by AIP Online Bureau | Sep 3, 2021 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News
NEW YORK: Marsh McLennan, the world’s leading professional services firm in the areas of risk, strategy and people, launched its Flood Risk Index to help governments and organizations better assess their exposure and vulnerability to more frequent and...
by AIP Online Bureau | Sep 3, 2021 | Indian News, Life, Policy
New Delhi: The government has for the second time invited bids from law firms to advise it on the mega initial public offering of LIC. On July 15, the government had floated request for proposal (RFP) inviting bids from reputed legal advisors and the last date...
by AIP Online Bureau | Sep 2, 2021 | Indian News, Life
Mumbai, Sept 3: After failing to acquire Max life four years back,Mumbai based HDFC Life Insurance, the second largest private sector life insurer, has decided to take over Bengaluru Exide Life for Rs. 6,687 crore. HDFC Life will issue 8,70...
by AIP Online Bureau | Sep 2, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology
India unveiled a data-sharing system that could revolutionize investing and credit, giving millions of consumers greater access and control over their financial records and expanding the potential pool of customers for lenders and fintech companies. Regulators...
by AIP Online Bureau | Sep 2, 2021 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology
Facebook Inc.’s WhatsApp was ordered to pay a 225 million-euro ($266 million) penalty for failing to be transparent about how it handled personal information, its first fine under beefed-up European Union data protection law. The Irish Data Protection Commission...
by AIP Online Bureau | Sep 2, 2021 | Eco/Invest/Demography, International News
Singapore: Singapore Exchange unveiled new rules allowing special purpose acquisition companies (SPACs) to list in the city-state, after easing some measures viewed as too strict by participants, as it seeks to tap a global trend in such listings. SGX’s...
by AIP Online Bureau | Sep 2, 2021 | International News, Non-Life, Reinsurance, Risk Management
Zurich,Sept 02: Swiss Re today announced plans to create a central cyber underwriting team. John Coletti from AXA XL, will join Swiss Re as head of Global Cyber. Maya Bundt, the current Head of Cyber Solutions, has decided to take on a newly created role...
by AIP Online Bureau | Sep 2, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy
New Delhi: More than half of India's adult population has received at least one dose of COVID-19 vaccine and 16 per cent have got both, the Union government said on Thursday as the cumulative number of doses administered in the country crossed 66 crore. In Sikkim,...
by AIP Online Bureau | Sep 2, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Munich, Sept 02: After successfully issuing a green bond in 2020, Munich Re has launched a green subordinated bond for the second time in its corporate history. The volume of the issue is €1bn. The bond has a coupon of 1.00 % and will mature in 2042. By...
by AIP Online Bureau | Sep 2, 2021 | Indian News, Intermediaries, Non-Life, Reinsurance
SINGAPORE/Mumbai, Sept 02: After receiving approval from the regulator IRDAI, USA based re/insurance broker Aon plc today, announced that it has increased its stake in Aon India Insurance Brokers from 49 percent to 100 percent, acquiring the...
