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Tata AIA crosses Rs 1 lakh cr AUM

by AIP Online Bureau | Apr 23, 2024 | Briefs, Eco/Invest/Demography, Life

Tata AIA Life Insurance has crossed Rs. 1 lakh cr in assets under management (AUM). In less than three years, the Company has doubled its AUM from Rs. 50,000 crore (Aug’21) to Rs. 1,00,000 crore. This increase has been fuelled by strong growth in Individual New...
Musk decries Australian court ‘censorship’ of X terror posts

Musk decries Australian court ‘censorship’ of X terror posts

by AIP Online Bureau | Apr 23, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology

At a hearing overnight, Australia’s Federal Court ordered X, formerly called Twitter, to temporarily hide posts showing video of the incident a week earlier, in which a teenager was charged with terrorism for knifing an Assyrian priest and others Elon Musk lashed out...

Sanofi to pay over $100 million to settle about 4,000 Zantac cancer lawsuits

by AIP Online Bureau | Apr 23, 2024 | Health, International News, Regulation

But the relatively modest settlement should please Sanofi investors, who’ve worried in the past about the financial fallout of thousands of US lawsuits targeting Zantac makers such as Sanofi and GSK Plc, which originally developed the product Zantac was recalled in...

Dubai floods expose weakness to changing climate

by AIP Online Bureau | Apr 23, 2024 | Workplace/Employee Benefits

“Climate change is unsettling long-held assumptions about landscape and climate conditions that have informed the design and planning of buildings and cities for generations.” The heavy rains that flooded Dubai last week halted air traffic, damaged buildings and...
ICICI Pru Life’s net declines 26% to Rs 174 crore in Q4 FY24

ICICI Pru Life’s net declines 26% to Rs 174 crore in Q4 FY24

by AIP Online Bureau | Apr 23, 2024 | Indian News, Life

Anup Bagchi, MD & CEO, ICICI Prudential Life Insurance The decline in value of new business margin is primarily on account of the shift in underlying product mix towards unit linked & par (participatory ) from non par business, decline in group term business...
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