by AIP Online Bureau | Aug 19, 2024 | Eco/Invest/Demography, Health, Indian News, Risk Management
P K Mishra, Principal Secretary to the Prime Minister “The virus strain this time is different and is more virulent and infectious. But the risk of a large outbreak with sustained transmission is low in the country as per the current assessment,” an...
by AIP Online Bureau | Aug 19, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Regulation, Reinsurance
UK is missing out on a market that’s estimated to reach $161 billion globally by 2030, the letter said. The US, France and Italy have all introduced regimes to bring captives onshore according to a letter written to Chancellor Rachel Reeves by senior figures in the UK...
by AIP Online Bureau | Aug 19, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The impact would, of course, be huge. Insurers estimate a $300 billion hit to the economy, equivalent to 27% of gross domestic product, according to a senior person in the industry. That would be three times the estimate from last year’s disaster. About $25-$30...
by AIP Online Bureau | Aug 19, 2024 | Banking & Bancassurance, Data, Eco/Invest/Demography, Regulation
In the primary market, certificates of deposit (CD) issuances amounted to Rs 3.49 lakh crore during 2024-25 (up to August 9), significantly higher than Rs 1.89 lakh crore in the corresponding period of the previous year Mumbai: Banks are tapping alternative sources...
by AIP Online Bureau | Aug 19, 2024 | Indian News, Life, Non-Life, Risk Management
According to sources close to the development, the brand Reliance is 50:50 jointly owned by Mukesh Ambani and Anil Ambani, and the same can not be allowed to be used by any other company or individual. ADAVPL, in its application, has also argued that the company was...
