Soglasie Insurance Co. to provide insurance for vessels entering Indian ports until February 2026, according to to the regulator’s website. As Soglasie...

Budget FY25-26 : Taxpayers seek income tax cuts – Survey

by AIP Online Bureau | Jan 22, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Grant Thornton Bharat, Partner, Akhil Chandna said an increase in NPS tax deduction limits and more flexible NPS withdrawal rules would certainly promote retirement savings in the hands of taxpayers New Delhi: As many as 57 per cent of individual taxpayers want taxes...
India’s AUM of wealth management industry to expand by $1.6 trillion over FY24-29: Deloitte report

India’s AUM of wealth management industry to expand by $1.6 trillion over FY24-29: Deloitte report

by AIP Online Bureau | Jan 22, 2025 | Data, Wealth Management/ Philanthropy

The report estimates that demand for wealth management services in terms of assets under management (AUM) will almost double, climbing from US$1.1 trillion in FY24 to US$2.3 trillion by FY29 New Delhi: Deloitte India’s latest report, “Financial Wealth Management...
Indian economy to grow 7% in FY25, robust expansion to drive insurance premium growth, says Moody’s

Indian economy to grow 7% in FY25, robust expansion to drive insurance premium growth, says Moody’s

by AIP Online Bureau | Jan 21, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation

“India’s private sector insurers continue to reinforce their solvency, but we expect some pressure on their capital adequacy because of increased underwriting exposure and regulatory changes,” Moody’s said New Delhi: Moody’s Ratings on...

Resilience is key to thriving in today’s volatile world: WEF CEO

by AIP Online Bureau | Jan 21, 2025 | Eco/Invest/Demography, International News, Policy, Risk Management

According to the white paper, as volatility and compounding risks rise, leaders are learning first-hand that the ability to navigate and adapt continuously to complex macroeconomic and geopolitical dynamics is crucial for shaping resilient strategies Davos: As global...
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