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Piyush Goyal named interim Finance Minister days before budget

by AIP Online Bureau | Jan 23, 2019 | Eco/Invest/Demography, Indian News

  NEW DELHI: Nine days ahead of the interim Budget, Railway Minister Piyush Goyal has been given additional charge of Finance and Corporate Affairs ministries in view of indisposition of Arun Jaitley, who is currently undergoing treatment abroad, an official...

Music team joins Miller to grow music and entertainment offering

by AIP Online Bureau | Jan 23, 2019 | International News, Reinsurance

  London: Miller has continued its rapid expansion into the entertainment market with the hire of four specialists in music insurance, led by Martin Goebbels, who is joined by Rose Burgess, Holly Leary and Pamela Choat.   Having worked together for many...

Govt may target disinvestment in the merged PSU insurer in 2019-20

by AIP Online Bureau | Jan 23, 2019 | Eco/Invest/Demography, Indian News, Non-Life

:  New Delhi: The Indian government is likely to seek to raise about 800 billion rupees ($11.21 billion) through the sale of state-owned assets in the next fiscal year, beginning April 1, two government sources with direct knowledge of budget discussions told...

HDFC Life net at Rs 913 cr, up 20 %, in Apr-Dec

by AIP Online Bureau | Jan 22, 2019 | Indian News, Life

  Mumbai: The net profit of  HDFC Life at Rs 913 crore, up 20 per cent, in the nine months ended in Dec 2018.   The net profit was Rs 762 crore in the corresponding period of 2017-18.   Total Premium of the life insurer had gone up 29 per cent from...

Weather catastrophes drive majority of $225 billion economic cost of natural perils in 2018 – Aon report

by AIP Online Bureau | Jan 22, 2019 | Disaster & Management, International News, Non-Life, Reinsurance, Risk Management

  Chicago: Aon's Weather, Climate & Catastrophe Insight: 2018 Annual Report reveals that 394 natural catastrophe events in 2018 generated economic losses of USD225 billion.   Of that total, private sector and government-sponsored insurance...
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