by AIP Online Bureau | Jun 10, 2022 | Indian News, Life, Wealth Management/ Philanthropy
Tuhin Kanta Pandey, secretary,DIPAM ”We are very concerned about the temporary blip in LIC share price. People will take time to understand (fundamentals of) LIC. LIC management will look into all these aspects and will raise the shareholders’...
by AIP Online Bureau | Jun 10, 2022 | Indian News, Life, Regulation
The move will enable life insurers to launch most of the products (except individual savings, individual pensions and annuity) in a timely manner according to the dynamic needs of the market The board will have to also constitute a Product Management Committee (PMC),...
by AIP Online Bureau | Jun 10, 2022 | Indian News, Intermediaries, Life, Non-Life, Regulation
In order to take forward the process of setting out reforms for increasing insurance penetration and facilitating sustainable growth of the industry and to explore the emerging trends and opportunities such as technology based core processes, Insutech, Risk...
by AIP Online Bureau | Jun 10, 2022 | Health, International News, Policy
Under decriminalization, it is no longer a crime to grow and trade marijuana and hemp products, or use parts of the plant to treat illnesses. Cafes and restaurants can also serve cannabis-infused food and drinks — but only if the products contain less than 0.2...
by AIP Online Bureau | Jun 10, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Janet Yellen, US Treasury Secretary The US has already outlawed imports of Russian oil and the European Union has agreed to prohibit seaborne imports of Russian crude in six months. On top of that, the bloc has worked toward coordinating with some Group of Seven...
by AIP Online Bureau | Jun 10, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Temperatures in southern Africa rose at twice the global rate on average in the five years leading up to 2019, according to a report by the Intergovernmental Panel on Climate Change Yet insurers are undeterred, with some looking to expand even in vulnerable...
by AIP Online Bureau | Jun 10, 2022 | Briefs, Health, Life, Reinsurance
With effective from July 1, Munich Re has elevated Akash Gupta as managing director and head, Southeast Asia life and health. Gupta is currently Munich Re’s head of life and health Asia valuation and planning. Based in Singapore, Gupta reports to David Hughes, CEO,...
by AIP Online Bureau | Jun 9, 2022 | Eco/Invest/Demography, Indian News, Regulation, Wealth Management/ Philanthropy
V Anantha Nageswaran,Chief Economic Adviser The government is working on a consultation paper on cryptocurrencies and is taking inputs from various stakeholders and institutions, including World Bank and IMF New Delhi: Chief Economic Adviser V Anantha Nageswaran on...
by AIP Online Bureau | Jun 9, 2022 | Intermediaries, International News, Non-Life, Reinsurance
David Howden, CEO, Howden Group The partnership represents approaching $400m of combined reinsurance revenues David Howden, CEO, Howden Group said: “ Not only does the combination create an unrivalled digitally driven reinsurance and capital markets business...
by AIP Online Bureau | Jun 9, 2022 | Workplace/Employee Benefits
”The consistent SIP flows are supporting the net positive sales numbers in equities. Through the ongoing volatility, we see continued interest amongst retail investors to allocate to equity MFs. The spread of new flows is well diversified across...
