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Britain may go for a hard Brexit as May quits

by AIP Online Bureau | May 24, 2019 | Eco/Invest/Demography, International News, Risk Management

  London: Fighting back tears, Theresa May said on Friday she would quit, setting up a contest that will install a new British prime minister who could pursue a cleaner break with the European Union.   May’s departure deepens the Brexit crisis as a new...

As many as 8 Hurricanes Forecast for ‘Near Normal’ 2019 Hurricane Season

by AIP Online Bureau | May 24, 2019 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

As many as 8 hurricanes may form in the Atlantic in 2019, a “near normal” season following two years of storms that have left a trail of death and destruction in the Caribbean and U.S. coast.   Nine to 15 named storms are forecast during the six-month...

Weinstein, accusers reach tentative $44 million deal, WSJ

by AIP Online Bureau | May 24, 2019 | International News, Risk Management

New York: Harvey Weinstein, women who accused him of sexual misconduct, his former film studio’s board members and the New York attorney general’s office have reached a tentative $44 million deal to resolve lawsuits and compensate alleged victims of the...

HR Khan panel suggests significant changes to FPI regulations

by AIP Online Bureau | May 24, 2019 | Eco/Invest/Demography, Indian News

  Mumbai: A SEBI-constituted panel has proposed significant changes to norms governing foreign portfolio investors, including simplified registration requirements for certain categories and barring entities that fail to furnish beneficial ownership details....

Investor wealth rises Rs 2.53 lakh crore as markets surge after BJP victory

by AIP Online Bureau | May 24, 2019 | Eco/Invest/Demography, Indian News

  Mumbai: Investor wealth increased by Rs 2.53 lakh crore on Friday as the Sensex shot up over 623 points after Prime Minister Narendra Modi's victory in the Lok Sabha elections. The BSE benchmark closed at 39,434.72, up 623.33 points or 1.61 per cent. During...
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