by AIP Online Bureau | Sep 28, 2022 | Eco/Invest/Demography, International News, Risk Management
Denmark and Sweden on Tuesday said major leaks on the two Nord Stream pipelines in the Baltic Sea were caused by deliberate acts of sabotage carried out in each of the two countries’ exclusive economic zones. Neither pipeline was in operation amid an energy...
by AIP Online Bureau | Sep 27, 2022 | Health, Indian News, Non-Life
The four PSU general insurers, which together have over 35 per cent of industry’s market share, have generated 70 per cent of its underwriting losses in FY2021-22 19 full fledged private sector general insurers, led by IFFCO Tokio General Insurance, have...
by AIP Online Bureau | Sep 27, 2022 | Banking & Bancassurance, Indian News, Life
Axis Bank’s stake purchase would value the startup’s upcoming life insurance business at $90 million. Axis currently offers some insurance products in partnership with Max Financial Mumbai: Indian private lender Axis Bank Ltd said on Tuesday it has signed...
by AIP Online Bureau | Sep 27, 2022 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Secondary perils such as hurricane-induced flooding, storm surges and landslides are not modeled to the same extent as primary perils, and loss creep was an issue for insurers after 2018’s Typhoon Jebi HONG KONG: Given Super Typhoon Nanmadol’s reduced strength upon...
by AIP Online Bureau | Sep 27, 2022 | Data, Eco/Invest/Demography, Life, Wealth Management/ Philanthropy
As per Sebi’s regulatory norm, listed companies have to disclose shareholding in excess of 2 per cent Mumbai: LIC has acquired over a 2 per cent stake in state-owned refiner Bharat Petroleum Corporation Ltd (BPCL) for nearly Rs 1,598 crore since December last...
