by AIP Online Bureau | May 11, 2021 | Health, Indian News, Intermediaries, Non-Life
New Delhi: Medi Assist Healthcare Services has filed preliminary papers with capital markets regulator Securities and Exchange Board of India (Sebi) to float an initial share-sale. The initial public offer (IPO) is entirely an offer of sale of up to 28,028,168...
by AIP Online Bureau | May 11, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
LONDON: Renewable energy grew at its fastest pace in two decades last year, led by China, and will continue to grow in the next two years, a report by the International Energy Agency (IEA) showed on Tuesday. New renewable energy capacity in 2020 rose by 45% to 280...
by AIP Online Bureau | May 11, 2021 | Eco/Invest/Demography, Health, International News, Life, Non-Life, Pandemic
LONDON: European Union insurers will be stress tested for the impact of a prolonged COVID-19 pandemic scenario which could affect the value of their investments and business volumes. The European Insurance and Occupational Pensions Authority (EIOPA) said it will test...
by AIP Online Bureau | May 11, 2021 | Indian News, Non-Life, Regulation
Hyderabad: Regulator IRDAI has imposed a penalty of Rs 30 lakh on SBI General Insurance Company for its failure to comply with the third-party motor insurance regulations. The SBI General Insurance Company had failed to meet the minimum obligations under Motor...
by AIP Online Bureau | May 10, 2021 | Eco/Invest/Demography, International News, Life
Beijing: China’s population growth has been slowing for decades as a combination of rising incomes and a restrictive one-child policy reduced births in the world’s most populous nation. The possibility of a declining population in coming years...
by AIP Online Bureau | May 10, 2021 | Indian News, Non-Life, Reinsurance
Hyderabad: A two year old Working Group constituted by the insurance regulator IRDAI under T. L. Alamelu, member(Non-life), IRDA has made various recommendations,including two new product structures for Title Insurance. The two new products which are suggested...
by AIP Online Bureau | May 10, 2021 | Health, Indian News, Non-Life
Mumbai: Led by state owned New India Assurance, the gross direct premium written by non-life insurance companies rose by over 22 per cent in April this year to Rs 17,309.54 crore, as per regulatory data. All the 33 insurance companies in the non-life segment...
by AIP Online Bureau | May 10, 2021 | Health, Indian News, Life, Non-Life, Pandemic, Regulation
Hyderabad: The insurance rgulator IRDAI has reminded the the insurers that they can't deny, including renewals carona specific covers to any customers, Suresh Mathur, executive director, IRDAI, has written a letter...
by AIP Online Bureau | May 10, 2021 | Eco/Invest/Demography, Health, International News, Life, Non-Life, Pandemic
MADRID/LONDON: As its vaccination drive reaches a third of adults and COVID-19 infections ease, Europe is starting to reopen cities and beaches, raising hopes that this summer’s holiday season can be saved before it is too late. Exhilarated Spaniards chanting...
by AIP Online Bureau | May 10, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance, Risk Management
London, May 10: When much of the global economy locked down last year, insurers, facing estimated losses of more than $100 billion globally, reached straight for their red pens to strike pandemic cover from all new business policies. Denis Kessler, chairman and...
