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French activist fund seeks to remove SCOR CEO from board

by AIP Online Bureau | Mar 26, 2019 | International News, Reinsurance

  PARIS: French activist fund CIAM will ask reinsurance company SCOR’s CEO Denis Kessler to surrender the chairmanship of the company’s board after he thwarted a takeover attempt earlier this year.   CIAM, which has just under one percent of...

Marsh & McLennan receives final regulatory approvals on buying JLT on April 1

by AIP Online Bureau | Mar 26, 2019 | Intermediaries, International News, Regulation

  The European Commission has approved its $5.6 billion acquisition of Jardine Lloyd Thompson Group plc, said Marsh & McLennan Cos. (MMC) March 22 t.   With the approvals from European Commission, all regulatory and competition authority approvals...

Relationship between Boeing, FAA Safety Regulators under scrutiny

by AIP Online Bureau | Mar 26, 2019 | International News, Risk Management

  Soon after Lion Air Flight 610 plummeted into the Java Sea last October, killing all 189 people aboard, Boeing Co. began to point gingerly toward mistakes the airline may have made.   A preliminary report by Indonesian authorities recounted the trouble...

‘87% women would quit over sexual harassment, bias in hiring’

by AIP Online Bureau | Mar 25, 2019 | Eco/Invest/Demography, Facts, Workplace/Employee Benefits

  In the wake of various public allegations of misconduct a recent survey has revealed that 87 percent of women would be likely to leave their job if a gender-based scandal like sexual harassment, bias in hiring among others occurred at the company they work for....

Prudential Holdings to sell up to 3.71% in ICICI Pru Life to raise Rs 1,600 cr

by AIP Online Bureau | Mar 25, 2019 | Indian News, Life

   Mumbai: Prudential Corporation Holdings Ltd plans to sell up to 3.71 per cent stake in ICICI Prudential Life Insurance Co Ltd to raise nearly Rs 1,600 crore. The offer for sale of shares by the promoter begins on Tuesday.   "Prudential...
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