by AIP Online Bureau | Apr 25, 2022 | Eco/Invest/Demography, Indian News, Life, Wealth Management/ Philanthropy
The LIC board will meet Tuesday to decide the launch dates for its IPO along with the discount to be offered to policyholders, employees and retail shareholders LIC’s board on Saturday approved selling a 3.5% stake for about Rs 210 billion ($2.8 billion), far...
by AIP Online Bureau | Apr 25, 2022 | Indian News, Life, Non-Life
RCL has 8 businesses that are on the block. This includes general insurance, life insurance, health insurance, securities business, and asset reconstruction among others Some of the prominent bidders of RCL are ICICI Lombard, Tata AIG, HDFC Ergo, Nippon Life...
by AIP Online Bureau | Apr 25, 2022 | Eco/Invest/Demography, Facts
With India betting on young workers to drive growth in one of the world’s fastest-expanding economies, the latest numbers are an ominous harbinger. Between 2017 and 2022, the overall labor participation rate dropped from 46% to 40%. Among women, the data is even...
by AIP Online Bureau | Apr 25, 2022 | Indian News, Non-Life
`AI’s reduced cover excluding war cover for Russia and Ukraine region has been successfully placed in the London market with a manageable premium just before Apr 1, the renewal date for the cover,’’ confirmed London market sources AIG continues to be the...
by AIP Online Bureau | Apr 24, 2022 | Eco/Invest/Demography, Indian News, Pension & Social Security
“Our demographic structure, with a greater proportion of younger people, favors a phase of accumulation. Since longevity is inching up, so also the need for a steady stream of income is increasing to mitigate old-age poverty. Further, as the traditional family...
