by AIP Online Bureau | Aug 26, 2022 | Indian News, Life, Pension & Social Security, Regulation
Set up with initial capital of Rs 50 crore, the fund manager is expected to begin its operation in October, Max Life managing director and CEO Prashant Tripathy told PTI New Delhi: Max Life Insurance Company on Friday said it has ventured into the pension fund...
by AIP Online Bureau | Aug 26, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
Yangtze’s retreating water levels have snarled electricity generation at many key hydropower plants, sparking energy chaos across parts of the country. Mega cities including Shanghai are turning off lights, escalators and cutting back on air conditioning. Tesla Inc....
by AIP Online Bureau | Aug 26, 2022 | Eco/Invest/Demography, Facts, International News
Korea is the world’s fastest-aging nation among economies with per capita GDP of at least $30,000, according to United Nations global population projections and World Bank data. By 2100, its population will fall by 53% to 24 million, up from a 43% decline forecast in...
by AIP Online Bureau | Aug 26, 2022 | International News, Non-Life, Policy, Reinsurance
While Russian coal miners started re-directing volumes to Asia long before the ban came into force, the shipowners typically reinsure their risks with bigger providers that can no longer cover such exports. The companies are looking at other options, but those will be...
by AIP Online Bureau | Aug 26, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The change was approved by marine groups including the International Chamber of Shipping and will be operational from January next year, they said in an emailed statement on Monday “No piracy attacks against merchant ships have occurred off Somalia since 2018,”...
