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“International reinsurers have taken a cautious stance & we have not seen an increase in competition in an already competitive Indian market”

by AIP Online Bureau | Mar 19, 2018 | Interviews, Reinsurance

  Now that you have set up branch operations, what are your plans for the Indian market? Receiving the R3 authorization from the IRDAI to establish a SCOR branch in India marks a milestone for the Group in terms of solidifying its presence in the country, where...

Water may exist in Earth’s lower mantle, shows diamonds study

by AIP Online Bureau | Mar 18, 2018 | Facts

WASHINGTON: Water may be more common than expected at extreme depths within Earth's lower mantle – approaching 640 kilometres and possibly beyond, a study of diamonds from across the world has found.    The oceans have been measured to a maximum...

India:FPIs pour Rs 64 bn in equities on easing oil prices, earnings expectations

by AIP Online Bureau | Mar 18, 2018 | Data

New Delhi: After pulling out massive funds from Indian equities last month, overseas investors have pumped in nearly Rs 64 billion in the segment in March so far on expectations of rebound in corporate earnings and easing of global oil prices.   However, they...

Corporate Affairs Ministry mulls proposal to collect passport details of directors

by AIP Online Bureau | Mar 18, 2018 | Indian News, Risk Management

New Delhi: Ministry of Corporate Affairs is considering a proposal to seek passport details of all individuals, who have permitted to serve as directors on the board of companies in a bid to prevent loan defaulters like Nirav Modi and Mehul Choksi leaving the...

Facebook: Zuckerberg deploys ‘secret police’ to punish information leakers

by AIP Online Bureau | Mar 17, 2018 | Facts, Risk Management

Facebook CEO Mark Zuckerberg has reportedly deployed "secret police" to catch and punish information leakers at his company.   According to a report in The Guardian, an unnamed employee was called to a meeting in 2017 under the guise of a promotion....
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