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Individual bad decisions cannot explain economic inequalities: Study

by AIP Online Bureau | Jul 4, 2023 | Eco/Invest/Demography, Facts, Policy

“Our research does not reject the notion that individual behavior and decision-making may directly relate to upward economic mobility. Instead, we narrowly conclude that biased decision-making does not alone explain a significant proportion of population-level...
India overtakes Japan in auto manufacturing, ranks number 3 globally after China and the US: Gadkari

India overtakes Japan in auto manufacturing, ranks number 3 globally after China and the US: Gadkari

by AIP Online Bureau | Jul 4, 2023 | Eco/Invest/Demography, Indian News, Non-Life

Nitin Gadkari,Union Minister for Road Transport and Highways ‘The turnover of the automobile industry is Rs 7.55 lakh crore, and four and a half crores have got jobs in the sector. This industry gives maximum GST to the government. We have decided that we will...
Munich Re appoints Owais Ansari as CEO, Life & Health Middle East and North Africa

Munich Re appoints Owais Ansari as CEO, Life & Health Middle East and North Africa

by AIP Online Bureau | Jul 4, 2023 | Eco/Invest/Demography, Health, International News, Life

Owais Ansari, chief executive officer, Life & Health, Middle East and North Africa, Munich Re Owais Ansari said,“The Middle East and North Africa offer significant opportunities for life and health (re-)insurance. Munich Re having an established presence in...
Markel appoints Kevin Leung as chief underwriting officer for Asia

Markel appoints Kevin Leung as chief underwriting officer for Asia

by AIP Online Bureau | Jul 4, 2023 | International News, Non-Life, Reinsurance

Kevin Leung, chief underwriting officer, Asia Pacific, Markel This appointment is the next step on our journey to empower and develop our underwriting team in Asia. Our aim is to provide the best specialist underwriting capabilities to businesses in Asia Pacific.”...

Musk, Zuckerberg lead a $852 billion surge among world’s richest in first half of 2023

by AIP Online Bureau | Jul 4, 2023 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy

The gains coincided with a broad stock market rally, as investors brushed off the effects of central bank interest rate hikes, the ongoing war in Ukraine and a crisis in regional banks. The S&P 500 rose 16% and the Nasdaq 100 surged 39% for its best-ever first...
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