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‘By 2030, India might lead the world in almost every category’

by AIP Online Bureau | Aug 3, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Pandemic

  Washington: By 2030, India might lead the world in every category, a former top America's diplomat has said asserting that the two largest democracies of the world can do much together. “I look out at the year 2030, for example, and I see an India...

Aon’s looking at up to $1.4 bln in costs over scrapped Willis deal

by AIP Online Bureau | Aug 3, 2021 | Intermediaries, International News, Non-Life, Reinsurance

  Insurance broker Aon Plc said it could have to expend up to $400 million in additional costs tied to the termination of its mega merger deal with Willis Towers Watson, over and above the $1 billion it was required to pay. The extra costs, which would range...

Indian carmakers renew bid to delay tougher fuel efficiency rules -sources

by AIP Online Bureau | Aug 3, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Risk Management, Technology

  NEW DELHI: Indian automakers are making a renewed push for more time to meet tighter rules on fuel efficiency, aimed at reducing carbon emissions, as companies still reel from the financial impact of COVID-19, sources told Reuters. The industry body leading the...

Descartes Underwriting opening 2 offices in Asia-Pacific

by AIP Online Bureau | Aug 3, 2021 | International News, Non-Life, Reinsurance

  Paris: Paris based Descartes Underwriting will open 2 offices in Asia-Pacific this month to expand their parametric coverage to markets throughout the region. Robert Drysdale has joined as Head of Southeast Asia and will oversee the Singapore office. He brings 14...

Financial regulators urgently need to get a grip on ‘Big Tech’: BIS

by AIP Online Bureau | Aug 3, 2021 | Banking & Bancassurance, Eco/Invest/Demography, International News, Policy, Regulation, Risk Management

LONDON: Central banks and financial regulators urgently need to get to grips with the growing influence of 'Big Tech', according to top officials from central bank umbrella group the Bank for International Settlements (BIS). Global watchdogs are increasingly...
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