by AIP Online Bureau | Dec 18, 2024 | Eco/Invest/Demography, International News, Policy
U.S. central bankers now project they will make just two quarter-percentage-point rate reductions by the end of 2025 WASHINGTON: The U.S. Federal Reserve cut interest rates on Wednesday and signaled it will slow the pace at which borrowing costs fall any further,...
by AIP Online Bureau | Dec 18, 2024 | Climate, Environment, Renewable Energy, Indian News, Policy, Risk Management
Farmers with less than two acres of land now have to pay environmental compensation of Rs 5,000, up from Rs 2,500. And those with land between two and five acres are fined Rs 10,000 instead of Rs 5,000 New Delhi: The government plans to make open burning of...
by AIP Online Bureau | Dec 18, 2024 | Banking & Bancassurance, Indian News, Life
“Bancassurance was a missing link in our structure and we have started exploring the possibility with IndusInd Bank and we are already in dialogue to strike a win-win deal for all stakeholders,” Reliance Nippon Life Insurance CEO Ashish Vohra Mumbai:...
by AIP Online Bureau | Dec 18, 2024 | Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Technology
In 2024, premium rate change in the US cyber insurance market has fallen to below zero, marking the onset of a soft market. While premium growth stagnated, so did loss ratios, with a 3-point reduction in cyber market loss ratio to 41.6%. Houston, TX: Annual 2024 US...
by AIP Online Bureau | Dec 18, 2024 | Indian News
The Neelkamal ferry, with 80 persons and five crew members on board, was on way to Elephanta Islands, a popular tourist destination near Mumbai, when the speed boat circled it before crashing into it, a viral video of the accident shows Mumbai: Two passengers died and...
