by AIP Online Bureau | Sep 2, 2019 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance
The Bahamas felt the full-force of Dorian as a strong Category 5 storm, resulting in significant damage for some islands, while the Florida coast is now at-risk of hurricane force winds, storm surge and torrential rains as Dorian curves northwards. ...
by AIP Online Bureau | Sep 2, 2019 | International News, Non-Life, Reinsurance
London: ArgoGlobal, the Lloyd’s insurer and member of Argo Group, today announced plans to exit Syndicate 1200 underwriting operations in Asia and most of its hull underwriting business within the syndicate. All existing policies remain valid and the company...
by AIP Online Bureau | Sep 1, 2019 | Eco/Invest/Demography, Indian News, Non-Life
New Delhi: The auto sales in the country remain depressed in the month of August. Auto industry body SIAM sought immediate steps from the government, including reduction in GST rates and initiation of scrappage policy, as sales continued to plummet with...
by AIP Online Bureau | Sep 1, 2019 | Eco/Invest/Demography, Indian News, Non-Life, Technology
New Delhi: Maruti Suzuki India, which plans to launch is first electric vehicle (EV) in the country next year, is finding cost of EVs to be prohibitive for mass adoption besides charging infrastructure proving to be a big issue, according to a senior company...
by AIP Online Bureau | Sep 1, 2019 | Eco/Invest/Demography, Indian News
Mumbai: Foreign investors pulled out a net amount of Rs 5,920 crore from the Indian capital markets in August even as the government rolled back enhanced surcharge on FPIs last week. The withdrawal from the capital markets (both equity and debt) in...
