by AIP Online Bureau | Mar 11, 2022 | Indian News, Life, Non-Life, Regulation
The appointments committee of the cabinet (ACC) has approved the appointment of Joshi as member, IRDAI, for three years, said a DoPT order The post had fallen vacant following the retirement of Pravin Kutumbe after completing his three-year tenure in March 2021 New...
by AIP Online Bureau | Mar 11, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“Based on the latest legislative requirements taking effect in the United Kingdom, the European Union and United States, LR has confirmed that it will disengage from the provision of all services to Russian owned, controlled or managed assets or companies,” it said in...
by AIP Online Bureau | Mar 11, 2022 | Intermediaries, International News, Non-Life, Reinsurance
Dan Glaser, President and CEO, Marsh McLennan, said, “We condemn the unprovoked attack by the Russian government against the people of Ukraine. Having watched with horror the tragic human toll in Ukraine, we feel compelled to take this action. We intend to transfer...
by AIP Online Bureau | Mar 11, 2022 | Eco/Invest/Demography, Indian News, Non-Life
“Continuing supply-side challenges like semiconductor shortages, increase in cost due to new regulations, higher commodity prices and higher logistics cost, etc., have impacted overall sales in the auto industry,” Society of Indian Automobile Manufacturers...
by AIP Online Bureau | Mar 11, 2022 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance
Because of its large population, India alone accounted for an estimated 22% — or 4.1 million — of the global deaths. The U.S. and Russia were the next highest with 1.1 million each, followed by Mexico, Brazil and Indonesia “At the global level, this is...
