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Covid patients at higher risk of serious neurodegenerative disorders: Study

by AIP Online Bureau | Jun 27, 2022 | Facts, Health, Non-Life, Pandemic

”More than two years after the onset of the COVID-19 pandemic, the precise nature and evolution of the effects of COVID-19 on neurological disorders remained uncharacterized,” Pardis Zarifkar, lead author from the Department of Neurology, Rigshospitalet,...

Russia defaults on foreign-currency sovereign debt for 1st time since 1918

by AIP Online Bureau | Jun 27, 2022 | Banking & Bancassurance, Eco/Invest/Demography, International News, Policy

Russia has pushed back against the default designation, saying it has the funds to cover any bills and has been forced into non-payment. As it tried to twist its way out, it announced last week that it would switch to servicing its $40 billion of outstanding sovereign...

WTW appoints Lee Garvey as Regional Head of Financial Solutions in Asia Pacific

by AIP Online Bureau | Jun 27, 2022 | Intermediaries, International News, Non-Life, Reinsurance

Commenting on Lee’s appointment, Stuart Ashworth, Head of International, Financial Sol said, “During this period of geopolitical upheaval, we believe our clients need our services more than ever. We have ambitious plans for Asia Pacific and this appointment reflects...
Reliance Capital Debt Resolution: Zurich Insurance bids for General Insurance, Cholamandalam for Life Insurance arm

Reliance Capital Debt Resolution: Zurich Insurance bids for General Insurance, Cholamandalam for Life Insurance arm

by AIP Online Bureau | Jun 26, 2022 | Indian News, Life, Non-Life

The timeline for bidding Reliance Capital Ltd extended by 90 days — from June 3 to September 2, 2022. This is the second extension granted by the Committee of Creditors (CoC) for the completion of RCL’s resolution process New Delhi: Lenders of debt-ridden...
IRDAI Chairman calls for a 2-day meet with insurance CEOs on June 30, to discuss further regulatory reforms

IRDAI Chairman calls for a 2-day meet with insurance CEOs on June 30, to discuss further regulatory reforms

by AIP Online Bureau | Jun 26, 2022 | Indian News, Life, Non-Life, Regulation

Debasish Panda, Chairman, IRDAI The insurers will also discuss with the IRDAI on changing the regulations relating to expenses of the management, commission structure to the intermediaries, offering discount on premium to direct policyholders and the norms relating to...
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