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Global Nat Cat insured losses at $116 billion in 2021, more than 60% higher than average: Gallagher Re

by AIP Online Bureau | Feb 5, 2022 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

By region, North America accounted for the largest proportion of the loss at 68%, followed by Europe, Middle East & Africa at 23%, Asia Pacific at 8% and Latin America and the Caribbean at 1%. By peril, tropical cyclones were the most impactful, responsible for...

Global Cat economic losses hit $343 billion in 2021, up from $297 billion in 2020:Aon

by AIP Online Bureau | Jan 25, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News

Only 38 percent of natural peril losses were covered by insurance, an improvement from last year CHICAGO: Aon plc’s 2021 Weather, Climate and Catastrophe Insight report reveals a total of $343 billion in economic losses in 2021, $329 billion of which resulted from...
Sensex Weathers Highs And Hiccups To Deliver A Blockbuster 2021

Sensex Weathers Highs And Hiccups To Deliver A Blockbuster 2021

by AIP Online Bureau | Dec 26, 2021 | Eco/Invest/Demography, Health, Indian News, Policy, Wealth Management/ Philanthropy

Most brokerages expect Sensex to post tepid returns in 2022, weighed by the already stretched valuations, hawkish central banks and an uncertain global recovery The looming threat of Omicron setting off another wave of the pandemic is the biggest short-term risk. But...

Mutual funds add Rs 7-lakh crore to kitty in 2021; Omicron, rate hikes possible red flags for 2022

by AIP Online Bureau | Dec 26, 2021 | Indian News, Wealth Management/ Philanthropy

Mutual funds saw net inflows of Rs 1.93 lakh crore in 2021 (till November). This included Rs 71,600 crore into equity schemes and Rs 14,500 crore into debt schemes New Delhi: Mutual Funds as an investment avenue won the confidence of investors in 2021 with the...

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