by AIP Online Bureau | May 8, 2022 | Indian News, Main Menu, Non-Life
Kishor Biyani-led group Future Enterprises would completely exit the insurance sector after selling its existing stakes in life and non-life joint ventures soon Mumbai: Debt-ridden Future Group firm Future Enterprises Ltd expects to raise around Rs 3,000 crore from...
by AIP Online Bureau | May 8, 2022 | Eco/Invest/Demography, Non-Life, Reinsurance, Technology
Cyber insurance direct written premiums in US grew by 74% in 2021 to over $4.8 bil., according to statutory financial data from the “Cybersecurity and Identity Theft Insurance Coverage Supplement.” Premiums for standalone coverage increased by 92% to over $3.1 billion...
by AIP Online Bureau | May 8, 2022 | Indian News, Non-Life, Policy
Fund support was given to the weak general insurance companies last financial year, some more fund requirement is there to bring them back on profitability path, sources said. During 2020-21, Rs 9,950 crore was infused in three PSU general insurers by the government...
by AIP Online Bureau | May 8, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
”The direction of global equity markets along with movement in dollar index and crude oil prices will continue to dominate while inflation numbers of the USA on May 11 and inflation and IIP numbers of India on May 12 will also cause volatility in the...
by AIP Online Bureau | May 8, 2022 | Eco/Invest/Demography, Indian News, Non-Life
”Then a lot of work is happening in the housing sector in urban areas. Consumption overall is going up and the rural growth story is intact. All these put together, I do see that the commercial vehicle industry should see a good growth this year,” Tata...
by AIP Online Bureau | May 8, 2022 | Indian News, Policy, Regulation
The terms of reference of the committee include enhancements in business responsibility and sustainability report, ESG ratings and ESG investing Mumbai: The committee will be headed by HDFC Mutual Fund Navneet Munot, the Securities and Exchange Board of India (Sebi)...
by AIP Online Bureau | May 7, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Aircraft lessors have been caught up in the international response to Russia’s invasion of Ukraine. The Kremlin has blocked the repossession of planes as required by sanctions, stranding roughly 400 jets that had been leased to Russian companies. The Middle East’s...
by AIP Online Bureau | May 7, 2022 | Indian News, Regulation
“It has come to the notice of this office that various airlines are denying boarding to passengers holding confirmed tickets on a flight, although they have presented themselves for boarding within the time specified by the airline. This practice is extremely...
by AIP Online Bureau | May 7, 2022 | Eco/Invest/Demography, Indian News, Policy, Technology
Finance Minister Nirmala Sitharaman The finance minister made it clear that using the distributed ledger technology (DLT), which is also called as blockchain, is absolutely imperative and the government also supports the use of the same the anonymity is what … one...
by AIP Online Bureau | May 7, 2022 | Eco/Invest/Demography, Indian News, Life, Wealth Management/ Philanthropy
However, the Qualified Institutional Buyer (QIB) category received a poor response as just 0.67 per cent of the shares earmarked received the bids on the fourth day of the IPO Mumbai: Shares reserved for non-institutional investors, including high networth...
