by AIP Online Bureau | Oct 14, 2022 | Intermediaries, International News, Non-Life, Reinsurance
Matt’s appointment forms part of Miller’s wider growth strategy in the region and follows recent senior hires to the Singapore team, including Ron Whyte as Head of Strategic Development and Nick King as Head of Marine London: Miller, the leading independent specialist...
by AIP Online Bureau | Oct 14, 2022 | Data, Eco/Invest/Demography, Technology
“Although it has been argued that there is substantial committed capital waiting to be deployed (dry powder) in the Indian start-up ecosystem, it is becoming clearer that selectivity in dealmaking will increase, with a focus on path-to-profitability, especially...
by AIP Online Bureau | Oct 14, 2022 | Health, Indian News, Life, Non-Life, Regulation
The new regulations are proposing major changes in Indian insurers’ fit and proper criteria, allowable limits of investment, lock-in period on investment, process of registration and criteria for investment by Private Equity Funds The minimum shareholding of...
by AIP Online Bureau | Oct 14, 2022 | Eco/Invest/Demography
The warning comes as the fund, a lender of last resort, downgrades its 2022 growth forecast for the Asia-Pacific region by 0.9 percentage point to 4%. For 2023, it expects growth to be 4.3%, down 0.7 percentage point than previously seen. Asia’s economies will need to...
by AIP Online Bureau | Oct 14, 2022 | Eco/Invest/Demography, International News
All of the problems that people have taken note of, the inflation problem, the interest rate rises, and the cutoff of capital flows to the developing world hits the poor hard, he said, adding that’s a huge challenge for the bank Washington: World Bank President...
by AIP Online Bureau | Oct 14, 2022 | International News, Risk Management
Elon Musk,CEO,Tesla In the court filing, Twitter without delving into details of the matter, simply said that they are looking into Musk’s “conduct” linked to the deal. The main scrutiny seems to be on Musk’s legal team Tesla CEO Elon Musk is...
by AIP Online Bureau | Oct 13, 2022 | Facts, Health, Pandemic
The research, published recently in the journal Nature Communications, found that long-COVID symptoms were more likely following severe infections requiring hospitalisation. The most reported long-COVID symptoms included breathlessness, chest pain, palpitations, and...
by AIP Online Bureau | Oct 13, 2022 | Indian News, Non-Life, Regulation
Earlier, though the products with a sum assured above Rs 5 crore could be launched without prior approval of IRDAI, the products with sum assured up to Rs 5 crore still required the regulatory clearance before getting launched in the market Hyderabad: The IRDAI in its...
by AIP Online Bureau | Oct 13, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Technology
In order to facilitate testing of innovative products/services falling within the regulatory ambit of more than one financial sector regulators viz. RBI, SEBI, IRDAI, IFSCA and PFRDA, a Standard Operating Procedure (SOP) for Standard Operating Procedure for...
by AIP Online Bureau | Oct 13, 2022 | Eco/Invest/Demography, International News, Life, Risk Management
Japanese life insurers’ derivative-related exposures are higher than those of other insurers in the region, primarily because of hedged foreign-exchange risks, mainly against the US dollar. Generally, 50%-90% of these currency risks are hedged and transactions are...
