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Ping An ranks 7th on Forbes’ ‘Global 2000’ List

by AIP Online Bureau | May 17, 2019 | Eco/Invest/Demography, International News, Non-Life

SHANGHAI and HONG KONG: On 15 May 2019, Forbes magazine released its "Global 2000" rankings for listed companies. Benefitting from steady growth in operating income, profit, assets and market capitalization, Ping An has moved up to 7th position in the 2018...

IRDAI unveils norms on exclusions in health covers, new products from 1st April, 2020

by AIP Online Bureau | May 17, 2019 | Health, Indian News, Non-Life, Regulation, Technology

  Hyderabad: In a bid to rationalise and standardise the exclusions in health Insurance covers IRDAI on Thursday has proposed  a new set of norms for all the health insurance products excluding personal accident, domestic and overseas travel policies. All...

Commercial insurance prices up 3% globally, 1.1% in U.S. in Q1: Marsh

by AIP Online Bureau | May 16, 2019 | International News, Non-Life

   Average global commercial insurance prices increased 3 per cent in the first quarter of2019, according to broker Marsh.   This represents the sixth consecutive quarter of average commercial insurance pricing increases, Marsh said in its Global...

Advisory firms urge ‘No’ vote on AIG execs’ pay packages

by AIP Online Bureau | May 16, 2019 | Eco/Invest/Demography, International News, Non-Life

American International Group Inc. shareholders should vote against compensation packages for top executives at the insurer’s annual meeting next week, according to two advisory firms that hold sway over investor votes.   Institutional Shareholder Services...

U.S. blacklisting of China’s Huawei to disrupt Global Technology Supply Chain

by AIP Online Bureau | May 16, 2019 | Eco/Invest/Demography, International News, Risk Management

  The latest U.S. broadside against Huawei that puts the Chinese firm on an exports blacklist threatens to rattle the global tech supply chain, linked closely to the $105 billion business of the world’s top supplier of telecoms network equipment.   The...
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