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Saudi Arabia’s regulator plans to raise capital requirements for insurers

by AIP Online Bureau | Feb 24, 2020 | Eco/Invest/Demography, International News, Life, Non-Life

  Saudi Arabia is working on new regulations that would raise capital requirements for the kingdom’s overcrowded insurance sector, its central bank governor said in an interview with Bloomberg TV.   The new rules would “make the market more...

Dow plunges over 800 points as coronavirus cases spike outside China

by AIP Online Bureau | Feb 24, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News

  On Monday, fears that the coronavirus outbreak in China will grow into a pandemic with disruptive and deadly consequences for countries across the globe spooked most equity markets. The virus, which has killed 2,442 people in China, has reportedly spread to 28...

Aon aligns leadership team, appoints Andersen as President

by AIP Online Bureau | Feb 24, 2020 | Intermediaries, International News, Risk Management

  Chicago: Eric Andersen is named president of Aon, reporting to Greg Case, the firm's CEO, as Aon continues to accelerate execution on its Aon United Blueprint.   Andersen will lead an internal and external search to appoint regional CEOs who will be...

Sensex tanks 807pts as coronavirus alarm spreads, Rs 3 lakh crore investor wealth lost

by AIP Online Bureau | Feb 24, 2020 | Eco/Invest/Demography, Indian News

  Mumbai: Indian stock benchmark Sensex on Monday sank nearly 807 points, the second biggest single-day fall this year, tracking sell-offs in global markets as coronavirus cases rose exponentially outside China.   Starting off on a weaker note, the BSE gauge...

Indian CEOs need to build their own inclusive tech solutions: Nadella

by AIP Online Bureau | Feb 24, 2020 | Eco/Invest/Demography, Indian News, Technology

  Mumbai: Microsoft chief executive Satya Nadella on Monday urged Indian business leaders to build technology capabilities that are inclusive in nature.   Beginning his three-day visit to India, Nadella was addressing Microsoft's Future Decoded CEO...
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