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IRDAI forms Mamta Suri panel on implementation of Ind AS/ IFRS in insurance sector

IRDAI forms Mamta Suri panel on implementation of Ind AS/ IFRS in insurance sector

by AIP Online Bureau | Aug 22, 2022 | Indian News, Life, Non-Life, Regulation, Reinsurance

Among other things, the panel will recommend steps as may be taken towards effective implementation of Ind AS/IFRS along with phase-wise timelines, recommendations on key interpretations (best practices) while implementing, Ind AS/IFRSc,recommendation on proforma...

Sales of luxury homes in Jan-Jun across 7 cities surpass demand in full 2021

by AIP Online Bureau | Aug 22, 2022 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

As per the data, sales of luxury homes were 25,680 units during January-June 2022, which is higher than 21,700 luxury flats sold in the entire 2021 calendar year across seven major cities –Delhi-NCR, MMR, Bengaluru, Pune, Hyderabd, Chennai and Kolkata Sales of...
Safety, performance top concerns for electric scooter buyers: Survey

Safety, performance top concerns for electric scooter buyers: Survey

by AIP Online Bureau | Aug 22, 2022 | Facts, Non-Life, Technology

Consumers of various brands of these vehicles have reported fire incidents, which many of the manufacturers have attributed to the battery, LocalCircles said. Safety and performance of electric scooters remain top concerns for customers amid a spate of fire incidents...

Floods, landslides kill dozens as monsoon rains lash northern, eastern India

by AIP Online Bureau | Aug 22, 2022 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

Heavy showers followed by landslides and flooding in the Himalayan state of Himachal Pradesh over the past three days killed at least 36 people, a state government official told Reuters. In the neighbouring mountainous state of Uttarakhand, an official government...
WTW appoints Sean Deehan as Leader of Hong Kong and Macau

WTW appoints Sean Deehan as Leader of Hong Kong and Macau

by AIP Online Bureau | Aug 22, 2022 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance

Sean Deehan,Leader,Hong Kong and Macau, WTW Clare Muhiudeen, Head of Asia, WTW, said: “Hong Kong remains a major international financial centre in Asia, a gateway to and from Mainland China and a key market in our Greater Bay Area growth plans HONG KONG: WTW today...
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