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Tokio Marine Kiln appoints Alexandros Ampatzis as Head of Marine in APAC

by AIP Online Bureau | Oct 28, 2024 | International News, Non-Life, Reinsurance

Alexandros Ampatzis, Head of Marine, APAC, said,“TMK’s market-leading offering, combined with its reputation for strong growth and innovation, makes it an exciting time to be joining the business. There are impressive ambitions to grow the proposition even further and...

Consumers exploring both luxury sustainable mobility alternatives Survey

by AIP Online Bureau | Oct 28, 2024 | Data, Eco/Invest/Demography, Technology

This growing alignment with hybrids suggests that consumers are exploring sustainable options, while waiting for more robust EV infrastructure and incentives, the survey found New Delhi: Consumers are exploring both luxury and sustainable alternatives, setting the...
Lockton acquires Arihant Insurance Broker, receives IRDAI approval

Lockton acquires Arihant Insurance Broker, receives IRDAI approval

by AIP Online Bureau | Oct 27, 2024 | Indian News, Intermediaries, Life, Non-Life, Regulation, Reinsurance, Risk Management

Lockton, the world’s largest independent insurance brokerage, had announced its entry into the Indian market in January this year and had acquired Arihant Insurance Brokers in June from Arihant Capital Market Ltd. Hyderabad: US based Lockton is now a licensed...
At least 50 Indian flights receive bomb threats; 2 diverted on Sunday

At least 50 Indian flights receive bomb threats; 2 diverted on Sunday

by AIP Online Bureau | Oct 27, 2024 | Indian News, Risk Management

In 14 days, more than 350 flights operated by the Indian carriers have received hoax bomb threats. Most of the threats were issued through social media At least two IndiGo flights were diverted following threats. Its flight 6E 133 (Pune to Jodhpur) was diverted to...
Cryptocurrencies huge risks to financial stability, RBI Governor

Cryptocurrencies huge risks to financial stability, RBI Governor

by AIP Online Bureau | Oct 27, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Technology, Wealth Management/ Philanthropy

Shantikanta Das,Governor, Reserve Bank of India “I am actually of the opinion that this is something which should not be allowed to dominate the financial system. Because it has huge financial stability risks, it has huge monetary stability risks, it also poses...
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