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IRDAI unveils draft norms on shareholders’ compensation post M & A of insurers

by AIP Online Bureau | Nov 5, 2020 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Reinsurance

  Hyderabad: The insurance regulator IRDAI has prepared a set of draft regulations for providing compensation to the shareholders whose rights against the acquiring insurer stand reduced in case of amalgamation after any  merger and...

IRDAI forms panel to modify engineering retail segment products 

by AIP Online Bureau | Nov 5, 2020 | Indian News, Non-Life, Regulation, Reinsurance, Risk Management

  Hyderabad: The insurance regulator IRDA has constituted  a panel, with .R Chandrasekaran, former secretary general of General Insurnace Council, as its chairperson, to revisit the engineering products (which are as per the erstwhile tariffs) for...

Threat of crackdown on U.S. insurers fades as political ‘Blue Wave’ sputters

by AIP Online Bureau | Nov 5, 2020 | Eco/Invest/Demography, Health, International News, Life, Non-Life, Policy

NEW YORK: Insurers in US appear to have dodged a revival of strict regulations and policy upheavals after an anticipated Democratic “Blue Wave,” which would have allowed progressives to push for broad reforms, failed to materialize on Wednesday, said...

Biden vows to rejoin Paris Climate Agreement

by AIP Online Bureau | Nov 5, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

Washington: Democratic presidential candidate Joe Biden has pledged that his administration would rejoin the historic Paris Agreement on climate change. Biden, 77, has not won the presidential elections yet, but is inching closer to be declared the winner by garnering...

Shifting global supply chain can add $63 billion of prms in 5-yrs: Swiss Re 

by AIP Online Bureau | Nov 5, 2020 | Eco/Invest/Demography, International News, Non-Life, Pandemic, Reinsurance

Singapore: Rising US-China trade tensions and the sudden appearance of COVID-19 has triggered a slow shift towards improving the resilience of the global supply chain over the past few years and estimates by the Swiss Re suggest the emerging parallel supply...
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