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Chinese Insurer Ping An’s offshore unit reconsiders US exposure

Chinese Insurer Ping An’s offshore unit reconsiders US exposure

by AIP Online Bureau | Mar 23, 2026 | Eco/Invest/Demography, International News, Life, Non-Life

Ping An Overseas Holdings is building a portfolio of around $60 billion overseas, with some of that going to investment assets in the US, Tung said. “Now, we think about whether we should trim down a bit, even though the overall portfolio is still very small anyway.”...
Berkshire Hathaway to invest $1.8 Billion in Tokio Marine

Berkshire Hathaway to invest $1.8 Billion in Tokio Marine

by AIP Online Bureau | Mar 23, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The latest deal shows Berkshire is eager to win a slice of Japan’s thriving insurance business, an increasingly attractive market for foreign firms. KKR & Co., Apollo Global Management Inc. and other big international players have made moves to expand in the life...
Trump puts off threat for 5 days to bomb Iran power grid,Oil drops, Stocks recover

Trump puts off threat for 5 days to bomb Iran power grid,Oil drops, Stocks recover

by AIP Online Bureau | Mar 23, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

U.S. President Donald Trump On Saturday, Trump had warned that Iranian power plants would be destroyed if Tehran failed to “fully open” the Strait of Hormuz to all shipping within 48 hours. Trump set a deadline of around 7:44 p.m. EDT (2344 GMT) on Monday. U.S....
No proposal under consideration on merger of PSU banks: MoS Finance

No proposal under consideration on merger of PSU banks: MoS Finance

by AIP Online Bureau | Mar 23, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

The amalgamation of PSBs, as envisaged, has contributed to improving operational efficiency and financial soundness of banks through streamlining of operations and reduction in costs, thereby resulting in increasing consolidated business of banks, Minister of State...
Indian drugmakers flood market with cheaper versions of Novo’s Ozempic, Wegovy

Indian drugmakers flood market with cheaper versions of Novo’s Ozempic, Wegovy

by AIP Online Bureau | Mar 23, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life

Analysts expect more than 40 Indian drugmakers to launch over 50 cheaper variants.Large Indian drugmakers are racing to capture a share of the global obesity market, ​projected to be worth about $100 billion by the end of the decade. New Delhi:At least half a dozen...
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