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Number of UHNWIs in India dip to 12,069 in 2022, to rise to 19,119 in 5 yrs: Knight Frank

by AIP Online Bureau | May 17, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

In 2022, the global population of UHNWIs declined by 3.8 per cent, after a record climb of 9.3 per cent in 2021, as the wealth and the investment portfolio of the ultra-wealthy were impacted by economic slowdowns, frequent rate hikes and rising geopolitical...

Proposal to blacklist ICICI Lombard sent to Maha Govt over crop insurance delay, says Akola collector

by AIP Online Bureau | May 17, 2023 | Indian News, Non-Life, Reinsurance

The private company has been appointed to insure crops in the district but there were delays in processing farmers’ compensation claims following natural calamities, said district collector Nima Arora Akola(Maharashtra): The Akola district administration in...

Slight delay in onset of monsoon over Kerala; arrival likely on Jun 4: IMD

by AIP Online Bureau | May 16, 2023 | Eco/Invest/Demography, Indian News

If the monsoon onset is delayed and the ocean conditions are warm, there could be potential of cyclone formation close to the onset. That can change the course of the monsoon. This happened with cyclones Nisarga and Tauktae. However forecasts don’t indicate a...

Insurance ‘scam’ case: CBI searches at nine locations in J-K, Delhi

by AIP Online Bureau | May 16, 2023 | Health, Indian News, Non-Life

In a first information report (FIR), the CBI named Reliance General Insurance along with Trinity Reinsurance Brokers as accused in the alleged scam in rolling out a medical insurance scheme for Jammu and Kashmir government employees and their families New Delhi: The...

Howden places new leadership across the regions and verticals

by AIP Online Bureau | May 16, 2023 | Intermediaries, International News, Non-Life, Reinsurance

Asia Pacific, with Goh Chye Huat and Matt Bacon leading Asia and Pacific respectively, will be chaired by Mark Wood. India, Middle East & Africa and LatAm will be led by Sonia CaamaƱo, currently CEO International Growth Markets, and chaired by Paul Redgate, with...
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