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Air India retains its insurance premium at $30 million, renews a larger fleet for FY 24-25

Air India retains its insurance premium at $30 million, renews a larger fleet for FY 24-25

by AIP Online Bureau | Apr 10, 2024 | Indian News, Non-Life, Reinsurance

AI, which was renewed successfully on Apr 1 in the London market, has kept its old pack of insurers and reinsurers  but has allocated higher shares to its own  group company Tata AIG General insurance, which is now the leader for the policy  and another...

Swiss women win landmark climate victory at human rights court

by AIP Online Bureau | Apr 9, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Policy, Risk Management

The Swiss government had violated the human right to a private and family life, by failing to put in place sufficient domestic policies to tackle climate change.This included a failure to quantify, through a carbon budget or otherwise, national greenhouse gas...
Global accounting rule ends leeway over operating profit

Global accounting rule ends leeway over operating profit

by AIP Online Bureau | Apr 9, 2024 | Banking & Bancassurance, Eco/Invest/Demography, International News, Regulation

Banks and insurers will have to include interest, a key part of their business model, in their operating profit, which some already do London: Companies will have to publish standardized operating profit figures from 2027 under new requirements from a global...

EV sales almost double to 90,000 in fy 23-24

by AIP Online Bureau | Apr 9, 2024 | Data, Eco/Invest/Demography, Technology

Tata Motors led the segment with registrations of 64,217 units, up 66 per cent over 38,728 units in the 2022-23 financial year. New Delhi: Electric vehicle retail sales in India increased last fiscal with all the segments, including passenger vehicles and...

Tata AIA Life Insurance chooses SAS for IFRS 17

by AIP Online Bureau | Apr 9, 2024 | Briefs, Regulation, Risk Management, Technology

Tata AIA Life Insurance Company has chosen SAS, a leader in AI and analytics, to help the insurance company in its adoption of the Indian equivalent of IFRS 17 reporting standards. SAS will collaborate with Tata AIA Life Insurance to address the reporting requirements...
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