by AIP Online Bureau | May 12, 2022 | International News, Wealth Management/ Philanthropy
The collapse of a $15 billion set of investment funds during the pandemic market turmoil in early 2020 has cast a long shadow over Germany’s most valuable financial firm and one of the world’s largest asset managers The collapse of the funds has been under...
by AIP Online Bureau | May 12, 2022 | International News, Life
French insurer AXA SA is also exploring a sale of German life insurance assets, people with knowledge of the matter said. The portfolio has attracted interest from suitors including Apollo Global Management Inc.’s Athora arm, according to the people Zurich Insurance...
by AIP Online Bureau | May 12, 2022 | Intermediaries, International News, Non-Life, Regulation
Goh Chye Huat, CEO, Howden Asia, said: “The acquisition of AEGIS reflects our broader strategy of empowering local teams to partner with culturally aligned companies with a shared entrepreneurial culture, and is a further step in our strategy to enhance our...
by AIP Online Bureau | May 12, 2022 | Data, Eco/Invest/Demography, Policy
According to data on the global commodity market from March 2022, wheat and oil are currently both about 50 per cent more expensive than they were a year ago. The prices of other cereal grains are also rising. For importing countries, these price increases present a...
by AIP Online Bureau | May 11, 2022 | Eco/Invest/Demography, Health, Indian News, Reinsurance
24 life insurers led by Life Insurance Corporation have paid Rs 17,362.48 crore for settling 2,27,268 Covid death claims Similarly, 30 functioning general insurance companies, including five exclusive health insurers, have already paid over Rs 26,000 crore for...
by AIP Online Bureau | May 11, 2022 | Indian News, Non-Life, Policy, Technology
R S Sharma, CEO, NHA said, “We welcome the health tech innovators who are actively coming forward to become a part of the ABDM ecosystem. In the last seven months of the launch of ABDM, a growing number of popular user applications have integrated with the...
by AIP Online Bureau | May 11, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance
The companies each aim to invest 100 million euros into the fund They said they signed a memorandum of understanding to establish a new private equity “impact” fund dedicated to enhancing biodiversity and mitigating climate change by scaling up...
by AIP Online Bureau | May 11, 2022 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance
Guido Fürer, Group Chief Investment Officer of Swiss Re said,”There is a growing opportunity for private capital to make a positive impact on inequality. Until now, the “S” in ESG, which refers to social aspects such as diversity, inclusion and...
by AIP Online Bureau | May 11, 2022 | International News, Non-Life, Reinsurance
The largest claim has been made by AerCap , the world’s biggest aircraft lessor, which has submitted a $3.5 billion insurance claim for more than 100 jets Few can say how the looming battle between lessors and insurers will play out. S&P Global has...
by AIP Online Bureau | May 11, 2022 | Disaster & Management, Indian News, Non-Life
According to the weather office, the cyclone could damage thatched huts, cause minor damage to power and communication lines, harm paddy and other standing crops in Krishna, East and West Godavari, and Vishakhapatnam districts of Andhra Pradesh, and Yanam in...
