by AIP Online Bureau | Apr 29, 2022 | International News, Life, Non-Life, Technology
By the end of 2021, an enormous $41.65 billion had been invested globally into InsurTechs across 2,249 deals in 63 countries. It included 99 mega-round deals, which accounted for $21.88 billion of the total. Therefore, more than half of all the investment (52%)...
by AIP Online Bureau | Apr 29, 2022 | Indian News, Life, Workplace/Employee Benefits
The LIC IPO aims to raise as much as Rs 210 billion ($2.7 billion) by pricing shares between 902 rupees to Rs 949 rupees each. Norges Bank Investment Management, GIC Pte and Abu Dhabi Investment Authority will be among the anchor names due to be announced Monday, the...
by AIP Online Bureau | Apr 29, 2022 | International News, Risk Management
A proposed law on so-called Strategic Lawsuits Against Public Participation, or SLAPPs, targets “groundless or exaggerated” lawsuits intended to “censor, intimidate and silence” journalists and others, the European Commission announced on Wednesday Wealthy individuals...
by AIP Online Bureau | Apr 29, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The Sakhalin-1 project produces Sokol crude oil off the coast of Sakhalin Island in the Russian Far East, exporting about 273,000 barrels per day, mainly to South Korea, and to other destinations including Japan, Australia, Thailand and the United States Exxon said on...
by AIP Online Bureau | Apr 29, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Moscow’s ability to ship that grade, which requires vessels that can break through ice, is becoming harder due to concerns from shippers over reputational risk and the increasing difficulty for Russian assets to find insurance coverage New Delhi: India’s Oil and...
by AIP Online Bureau | Apr 29, 2022 | Eco/Invest/Demography, Health, Indian News, Policy
Prime Minister Narendra Modi PM Modi said the government focused on seven things in terms of health including preventive healthcare including through yoga and swachhta campaigns, early detection through new testing centres, primary healthcare centres in every...
by AIP Online Bureau | Apr 28, 2022 | Indian News, Life
SBI Life said it registered a growth of 39 per cent in the value of new business (VoNB) to Rs 3,700 crore in FY22 Mumbai: SBI Life Insurance (SBI Life) on Thursday reported a 26.3 per cent rise in its net profit at Rs 672 crore for quarter ended March 2022. The life...
by AIP Online Bureau | Apr 28, 2022 | Indian News, Life
The life insurer’s new business value (NBV), which is the metric used to measure profitability of life insurance businesses, increased by 72 per cent to 621 crore in FY22 over Rs 361 crore in FY21 Mumbai: Bajaj Allianz Life’s ‘net profit in Q4 FY22...
by AIP Online Bureau | Apr 28, 2022 | Health, Indian News, Non-Life
Prasun Sikdar, managing director and CEO, ManipalCigna Halth Insurance The product offers cashless services even for OPD expenses, industry first feature `Switch Off’ that allows customers to switch off the cover while travelling abroad from second year onwards,...
by AIP Online Bureau | Apr 28, 2022 | Indian News, Life
Communist Party of India (CPI) general secretary D Raja said it was a “matter of regret” that the BJP-led NDA government is selling off all national assets through monetisation policy and privatisation of public sector units. He said it was a ”tragedy”...
