by AIP Online Bureau | Sep 20, 2022 | Indian News, Intermediaries, Regulation, Risk Management, Technology
Shaktikanta Das,governor, RBI The statement assumes importance in the wake of the recent incidences wherein a few people who borrowed through these apps have been forced to commit suicide and the last week’s incidence of a young pregnant woman being mowed down...
by AIP Online Bureau | Sep 20, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
“The voluntary carbon market is rapidly expanding and represents a significant opportunity to drive environmental and social impacts on the climate transition through collaborative solutions – no one can transition alone,” said Natalia Moudrak, climate...
by AIP Online Bureau | Sep 20, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
According to Credit Suisse Group AG’s Global Wealth Report, the number of global millionaires will exceed 87 million in 2026, i.e. a rise of 25 million from 2021.The US tops the world millionaire table, still far ahead of China in second place. While India is home to...
by AIP Online Bureau | Sep 20, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
“Investors and companies are seeking advanced analytics to respond to the financial impact of climate change. Essential to this, is the ability to quantify the financial impact of climate change at asset level to enable meaningful mitigation and adaptation planning,”...
by AIP Online Bureau | Sep 20, 2022 | Eco/Invest/Demography, Indian News, Policy, Technology
Prime Minister Narendra Modi “The states should start planning of tier 2 and tier 3 cities from now. Tier 2 and Tier 3 cities are now becoming the centre of economic activities. Our startups are taking place in those cities. We should focus on developing...
by AIP Online Bureau | Sep 20, 2022 | International News, Risk Management, Technology
The attacker managed to hijack the two-factor login approval by inundating the contractor with requests, which they eventually accepted From there, the intruder was able to get into several employee accounts and had security permissions for Uber’s G-Suite and Slack,...
by AIP Online Bureau | Sep 20, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“Although investment returns are expected to increase over the near term alongside a recovery in interest rates, rising inflation in the region is likely to pose challenges in meeting the cost of capital prospectively,” said Kanika Thukral, senior financial analyst,...
by AIP Online Bureau | Sep 19, 2022 | Indian News, Non-Life, Reinsurance
After interviewing 20 candidates, FSIB has chosen Arvind Logani and YK Shimray(for New India Assurance), Inderjeet Singh and Madhulika Bhaskar(GIC Re), Rajeshawri Singh and Navneet Doda( for United India Insurance) and PR Chittaranjan and Geeta Santaseelan(for...
by AIP Online Bureau | Sep 19, 2022 | Indian News, Non-Life, Regulation, Wealth Management/ Philanthropy
Without disclosing the reason, Sebi said “issuance of observations (has been) kept in abeyance” with regard to the IPO of Go Digit, an update on the regulator’s website showed on Monday. The information was updated on September 16 The issuance of...
by AIP Online Bureau | Sep 19, 2022 | Indian News, Non-Life, Reinsurance
Globally, GIC Re, which is pruning its premium base by shedding its loss making business to be profitable, is the 14th largest international reinsurer in 2022. It was the 11th largest global reinsurer in 2021 “We would prefer to be one of the largest profitable...