by AIP Online Bureau | Feb 26, 2022 | International News, Non-Life, Reinsurance, Risk Management
“Further sanctions may impact the ability of international insurers and reinsurers to underwrite Russian risks or make it more difficult for them to service claims on existing policies,” said Anna Sheremeteva, financial analyst, AM Best LONDON: International rating...
by AIP Online Bureau | Feb 25, 2022 | Indian News, Non-Life, Reinsurance, Risk Management
Tata had begun preliminary discussions with the planemakers and lessors for jets including Airbus A350-900s and Boeing 787-9 Dreamliners, citing people familiar with the matter New Delhi: Planemakers Boeing Co and Airbus SE have met executives from India’s Tata...
by AIP Online Bureau | Feb 25, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Ship insurers have quoted the additional premium rate for seven days at anywhere between 1% to 2% and up to 5% of insurance costs, from an estimated 0.025% on Monday before Russia’s invasion began, according to indicative rates from marine insurance sources This...
by AIP Online Bureau | Feb 25, 2022 | Indian News, Wealth Management/ Philanthropy
“Global markets including Indian equities witnessed a smart pull back after yesterday’s crash as the new sanction imposed by US and UK appeared to be less severe for the Russian economy,” said Siddhartha Khemka, Head – Retail Research, Motilal...
by AIP Online Bureau | Feb 25, 2022 | Life, Policy, Wealth Management/ Philanthropy
As per Sebi rules, both FPI and FDI are permitted under public offer. However, since the LIC Act has no provision for foreign investments, there is a need to align the proposed LIC IPO with Sebi norms regarding foreign investor participation New Delhi: The Union...
