by AIP Online Bureau | Aug 4, 2023 | Indian News, Life, Non-Life
In view of the merger of HDFC Ltd with HDFC Bank Ltd, Indian insurers had requested IRDAI to allow investments in HDFC Ltd bonds to be continued to be classified under Housing and Infrastructure sector and exempt the single investee equity exposure limits prescribed...
by AIP Online Bureau | Aug 4, 2023 | Indian News, Life
”We are focused on reaching more customers and exploring newer markets to increase insurance penetration in the rural and middle-income segment,” company MD and CEO Casparus J Kromhout said Chennai: Shriram Life Insurance is focused on exploring newer...
by AIP Online Bureau | Aug 4, 2023 | International News, Non-Life, Reinsurance
In its key property and casualty business, Swiss Re booked $634 million in large natural catastrophe losses in the first half from the earthquake in Turkey and Syria, Cyclone Gabrielle, and flooding in New Zealand. All are events that occurred in the first quarter...
by AIP Online Bureau | Aug 4, 2023 | Data, Technology
The data suggests increased law enforcement activity, heavy sanctions and victims’ refusal to pay ransom demands have altered criminal conduct, and threat actors are targeting other means of revenue, the report said while explaining the reason for fall in...
by AIP Online Bureau | Aug 4, 2023 | Eco/Invest/Demography, International News, Policy, Wealth Management/ Philanthropy
Upcoming decisions are on a knife-edge. Pausing too early could cause financial conditions to loosen too fast, re-igniting inflationary pressures. Stopping too late could trigger a credit crunch and a recession. So far, nine developed economies have raised rates by a...
