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Warming Africa threatens insurers’ quest for profit

by AIP Online Bureau | Jun 10, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Temperatures in southern Africa rose at twice the global rate on average in the five years leading up to 2019, according to a report by the Intergovernmental Panel on Climate Change Yet insurers are undeterred, with some looking to expand even in vulnerable...

Munich Re elevates Akash Gupta as MD and head of Southeast Asia life and health

by AIP Online Bureau | Jun 10, 2022 | Briefs, Health, Life, Reinsurance

With effective from July 1, Munich Re has elevated Akash Gupta as managing director and head, Southeast Asia life and health. Gupta is currently Munich Re’s head of life and health Asia valuation and planning. Based in Singapore, Gupta reports to David Hughes, CEO,...
Cryptocurrencies akin to ‘a world of Carribean pirates’ in absence of regulation: CEA

Cryptocurrencies akin to ‘a world of Carribean pirates’ in absence of regulation: CEA

by AIP Online Bureau | Jun 9, 2022 | Eco/Invest/Demography, Indian News, Regulation, Wealth Management/ Philanthropy

V Anantha Nageswaran,Chief Economic Adviser The government is working on a consultation paper on cryptocurrencies and is taking inputs from various stakeholders and institutions, including World Bank and IMF New Delhi: Chief Economic Adviser V Anantha Nageswaran on...
Howden Group acquires TigerRisk, creates a new $30bn force in global insurance broking

Howden Group acquires TigerRisk, creates a new $30bn force in global insurance broking

by AIP Online Bureau | Jun 9, 2022 | Intermediaries, International News, Non-Life, Reinsurance

David Howden, CEO, Howden Group The partnership represents approaching $400m of combined reinsurance revenues David Howden, CEO, Howden Group said: “ Not only does the combination create an unrivalled digitally driven reinsurance and capital markets business...

Equity MFs continue to see positive momentum; Rs 18,529-cr inflow recorded in May

by AIP Online Bureau | Jun 9, 2022 | Workplace/Employee Benefits

”The consistent SIP flows are supporting the net positive sales numbers in equities. Through the ongoing volatility, we see continued interest amongst retail investors to allocate to equity MFs. The spread of new flows is well diversified across...
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