by AIP Online Bureau | Jan 28, 2021 | Eco/Invest/Demography, Health, International News, Life, Non-Life, Reinsurance
Brookfield Business Partners’ $1.2bn private equity with Genworth MI Canada was the insurance industry’s biggest cross border deal of Q4 2020 as cross border deals worth $5.27bn were announced globally in the quarter, according to GlobalData’s...
by AIP Online Bureau | Jan 28, 2021 | Eco/Invest/Demography, International News
LONDON: Global demand for gold fell to its lowest in 11 years in 2020 as the coronavirus upended the market, triggering huge stockpiling by investors but collapsing sales of jewellery and purchases by central banks, an industry report said on Thursday. The...
by AIP Online Bureau | Jan 28, 2021 | Eco/Invest/Demography, Indian News
Mumbai: Leading private sector life insurer ICICI Prudential on Wednesday reported a marginal 1.3 per cent growth in net profit at Rs 306 crore for the three months to December on higher tax outgo, which whittled down the massive investment gains. But the...
by AIP Online Bureau | Jan 28, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pension & Social Security, Risk Management
AstraZeneca PLC was sued by a pension fund on behalf of investors who it says suffered losses because of flaws in the company’s testing of its coronavirus vaccine. For much of last year, the Cambridge, England-based pharmaceutical company was touting...
by AIP Online Bureau | Jan 28, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
European regulators need to overhaul their capital rules to free up insurers to invest more in climate-friendly infrastructure projects, the chief executive of German insurer Allianz said on Wednesday. “Today, the regulatory framework we have in Europe has...
