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India’s AUM of wealth management industry to expand by $1.6 trillion over FY24-29: Deloitte report

India’s AUM of wealth management industry to expand by $1.6 trillion over FY24-29: Deloitte report

by AIP Online Bureau | Jan 22, 2025 | Data, Wealth Management/ Philanthropy

The report estimates that demand for wealth management services in terms of assets under management (AUM) will almost double, climbing from US$1.1 trillion in FY24 to US$2.3 trillion by FY29 New Delhi: Deloitte India’s latest report, “Financial Wealth Management...
IFSCA and IRDAI to work together for pulling global re/insurance investment into India: Rajaraman

IFSCA and IRDAI to work together for pulling global re/insurance investment into India: Rajaraman

by AIP Online Bureau | Jan 20, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Reinsurance, Risk Management

L to R – PK Arora, Member, IRDAI, T Alamelu, Principal Advisor, Insurance, International Financial Services Centres Authority (IFSCA ) , K Rajaraman, chairman, IFSCA at the inaugural of 2nd Edition of IFSCA-IRDAI GIFT IFSC Global Reinsurance Summit’ in Mumbai on...
Climate Risk: Is India Inc moving fast enough?

Climate Risk: Is India Inc moving fast enough?

by AIP Online Bureau | Jan 18, 2025 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management

From a disaster management perspective, parametric solutions can also be valuable at a smaller scale. For example, they can protect microfinance institutions against their customers being unable to make scheduled payments due to extreme weather events Properly...

India evaluating impact of proposed US restriction on AI chip export: Sources

by AIP Online Bureau | Jan 16, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management

The proposal has no restriction for 18 key allies of the US, which have been clubbed under Group 1, but there are restrictions on the quantity that can be exported to other countries under Group 2, including India New Delhi: India is evaluating the impact of the US...
Gallagher appoints Ajit Horra as its India CEO

Gallagher appoints Ajit Horra as its India CEO

by AIP Online Bureau | Jan 15, 2025 | Indian News, Intermediaries, Non-Life, Reinsurance, Risk Management, Workplace/Employee Benefits

Ajit will lead Gallagher’s 180 strong team, which is headquartered in Mumbai with regional offices in Bengaluru, Bhubaneshwar, Chennai, Delhi, Gurugram, Guwahati, and Kolkata. The team offers a wide range of insurance and risk management services and has expertise in...
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