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Women outshine men for GM promotions in PSU general insurance companies

by AIP Online Bureau | Apr 19, 2023 | Health, Indian News, Non-Life

Out of 16 vacancies of general mangers across five companies including GIC Re, 11 have been cornered by women candidates New Delhi: The public sector general insurance companies, for the first time, have seen a few senior women officers (deputy general managers)...
U.S. SEC sees decentralized crypto platforms as exchanges, seeks public input

U.S. SEC sees decentralized crypto platforms as exchanges, seeks public input

by AIP Online Bureau | Apr 19, 2023 | Eco/Invest/Demography, International News, Regulation, Technology, Wealth Management/ Philanthropy

The SEC voted 3-2 to take additional comments from the public after crypto firms criticized the plan as vague and aimed at roping in decentralized finance platforms, also known as DeFi platforms that would otherwise not be subject to the regulator’s oversight...

Political Risk loss frequency surges in 2022,Ukraine war delivers widespread financial losses

by AIP Online Bureau | Apr 19, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Looking to the year ahead, Ukraine heads the list of interview panel members’ top risks for 2023, followed closely by decoupling from China and crisis and new regulations in the EU The 6th annual political risk survey produced by WTW, found that an unprecedented 92%...

Heatwaves can turn fatal for kids, pregnant women, elderly’

by AIP Online Bureau | Apr 19, 2023 | Facts, Health

“Heatstroke is a serious medical condition that can be fatal if not treated promptly with rapid cooling,” said Dr Ajay Aggarwal, Director and Head – Internal Medicine, Fortis Hospital Noida New Delhi: Even as summers have set in, India has started...
ICICI Lombard reports 40 pc jump in net income to Rs 437 crore in Mar quarter

ICICI Lombard reports 40 pc jump in net income to Rs 437 crore in Mar quarter

by AIP Online Bureau | Apr 18, 2023 | Indian News, Non-Life, Reinsurance

Gopal Balachandran,chief financial officer and chief risk officer The key profitability metric, the combined ratio of the company stood at 104.5 in FY23 against 108.8 per cent in FY22. In the March quarter, it was 104.2 against 103.2 a year ago The insurer’s...
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