by AIP Online Bureau | Feb 14, 2022 | Intermediaries, Non-Life, Reinsurance
News agency Interfax Ukraine said Ukrainian insurance companies had received a notification from reinsurers that airlines were not covered for war risks More airlines are likely to avoid Ukraine’s airspace amid insurance issues and a decision by leading European...
by AIP Online Bureau | Feb 14, 2022 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
An IEA report in May said there should be no investment in new oil and gas fields in order to have a 50% chance of capping global warming at 1.5 degrees Celsius above the pre-industrial average. The financing comes despite 24 of the banks themselves pledging to...
by AIP Online Bureau | Feb 14, 2022 | Climate, Environment, Renewable Energy, International News, Policy
Without getting into specifics, report co-chair Hans-Otto Poertner said the science is clear that there are limits — including temperature limits — to what key ecosystems, species and humans can withstand. And in some places, warming is near those limits and in a few...
by AIP Online Bureau | Feb 14, 2022 | Briefs, Health, Pandemic, Technology
ICICI Lombard, has introduced a video calling facility for all its customers purchasing health insurance. This initiative allows a customer to make an instant video call or schedule one via the official website on their smartphone or laptop in just three simple steps....
by AIP Online Bureau | Feb 14, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
In just two sessions, the total investors’ wealth has eroded by more than Rs 12 lakh crore. Mumbai: Investors’ wealth plummeted by more than Rs 8.47 lakh crore on Monday as the stock market continued to be ravaged by weak global sentiments triggered by...
by AIP Online Bureau | Feb 14, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy
India will need bulky commitments from anchor investors, who will raise about a third of the total money. A further 35% — or Rs 21,000 crore, based on the estimated valuation — will be sold to millions of retail investors. That’s a challenging task To...
by AIP Online Bureau | Feb 14, 2022 | Indian News, Policy, Risk Management, Technology
The apps banned by the Ministry of Electronics and Information Technology include those belonging to large China tech firms such as Tencent, Alibaba and NetEase, and are re-branded versions of apps already banned by India in 2020, the people said asking not to be...
by AIP Online Bureau | Feb 14, 2022 | Banking & Bancassurance, Indian News, Intermediaries, Wealth Management/ Philanthropy
For Citigroup Chief Executive Officer Jane Fraser, the planned India retail sale is part of a restructuring to simplify the U.S. lender, do away with its retail banking operations in 13 countries across Asia and Europe, and focus on high-growth businesses such as...
by AIP Online Bureau | Feb 14, 2022 | Articles, Eco/Invest/Demography, Health, Pandemic, Technology, Workplace/Employee Benefits
With the recent influence of the global health crisis, increasing shifts in personal priorities are changing employees’ expectations of work culture. Tanay Kediyal, Vice President and Chief Operating Officer, Allstate Solutions Private Limited (ASPL) shares his...
by AIP Online Bureau | Feb 14, 2022 | International News, Life
Shriti Vadera, Chair of Prudential, said “Given Prudential’s focus on the growth markets of Asia and Africa, the board has decided with this managed transition of the leadership structure, that the roles of the group CEO and the group CFO will be based in...
