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...
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...
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...
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...
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...