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Carlyle Group acquires 9 % stake in SBI Life for Rs 4365 cr

by AIP Online Bureau | Mar 1, 2019 | Indian News, Life

  Mumbai: Global investment firm the Carlyle Group today announced it has acquired a 9 per cent stake from BNP Paribas Cardif,the foreign partner in SBI Life Insurance for  a consideration of Rs 4365 crore.   The Carlyle group paid Rs 515 per...

First Singapore Cat Bond sets stage for ILS  expansion in Asia-Pacific 

by AIP Online Bureau | Feb 28, 2019 | Uncategorized

  Singapore: The first catastrophe bond has been issan ued out of Singapore. This highlights the potential of the insurance linked securities (ILS) market in the region, and is aligned with the city-state’s efforts to establish itself as a global hub for...

More than 1 million sexually transmitted infections acquired every day worldwide: WHO

by AIP Online Bureau | Feb 28, 2019 | Eco/Invest/Demography, Facts, Health

  Key facts More than 1 million sexually transmitted infections (STIs) are acquired every day worldwide. Each year, there are an estimated 357 million new infections with 1 of 4 STIs: chlamydia, gonorrhoea, syphilis and trichomoniasis. More than 500 million...

Insurer Group warns on property losses due to Climate Change

by AIP Online Bureau | Feb 28, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

  Insurers are increasingly worried that rising temperatures will lead to a slump in property values that could spark broader financial turmoil   Those were the conclusions a group run out of the University of Cambridge including some of the world’s...

US Supreme Court rejects Tobacco Firms’ Appeal on Smoker Lawsuits

by AIP Online Bureau | Feb 28, 2019 | Health, International News

  The U.S. Supreme Court turned away the tobacco industry’s effort to derail lawsuits by thousands of Florida smokers, leaving cigarette makers exposed to potentially billions of dollars in liability.   The justices on Monday rejected appeals by units...
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