by AIP Online Bureau | Feb 26, 2024 | Indian News, Non-Life, Regulation, Reinsurance
The action of Malaysian re/insurance broker Confinance in reinsurance transaction caused inconvenience to TATA-AIG in India which could have potential loss to the insurer and to policyholders. It is considered view that the action of Confinance is deliberate and...
by AIP Online Bureau | Feb 25, 2024 | Data, Eco/Invest/Demography
Household Consumption Expenditure Survey estimates average rural consumer spending rose to Rs 3,773 ($45.54) a month per person for the 12 months through July from Rs 1,430 in the previous survey in 2011-2012, while urban spending rose to Rs 6,459 ($77.95) from Rs...
by AIP Online Bureau | Feb 25, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management
Scope 3 emissions, proposed to be withdrawn, account for greenhouse gases, such as carbon dioxide, released in the atmosphere from a company’s supply chain and the consumption of its products by customers. For most businesses, Scope 3 emissions represent more than 70%...
by AIP Online Bureau | Feb 25, 2024 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
Allianz, one of the world’s largest financial services companies with €2.16 trillion ($2.33 trillion) in assets under management, joins a growing number of global firms building their focus on the wealth sector Allianz SE is making a strategic investment in money...
by AIP Online Bureau | Feb 25, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology
US President Joe Biden The U.S. Coast Guard will get powers to respond to cyberattacks against maritime infrastructure including requiring operators to share information about incidents and threats. The post of national maritime security director will also be...
