by AIP Online Bureau | Jul 26, 2022 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
Official sources also said that six states, including Kerala, Maharashtra, Tamil Nadu and West Bengal, are reporting more than 1,000 average daily cases. Also, 181 districts in India are reporting a weekly positivity of more than 10 per cent (in the week ending July...
by AIP Online Bureau | Jul 26, 2022 | Indian News, Non-Life
M Senthilnathan, CMD,ECGC ”The initial review of ECGC has been done by DIPAM and the next direction is expected from them. Initially, we were told that the listing will happen somewhere around the last quarter of the current financial year. So, I think they will...
by AIP Online Bureau | Jul 26, 2022 | Indian News, Non-Life
It was informed that meeting of CMDs, DFS with finance minister scheduled for 22nd July could not take place as she is detected Covid positive. A final decision in the matter is expected during the meeting, to be convened after she assumes office,’’ said a...
by AIP Online Bureau | Jul 26, 2022 | International News, Risk Management, Technology
Alibaba’s decision to seek a primary listing in Hong Kong also comes as U.S. regulators have threatened to delist U.S.-listed Chinese companies unless they follow auditing requirements, which in turn triggered a selloff of Chinese stocks listed in the U.S....
by AIP Online Bureau | Jul 26, 2022 | Eco/Invest/Demography, Health, International News
The disease is often spread by humans via their shoes, clothes and luggage — and particles can even live in people’s noses, where they may survive for up to 24 hours. The virus can also be transmitted via contaminated meat and other animal products, and survive in the...
by AIP Online Bureau | Jul 26, 2022 | Banking & Bancassurance, Indian News, Policy
As per the RBI data, frauds involving the amount of Rs 11,800 crore were detected in 2020-2021, the Minister of State for Finance said in a written reply to the Lok Sabha New Delhi: The amount involved in frauds reported by banks and select financial institutions...
by AIP Online Bureau | Jul 25, 2022 | Eco/Invest/Demography, International News, Reinsurance
“Representation of women and ethnic minorities (is) improving across our market – but we can’t be complacent,” Lloyd’s of London CEO John Neal said. A quarter of firms operating at Lloyd’s of London have reached the commercial insurance...
by AIP Online Bureau | Jul 25, 2022 | Briefs, Non-Life
Royal Sundaram General Insurance has entered into a bancassurance partnership with City Union Bank. This arrangement will enable the customers of the bank to have easy access to a comprehensive suite of best-in-class general insurance products from Royal Sundaram...
by AIP Online Bureau | Jul 25, 2022 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance
Sam Woods, chief executive of the Prudential Regulation Authority, faces calls from the insurance industry to support the relaxation of the Solvency II capital rules, which were written while part of the EU London: London is in danger of becoming a mere “regional...
by AIP Online Bureau | Jul 25, 2022 | Indian News, Non-Life, Regulation
”To give more thrust to our space programme, we need to target much more lenient insurance policies where the government can come forward and help out in a bigger way than what is done in other countries,” Pawan Kumar Chandana, CEO of Skyroot Aerospace,...
