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Indian
Govt shortlists 7 GMs for selecting CMDs of New India and AIC
The general managers who have been shortlisted are- M Rajeswari...
Govt implements $10-bn plan to decarbonise public transport and curb emissions
India could electrify all two-wheelers currently on the roads and...
IRDAI empowers insurers to expand their hospital networks for cashless health cover
While specifying the criteria, the board of insurers among...
About 13 lakh electric vehicles registered in country: Gadkari
Union Minister Nitin Gadkari Union Minister Nitin Gadkari said,...
International
MS Amlin Underwriting launches Phoenix 1 Re Pte,first locally issued ILS to focus solely on APAC region
Phoenix 1 Re Pte. Ltd. is the landmark first locally issued ILS to provide capacity to a local cedant, solely focused on the Pan-Asia region.
Will Ho, CEO, MS AAP said: “ Through the creation of a remote risk facility, which caters to regional business, MS AAP will now be able to leverage larger capacity that we can deploy to our core clients on their reinsurance programmes as demand and growth increases in Asia. Phoenix 1 Re is an important long-term strategic initiative for MS AAP as we continue to seek ways to build capacity and relationships with capital market partners.”
A COVID-19 shot for $150? Online scams surge as slow vaccine rollout frustrates
Jack Ma’s disappearing act fuels speculation about billionaire’s whereabouts
China’s highest-profile entrepreneur has not appeared in a public setting since a late October forum in Shanghai where he blasted China’s regulatory system in a speech that put him on a collision course with officials, resulting in the suspension of a $37 billion IPO of Alibaba’s Ant Group fintech arm.
BMS launches ASIA operations
“We will look to expand out from M&A insurance into additional specialisms, extending our existing areas of expertise into other sectors, potentially including reinsurance, renewable energy, marine, and capital markets. We hope our ambition and entrepreneurial culture will continue to attract the very best talent in the market,”said Nick Cook, CEO of BMS Group
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