by AIP Online Bureau | Mar 28, 2023 | Eco/Invest/Demography, Indian News, Life, Non-Life
“Insurance companies have been one of the key investors in long-maturity bonds,As the penetration and reach of distribution channels increase, we expect that the growth in the sales of the traditional products to continue to grow, and consequently the demand for...
by AIP Online Bureau | Mar 28, 2023 | Health, Indian News, Intermediaries, Life, Non-Life
The government last Sunday has notified the new regulations, as approved by insurance regulator IRDAI , on the removal of cap on payment of commission to the intermediaries Oveall limit of Expense of Management(EoM) for the insurers will be fixed by insurance...
by AIP Online Bureau | Mar 27, 2023 | Data, Eco/Invest/Demography, Health, Pandemic
The highest number of Covid cases caused due to this variant has been found in Maharashtra and Gujarat at 164 each, followed by 93 Telangana and 86 in Karnataka, according to INSACOG data. A total of 610 cases of Covid’s XBB.1.16 variant, which might have been...
by AIP Online Bureau | Mar 27, 2023 | Banking & Bancassurance, Eco/Invest/Demography, International News, Regulation
Some distressed debt-type funds have been buying Credit Suisse’s AT1s for a few cents on the dollar. The bonds were traditionally held by institutional investors. Credit Suisse bondholders are seeking legal advice after the Swiss regulator ordered 16 billion Swiss...
by AIP Online Bureau | Mar 27, 2023 | Indian News, Non-Life, Reinsurance, Risk Management
While the drugmaker is unable to determine other impacts of the breach, including cost to maintain insurance coverage and possibility of litigation, it said there would be expenses linked to the incident. Mumbai: Sun Pharmaceutical Industries expects revenue to fall...
