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AIA buys BEA’s travel and general insurance services unit Blue Cross

by AIP Online Bureau | Mar 8, 2022 | International News, Non-Life, Reinsurance

BEA agreed to sell its medical, travel and general insurance services unit Blue Cross (Asia-Pacific) Insurance and all of its 80% interest in healthcare services unit Blue Care JV (BVI) Holdings to AIA to generate value for shareholders. Asia-focused AIA’s largest...

Environmental groups sue TotalEnergies over climate marketing claims

by AIP Online Bureau | Mar 8, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

The claim, which has been served on TotalEnergies and was to be filed before the Paris Judicial Court, concerns the company’s “reinvention” marketing campaign. Claimants say the campaign broke European consumer law by suggesting TotalEnergies can reach net-zero carbon...

Future Enterprises gets court nod for stake sale in Generali insurance venture

by AIP Online Bureau | Mar 8, 2022 | Indian News, Life, Non-Life

A Mumbai city court late last month put on hold Future’s planned sale of its 25% stake in Future Generali India Insurance Company to Generali for 12.52 billion rupees ($162.82 million), after a legal challenge from some bondholders of Future companies that had...
Growing urban population is both an opportunity and a challenge: PM Modi

Growing urban population is both an opportunity and a challenge: PM Modi

by AIP Online Bureau | Mar 8, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy

Prime Minister Narendra Modi He listed a vision for the growing cities of the country where the government is committed to providing increasingly more green transport, electric buses, electric cars and electric two-wheelers Pune: Prime Minister Narendra Modi on Sunday...

Global Covid caseload tops 447.6 million. fatalities surge past 6 million

by AIP Online Bureau | Mar 8, 2022 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance

The US continues to be the worst-hit country with the world’s highest number of cases and deaths at 79,339,202 and 960,310, according to the CSSE The second worst hit country in terms of cases is India (42,97,315 infections and 515,102 deaths), followed by...
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