by AIP Online Bureau | Aug 2, 2024 | International News, Life, Regulation, Risk Management
The lapses resulted in some customers who were “politically exposed persons” failing to be picked up during the screening process. That led to delays in identifying their source of money and wealth, it added. However, no policies were sold to clients who should not...
by AIP Online Bureau | Aug 2, 2024 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Regulation, Technology
By selling insurance directly to consumers, Tesla could potentially offer lower-cost EV insurance products, which are usually more expensive than those for gasoline cars Beijing: Tesla registered an insurance broking firm in China at the end of July, based on a...
by AIP Online Bureau | Aug 2, 2024 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
This represents a major strategic move for AXA, Europe’s second-biggest insurer, as it aims to focus on its core businesses: life insurance, savings, property and casualty policies as well as health insurance Paris: BNP Paribas is in exclusive talks with French...
by AIP Online Bureau | Aug 2, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
The IPO market in India continued to be robust. The capital markets saw all-time highs during Q2’24, feeding the appetite of venture companies looking to raise funds in the public markets New Delhi: Venture capital (VC) investment in India surged considerably to $4...
by AIP Online Bureau | Aug 2, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy, Technology
During the investigation, as many as 373 fake Ayushman Cards have been identified wherein claims of about Rs 40.68 lakh (approx) were made for reimbursement from the government in the name of treatments given to the said Ayushman Card beneficiaries, the ED release...