by AIP Online Bureau | Jul 31, 2019 | International News, Non-Life, Reinsurance
Zurich: Swiss Re’s first-half net profit fell 5.3%, as claims relating to the Ethiopian Airlines crash and the subsequent grounding of the Boeing 737 MAX, plus natural catastrophes took their toll. The world’s second-largest reinsurance...
by AIP Online Bureau | Jul 31, 2019 | Eco/Invest/Demography, International News
New DelhI: Parliament on Tuesday cleared amendments to the companies law that will tighten norms pertaining to CSR spending for corporates, strengthen enforcement provisions and help unclog National Company Law Tribunal. Rajya Sabha passed the Companies...
by AIP Online Bureau | Jul 31, 2019 | Indian News, Non-Life, Reinsurance
Mumbai: In a bid to provide larger support to the $ 5 trillion bound Indian economy, the state owned reinsurer GIC Re has raised its capacity for a single property cover to Rs 3500 crore from Rs 2500 crore in the Indian market. ...
by AIP Online Bureau | Jul 30, 2019 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Munich: A striking feature of the loss statistics for the first half of 2019 is the high proportion of losses affecting poorer countries. Three of the five costliest disasters affected emerging and developing countries, said Munich Re on Tuesday.These...
by AIP Online Bureau | Jul 30, 2019 | Uncategorized
New Delhi: Labour Minister Santosh Kumar Gangwar on Tuesday said in Lok Sabha that the Wages Code Bill will enable introduction of minimum wage for every worker besides addressing issues concerning delay in payment to employees. The Code on Wages Bill, 2019,...
