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China pledges to ‘sharply’ expand financial market opening as trade talks loom

by AIP Online Bureau | Mar 28, 2019 | Eco/Invest/Demography, International News

  BOAO, China: China will sharply expand market access for foreign banks and securities and insurance companies, especially in its financial services sector, Premier Li Keqiang said on Thursday.The government will also work on more favorable policies for foreign...

Japan extends state-backed insurance for Iran oil imports-govt official

by AIP Online Bureau | Mar 28, 2019 | International News

TOKYO: Japan has extended state-backed insurance to cover imports of oil from Iran, potentially allowing the country’s refiners to continue loading crude cargoes from the Middle Eastern nation, a government official told Reuters on Thursday.   The rollover...

Lloyd’s of London suffers 1 billion pound loss in 2018

by AIP Online Bureau | Mar 28, 2019 | International News, Reinsurance

London: Loyd's of London recorded a loss of 1 billion pounds in 2018 due to major natural catastrophes, it said on Wednesday.   The 330-year old insurance market suffered a 2 billion pound loss in 2017.   A string of natural catastrophes around the...

NIA chief says certain pvt players distorting motor market, outlines his agenda for the Co 

by AIP Online Bureau | Mar 27, 2019 | Indian News, Non-Life

Mumbai: The newly appointed CMD of New India Assurance, Atul Sahai, has expressed his concern over the ongoing alleged market practices, resorted to, by some of the companies  violating the existing regulations in growing their motor business, the largest...

Lloyd’s of London issues anti-harassment plan

by AIP Online Bureau | Mar 26, 2019 | International News, Risk Management

London: Lloyd’s of London outlined a plan to address allegations of sexual harassment by setting up an independent whistleblower hotline and laying out potential lifetime bans for inappropriate behaviour.   The proposals were agreed upon at an emergency...
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