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by AIP Online Bureau | Aug 14, 2025 | Data, Eco/Invest/Demography, Risk Management, Technology, Wealth Management/ Philanthropy

Mumbai: Crypto exchange platform CoinDCX on Thursday said it has rolled out a nationwide financial literacy initiative with an investment of Rs 10 crore to empower every Indian with the knowledge to participate in the rapidly growing digital asset economy....
Swiss Re sets up task force to monitor tariff impact

Swiss Re sets up task force to monitor tariff impact

by AIP Online Bureau | Aug 14, 2025 | Eco/Invest/Demography, International News, Reinsurance, Risk Management

Chief Executive Officer Andreas Berger said he doesn’t see the tariffs directly affecting the reinsurance industry, but the task force aims to find out how there are indirect impacts from the levies. Swiss Re AG has set up a task force to see how the tariffs installed...

Australia’s financial regulator sues Mercer over customer disclosures

by AIP Online Bureau | Aug 14, 2025 | Eco/Invest/Demography, International News, Pension & Social Security, Regulation

The lawsuit comes after an Australian Securities and Investments Commission report criticized leadership across the A$4.1 trillion pensions industry for fostering a culture of poor customer service, outlining 34 recommendations for reform. The regulator has also taken...
Liberty Mutual to pay $4.7 million for settling U.S. criminal bribery probe against its Indian subsidiary

Liberty Mutual to pay $4.7 million for settling U.S. criminal bribery probe against its Indian subsidiary

by AIP Online Bureau | Aug 14, 2025 | Banking & Bancassurance, Indian News, Non-Life

In a letter made public on Monday, the Justice Department said the subsidiary, Liberty General Insurance, paid $1.47 million in bribes to six state-owned banks, which in exchange referred customers to its insurance products. Washington: US insurer Liberty Mutual will...
After 18 yrs S&P upgrades India’s sovereign rating on economic resilience, infra spending, inflation control

After 18 yrs S&P upgrades India’s sovereign rating on economic resilience, infra spending, inflation control

by AIP Online Bureau | Aug 14, 2025 | Eco/Invest/Demography, Indian News, Policy

“India is prioritising fiscal consolidation, demonstrating the government’s political commitment to deliver sustainable public finances, while maintaining its strong infrastructure drive,” S&P said in a statement New Delhi: In a landmark...
Massive cloudburst in J-K’s Kishtwar,46 dead

Massive cloudburst in J-K’s Kishtwar,46 dead

by AIP Online Bureau | Aug 14, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Indian News

“A massive Cloud burst in Chositi area, which could result in substantial casualty. Administration has immediately swung into action, rescue team has left for the site”, said Union Minister Jitendra Singh said on X. JAMMU: At least 46 persons are feared dead and over...
Industry must follow ethical practices in labelling advertising food products: Govt

Industry must follow ethical practices in labelling advertising food products: Govt

by AIP Online Bureau | Aug 13, 2025 | Eco/Invest/Demography, Indian News

“Food labelling should not just be a marketing tool, but it should also be treated as the most essential factor of trust between a manufacturer and a consumer. We want truthful and honest declaration of whatever is contained in the food product, and the consumer...
Govt appoints IDBI Capital, and Motilal Oswal for LIC’s OFS

Govt appoints IDBI Capital, and Motilal Oswal for LIC’s OFS

by AIP Online Bureau | Aug 13, 2025 | Indian News, Life, Policy, Regulation

The OFS , which could be between 2.5% and 3% of government’s equity in LIC, could mobilise between Rs14,000 crore and Rs 17,000 crore New Delhi: The government is firming up further stake sale of between 2.5% and 3% of its equity in Life Insurance Corporation...

Lockton hires Darshan Parikh from Marsh

by AIP Online Bureau | Aug 13, 2025 | Briefs, Intermediaries, Non-Life, Reinsurance

Lockton, has announced the appointment of Darshan Parikh as senior director, corporate solutions group (CSG).He was with Marsh Insurance Brokers, where he led the Marine, Aviation, and Facultative Reinsurance businesses. With over 15 years of experience in global and...

Typhoon Podul blows through southern Taiwan leaving one person missing

by AIP Online Bureau | Aug 13, 2025 | Workplace/Employee Benefits

All domestic flights were canceled on Wednesday – 252 in total – while 155 international flights were also called off, the transport ministry said Typhoon Podul blew through southern Taiwan on Wednesday packing winds of up to 191 kph (118 mph) and leaving one person...
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