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FPIs pour in Rs 11,012 cr in April so far amid easing liquidity conditions

by AIP Online Bureau | Apr 21, 2019 | Uncategorized

Mumbai: Overseas investors have pumped in a net sum of Rs 11,012 crore into the Indian capital markets in April so far amid easing liquidity conditions globally.   Foreign portfolio investors (FPIs) were net buyers for the previous two months as well, infusing a...

Boeing Dreamliner plant ‘plagued by shoddy production,’ says NYT

by AIP Online Bureau | Apr 21, 2019 | International News, Risk Management

  Boeing Co.’s factory in North Charleston, S.C., one of two plants that produces the 787 Dreamliner, has faced problems with production and oversight that create a safety threat, the New York Times reported.   The Times cited a review of internal...

ICICI General insurance net at Rs 228 cr , up 7.5 %,in Q4 FY 2018-19

by AIP Online Bureau | Apr 19, 2019 | Indian News, Non-Life

  Mumbai: ICICI Lombard General Insurance Company, the country’s fourth largest general insuer, recorded a net profit of Rs 228 crore for the quarter ending March 2019, up 7.5 per cent over the year ago period.    For the financial year 2017-18,...

Munich Re Syndicate Singapore expands its Asian partnership

by AIP Online Bureau | Apr 19, 2019 | International News, Non-Life, Reinsurance

   Singapore: Munich Re Syndicate Singapore (MRSS) on Tuesday has announced the partnership with a new cover holder, Nectar Specialty Risk Pte, a Singapore incorporated limited liability company, committed to delivering bespoke (re)insurance solutions for...

Hannover Re scales back its exposure to coal-fired power plants

by AIP Online Bureau | Apr 19, 2019 | Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance

  Hannover:  Hannover Re is scaling back its exposure to coal-fired power plants and coal mines over the long term. In addition to excluding coal-based projects from its investment universe, the Group is now also adopting a more restrictive underwriting...
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