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Cigna abandons pursuit of Humana, plans $10 billion share buyback -sources

by AIP Online Bureau | Dec 11, 2023 | Eco/Invest/Demography, Health, International News

The deal talks ended due to the parties not being able to agree on price, two sources familiar with the situation said. There remains the possibility of a tie-up in the future, those sources said. Cigna, however, on Sunday announced plans to do an additional $10...
Nifty, Sensex break all records on Monday opening

Nifty, Sensex break all records on Monday opening

by AIP Online Bureau | Dec 11, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

After a brief two-day consolidation, the Nifty resumed its upward trajectory, advocating for a recommended trading strategy to retain long positions with a trailing stop-loss mechanism. Opening at 70,024.52, the Sensex surged 201.43 points, setting the tone for a...
MoF rejects unions’ concerns, stoutly defends ongoing restructuring of PSU general insurance cos

MoF rejects unions’ concerns, stoutly defends ongoing restructuring of PSU general insurance cos

by AIP Online Bureau | Dec 10, 2023 | Indian News, Non-Life

The PSU general insurance companies are board governed commercial entities operating in a competitive and regulated market. This entities are empowered to take appropriate decision in such a matter in compliance with regulatory framework and guidelines, said Bhagwat...

Cyclone Michaung: Economic and Insured losses of Chennai floods will be much less than 2015 event

by AIP Online Bureau | Dec 10, 2023 | Eco/Invest/Demography, Indian News, Life, Non-Life, Reinsurance

Preliminary estimate of  5th December devastation out of Cyclone Michaung  in Tamil Nadu indicate the economic losses of around Rs 12,000 crore for the state and insured losses limited between Rs 1,500 crore to Rs 2000 crore Chennai: With all its fury and...
Tesla cars will automatically call 911 if you get in a crash

Tesla cars will automatically call 911 if you get in a crash

by AIP Online Bureau | Dec 10, 2023 | Data, Risk Management, Technology

The company highlighted features like Apple Podcasts support, rear-screen Bluetooth headset support, an updated version of the park assistance with 3D visuals, and new blind spot indicators San Francisco: Elon Musk-run Tesla has announced a number of new updates,...
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