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XL’s India FRB to shut down, to be merged with AXA France’s FRB

XL’s India FRB to shut down, to be merged with AXA France’s FRB

by AIP Online Bureau | Feb 2, 2022 | Indian News, Life, Non-Life, Regulation, Reinsurance

-Prior to the global merger- AXA group acquired XL group in 2018- both the groups had their own FRBs in India and are continuing to operate as separate entities in the country till now -IRDA confirms its stand formally to allow only one FRB belonging to the group....

Global gold demand rises 10% to 4,021 tonnes in 2021: WGC

by AIP Online Bureau | Jan 30, 2022 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

“The demand for the yellow metal was mainly driven by Central bank buying during the fourth quarter of 2021, recovery in jewellery consumption, mainly in India and China,” WGC Regional CEO, India, Somasundaram PR told PTI Mumbai: Global gold demand rose 10...
Two years on, India’s battle with COVID-19, its variants continues with no end in sight

Two years on, India’s battle with COVID-19, its variants continues with no end in sight

by AIP Online Bureau | Jan 30, 2022 | Eco/Invest/Demography, Health, Indian News, Pandemic

Till now, India has reported 4,10,92,522 cases and 4,94,091 fatalities due to COVID-19 and its variants New Delhi: Amid the third wave of the COVID-19 pandemic, India has completed two years since the first coronavirus case was reported in the country and during this...

Risk persists even though Covid cases starting to plateau in parts of India: WHO

by AIP Online Bureau | Jan 29, 2022 | Health, Indian News, Pandemic

”Even though some cities or states may be beginning to see plateauing of cases, the risk persists. We need to continue to remain vigilant. Our focus must be on reducing transmission. Implementing situation-specific public health and social measures and...

India’s gold demand skyrockets to 797.3 tons in 2021: WGC

by AIP Online Bureau | Jan 28, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Going forward, WGC Regional CEO, India, Somasundaram PR said, this year COVID-19 and its future variants will remain a factor to watch as will price movements in gold, given global concerns on inflation, interest rate and geo-political developments New Delhi:...
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