by AIP Online Bureau | Feb 2, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Life, Non-Life, Risk Management
LONDON: Aviva Investors said on Monday it could ditch its stock and bond holdings in 30 of the world's biggest corporate emitters of carbon if their boards failed to take sufficient action over climate change.The move comes as asset managers including...
by AIP Online Bureau | Feb 2, 2021 | Eco/Invest/Demography, International News, Pension & Social Security, Regulation
New York: American International Group inc agreed on Monday to pay a $12 million civil fine to settle charges that it conducted life insurance business in New York without a license. The settlement is the second in a probe by the New York State Department of...
by AIP Online Bureau | Feb 2, 2021 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life
NEW DELHI: The Indian government on Monday said it plans to raise limits on how much foreign companies can invest in the country’s insurance industry, a move that could attract inflows from U.S. and European insurers. Finance Minister Nirmala Sitharaman...
by AIP Online Bureau | Feb 2, 2021 | Banking & Bancassurance, Indian News, Regulation, Risk Management, Technology
Mumbai: HDFC Bank on Tuesday said the Reserve Bank of India (RBI)has appointed an external IT firm for carrying out a special audit of its IT infrastructure in the aftermath of repeated service outages at the country's largest private sector lender over the...
by AIP Online Bureau | Feb 1, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Workplace/Employee Benefits
New Delhi: Finance Minister Nirmala Sitharaman on Monday provided Rs 35,000 crore towards COVID-19 vaccination in 2021-22 fiscal. "I have provided Rs 35,000 crore for COVID-19 vaccine in this year 2021-22. I'm committed to provide further funds if required....
