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FPIs pull out Rs 3,207 crore in May so far

by AIP Online Bureau | May 12, 2019 | Eco/Invest/Demography, Indian News

  Mumbai: Reversing their three-month buying streak, foreign investors pulled out a net Rs 3,207 crore from the Indian capital markets in the first seven trading sessions of May amid the US-China trade tensions and uncertainty over the election results.  ...

Curv Partners with Munich Re to Commodify Digital Asset Insurance for Institutional Customers 

by AIP Online Bureau | May 11, 2019 | International News, Reinsurance, Technology

NEW YORK and TEL AVIV:  Israel, May 10, 2019 /PRNewswire/ — Curv, the cryptography pioneer securing the digital economy, announced a new partnership with Munich Re, one of the world's leading providers of reinsurance, to provide insurance...

G7 countries to simulate cross-border cyber attack next month: France

by AIP Online Bureau | May 11, 2019 | Eco/Invest/Demography, International News, Risk Management

PARIS:  Leading Western industrial powers will for the first time jointly simulate a major cross-border cyber security attack on the financial sector next month, French officials said on Friday.   The exercise, organized by the French central bank under...

U.S. warns merchant ships of possible Iranian attacks; cleric threatens U.S. fleet

by AIP Online Bureau | May 11, 2019 | Eco/Invest/Demography, International News, Risk Management

LONDON/DUBAI: Iran could target U.S. commercial ships including oil tankers, the U.S. Maritime Administration said on Friday, as a senior Iranian cleric said a U.S. Navy fleet could be “destroyed with one missile.”   In the latest tense exchange...

BoI to sell 25.05% stake in its life insurance joint venture

by AIP Online Bureau | May 10, 2019 | Banking & Bancassurance, Indian News, Life

  Mumbai: State run Bank of India(BoI) on Friday said, it plans to sell its 25.05 per cent stake in its decade old life insurance venture joint venture Star Union Dai-ichi Life Insurance(SUD).   In its request for proposal (RFP), the bank said  it is...
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