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Catastrophic Insurance: Shielding China’s Uninsured Economy

Catastrophic Insurance: Shielding China’s Uninsured Economy

by AIP Online Bureau | Dec 22, 2024 | Eco/Invest/Demography, Features, Non-Life, Policy, Reinsurance, Risk Management

“Catastrophe risk management falls within the realm of public management. A lack of understanding of that “public nature” in China has led to “a simplistic approach of delegating the job to the insurance industry, which is ill-equipped to shoulder the entire...

China to expand private pension scheme nationwide from Dec 15

by AIP Online Bureau | Dec 12, 2024 | Eco/Invest/Demography, International News, Pension & Social Security

Those covered by public pension insurance will be allowed to open private pension accounts and invest up to 12,000 yuan ($1,652) a year in financial products, five official bodies, including the human resources ministry, said in a joint notice Beijing: China said on...
China targets Nvidia with antitrust probe, escalates US chip tensions

China targets Nvidia with antitrust probe, escalates US chip tensions

by AIP Online Bureau | Dec 11, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Technology

The statement from the State Administration for Market Regulation announcing the probe did not elaborate on how the U.S. company, known for its artificial intelligence and gaming chips, might have violated China’s anti-monopoly laws BEIJING: China said on Monday...

India beats China in green investments; deals worth $2.4 bn completed in Q3

by AIP Online Bureau | Dec 6, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Technology

More than a dozen renewables and electric vehicle firms have publicly listed this year, including solar panel producer Waaree Energies Ltd. and scooter manufacturer Ola Electric Mobility Ltd. Shares in clean power firm NTPC Green Energy Ltd. have advanced more than 30...
Indian businesses should not be excessively dependent on one supply chain: Jaishankar on trade with China

Indian businesses should not be excessively dependent on one supply chain: Jaishankar on trade with China

by AIP Online Bureau | Dec 5, 2024 | Eco/Invest/Demography, Indian News, Risk Management

The external affairs minister said alternative routes for supplies are increasing the transportation cost of the shipments. “It is of very direct economic consequence. So we have actually been interacting with all the major players including Iran and Israel,” External...
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