by AIP Online Bureau | Apr 28, 2019 | Eco/Invest/Demography, Indian News
New Delhi: Pre-monsoon rainfall from March to April, a phenomenon critical to agriculture in some parts of the country, has recorded 27 per cent deficiency, according to the India Meteorological Department (IMD). The IMD recorded 43.3 millimetres of...
by AIP Online Bureau | Apr 28, 2019 | Disaster & Management, Eco/Invest/Demography, Indian News
Chennai: Cyclone 'Fani' is very likely to intensify into a "severe cyclonic storm" in the next 12 hours and further soar into a "very severe cyclonic storm" in the next 24 hours, the Cyclone Warning Division of the MeT department...
by AIP Online Bureau | Apr 28, 2019 | Eco/Invest/Demography, International News, Risk Management
LONDON: Britain’s credit rating remains at risk of a further downgrade despite the extended deadline for its departure from the European Union, ratings agencies S&P Global Ratings and Fitch Ratings said on Friday.“The agreement between the EU...
by AIP Online Bureau | Apr 28, 2019 | International News, Reinsurance
PARIS: Reinsurer SCOR’s shareholders on Friday blocked an attempt by an activist fund to oust the company’s CEO, in a sign that activist investors are increasing pressure on French blue chips. Nearly three quarters of SCOR’s...
by AIP Online Bureau | Apr 26, 2019 | Non-Life
Mumbai: SBI General Insurance has achieved strong financial results with a profit before tax of Rs. 470 crores for FY 18-19 compared to Rs. 422 crores in the previous year. The company’s underwriting profit of Rs 79 crores in FY 18 – 19...
