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Arun Jaitley unlikely to remain Indian finance minister in Modi’s new term: Sources 

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

  NEW DELHI: India's Finance Minister Arun Jaitley is unlikely to continue in his current role due to poor health as Prime Minister Narendra Modi begins his second term, according to four sources with knowledge of the matter.    If he hangs his...

Decisive NDA mandate raises expectation of a higher pace of economic reforms

by AIP Online Bureau | May 24, 2019 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life

  Mumbai: A historic mandate for the National Democratic Alliance (NDA), that has won over 350 seats in the Indian general election, on Thursday, has raised expectations of a higher pace of economic reforms.    It was spectacular day for the Indian...

EU’s landmark Data Privacy Law, GDPR, already providing Global Standard

by AIP Online Bureau | May 23, 2019 | Eco/Invest/Demography, International News, Risk Management, Technology

A landmark European privacy law is making waves worldwide a year after it came into force, fundamentally changing the way data are handled as Facebook, Apple and Google face increasingly frequent complaints.   Adopted on May 25 last year, the General Data...

GIC Re’s global premium rises to Rs 44,238 cr in 2018-19, profit falls on higher tax provisioning

by AIP Online Bureau | May 23, 2019 | Indian News, Reinsurance

  Mumbai: Despite having higher premiums and investment income, state owned GIC Re on Thursday reported a 19.7 per cent fall in its net profit at Rs 603.37 crore in the last quarter of the fiscal ended March 2019,due to higher tax provisioning.The...

Lloyd’s of London plans to merge governance bodies -source

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

  London: Lloyd’s of London is proposing merging two of its governance bodies, the council and the board which together oversee the insurance market, to reduce overlap, a source familiar with the matter said.   The proposal has been put out for...
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