by AIP Online Bureau | Sep 5, 2018 | International News, Reinsurance
PARIS: French reinsurer SCOR SE spurned an 8.3-billion-euro ($9.6 billion) unsolicited takeover offer from its biggest shareholder, a privately-held insurance company Covea, which said it’s still interested in pursuing a deal. SCOR shares climbed...
by AIP Online Bureau | Sep 4, 2018 | Indian News
New Delhi: Economic affairs secretary S.C. Garg on Tuesday said Life Insurance Corp (LIC) will explore an open offer in IDBI Bank. Market regulator, the Securities and Exchange Board of India, will decide on open offer exemption, he added. He also said the LIC...
by AIP Online Bureau | Sep 4, 2018 | Indian News
NEW DELHI: India is allowing state refiners to import Iranian oil with Tehran arranging tankers and insurance after firms including the country’s top shipper Shipping Corp of India (SCI) (SCI.NS) halted voyages to Iran due to U.S. sanctions, sources...
by AIP Online Bureau | Sep 4, 2018 | Indian News
New Delhi: The Centre said on Monday that the India Meteorological Department (IMD) had issued necessary severe weather warnings for Kerala rains last month, refuting the charge that there were lapses on its part. IMD representatives apprised the state...
by AIP Online Bureau | Sep 3, 2018 | Indian News
New Delhi: Over 1,400 people, including 488 in Kerala, have lost their lives due to rains, floods and landslides in 10 states so far in the monsoon season, the Home Ministry said Monday. According to the ministry's National Emergency Response...
