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Acko gets $12-m funding from Amazon, others

by AIP Online Bureau | May 28, 2018 | Indian News

  NEW DELHI: Online insurance policy provider Acko on Sunday said it has received a funding of $12 million (about ₹81.2 crore), led by Amazon.   The latest funding has also seen participation from Chrys Capital founder Ashish Dhawan and existing...

Health and well-being programs fragmented, do not meet the needs of stressed Asia workforces: Willis

by AIP Online Bureau | May 28, 2018 | Articles, Health

  Hong Kong: By and large, employers in Asia still miss the mark when it comes to their health and well-being benefits, with many employees feeling that their needs are not met, according to research from leading global advisory, broking and...

Nephila climate & Allianz close proxy revenue swap for Australia solar farms

by AIP Online Bureau | May 27, 2018 | International News

  Bermuda: Nephila Climate, the weather and ESG-driven specialty division of Nephila Holdings Ltd., together with Allianz Global Corporate & Specialty SE’s alternative risk transfer unit (“Allianz”), announced today that they have closed a...

IPO market hots up as 3 dozen companies line up listings worth Rs 350 bn

by AIP Online Bureau | May 27, 2018 | Data

  New Delhi: The IPO lane seems to get busier as three dozen companies have lined up initial share sale plans worth Rs 350 billion in the coming months, largely to fund their expansion projects and working capital requirement.   These include six state-run...

FPIs’ bearish stance continues; net outflow at USD 4-bn in May

by AIP Online Bureau | May 27, 2018 | Data

    New Delhi:  Foreign investors have pulled out a massive USD 4 billion (over Rs 26,700 crore) from capital markets so far this month, primarily due to surge in global crude prices.   This comes after such investors had taken out more than Rs...
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