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Indian insurance market expands by 10.6% to $145 billion in 2024, Allianz report

Indian insurance market expands by 10.6% to $145 billion in 2024, Allianz report

by AIP Online Bureau | May 27, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Reinsurance

While China (+7.8% p.a.) will continue to dominate the region in absolute terms, the real growth champion over the next decade is likely to be India (+10.5% p.a.) Mumbai: With a total premium income of USD 145 billion in 2024 , the Indian insurance market has showed...
Trade War: Container liners sever US-China shipping routes across the Pacific

Trade War: Container liners sever US-China shipping routes across the Pacific

by AIP Online Bureau | May 10, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

As a result, fees are plunging. The cost of shipping a 40-foot box from Shanghai to Los Angeles — port nodes on either side of the Pacific — hit the lowest since 2023 in late March, according to the data from Drewry Shipping Consultants, a maritime advisory firm. A...
UK names China as dominant threat to its national cybersecurity

UK names China as dominant threat to its national cybersecurity

by AIP Online Bureau | May 8, 2025 | Eco/Invest/Demography, International News, Policy, Risk Management, Technology

Richard Horne, chief of Britain’s National Cyber Security Center “China remains the pacing threat in the cyber realm,” Richard Horne, the chief of Britain’s National Cyber Security Center, said in a rare speech on Wednesday. “The continued activity that we’re seeing...
TikTok fined $600 million for sending EU data illegally to China

TikTok fined $600 million for sending EU data illegally to China

by AIP Online Bureau | May 5, 2025 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology

“TikTok did not address potential access by Chinese authorities to EEA personal data under Chinese anti-terrorism, counter-espionage and other laws identified by TikTok as materially diverging from EU standards,” said Graham Doyle, a deputy commissioner at the DPC...
Gold touches Rs 1 lakh per 10 grams for 1st time

Gold touches Rs 1 lakh per 10 grams for 1st time

by AIP Online Bureau | Apr 23, 2025 | Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy

This demand has been driven by rising geopolitical tensions and ongoing global economic uncertainties. His recent comments and decisions, including imposing tariffs on Chinese goods and questioning the Fed’s policies, have added to market volatility New Delhi: Gold...
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