by AIP Online Bureau | Mar 28, 2024 | Eco/Invest/Demography, International News, Policy, Risk Management
Moscow demands discounts of at least 50% on foreign asset sales and has steadily tightened exit requirements, often accepting nominal fees as little as one rouble.So far this year, sales of assets owned by Shell, HSBC, Polymetal International and Yandex have been...
by AIP Online Bureau | Mar 28, 2024 | International News, Non-Life, Reinsurance
“We’ll continue working with our market to deliver consistent profitable performance through disciplined underwriting,” Chief Executive John Neal said in a statement London: Lloyd’s of London swung to a pre-tax profit of 10.7 billion pounds ($13.51 billion) in 2023,...
by AIP Online Bureau | Mar 28, 2024 | Workplace/Employee Benefits
Expert Committee submits report on regulatory regime for GIFT IFSCon: March 28, 2024In: Business, Top StoryNew Delhi, March 28 (IANS) The Expert Committee on developing the Gujarat International Finance Tech-City International Financial Services Centre (GIFT IFSC) as...
by AIP Online Bureau | Mar 28, 2024 | Indian News, Life, Risk Management, Wealth Management/ Philanthropy
According to the block deal data available with the National Stock Exchange (NSE), Sanlam Life Insurance Ltd sold 59.80 lakh shares, amounting to a 1.6 per cent stake of the company Mumbai: Sanlam Life Insurance — one of the promoters of Shriram Finance —...
by AIP Online Bureau | Mar 28, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“If you look at it from a marine point of view, this could be one of the largest marine losses in history. Insurance companies will be liable to cover the multi-billion-dollar losses. The vessel is insured, the bridge is insured, the port authority’s...