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Non-life insurers’ Jan premium collection up 7.2% at Rs 17,226 cr

by AIP Online Bureau | Feb 16, 2020 | Indian News, Non-Life

  New Dlhi: India's non-life insurance companies registered a 7.2 per cent rise in their combined new premium collection at Rs 17,225.75 crore in January this fiscal, Irdai data showed.   The 35 insurers' gross premium collection stood at Rs...

Govt allows firms to list global depository receipts at IFSC

by AIP Online Bureau | Feb 16, 2020 | Eco/Invest/Demography, Indian News, Policy

  New Delhi: Indian companies now have the option to list their global depository receipts at the international financial services centre in Gujarat, with the government amending the rules.   The move would help companies in having another avenue for raising...

FPIs invest Rs 24,617 crore in February

by AIP Online Bureau | Feb 16, 2020 | Eco/Invest/Demography, Indian News

  New Delhi: Foreign investors remained net buyers in the first half of February by investing a net sum of Rs 24,617 crore in the Indian markets due to positive sentiments post-Budget and the central bank's decision to maintain an accommodative stance in its...

Capital mkts can play crucial role in achieving $5 trillion economy: Thakur

by AIP Online Bureau | Feb 16, 2020 | Eco/Invest/Demography, Indian News

New Delhi: Indian capital market is robust and can play a crucial role in achieving USD 5 trillion economy by 2025, Minister of State for Finance Anurag Thakur said on Saturday.   The exchanges and brokerages are playing a crucial role in capital formation in the...

Association of stock brokers ANMI to mobilise 10 mn investors for LIC IPO

by AIP Online Bureau | Feb 16, 2020 | Eco/Invest/Demography, Indian News, Life

  New Delhi: Association of stock brokers ANMI on Saturday said it will mobilise 10 million investors for the initial public offering of insurance behemoth LIC in order to unlock the true potential of the country's crown jewel, akin to the Saudi Aramco....

Coronavirus: China tries 3,000-year-old traditional remedy to treat patients

by AIP Online Bureau | Feb 16, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health, Non-Life

  SHANGHAI/BEIJING : China is administering its centuries-old traditional medicine on patients affected by the coronavirus disease, a top health official said.   Treatment in Wuhan hospitals combine Traditional Chinese Medicine, popularly known as TCM, and...

COVID-19 coronavirus:Locking people up to stop virus spread could prompt legal fights

by AIP Online Bureau | Feb 16, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Non-Life, Reinsurance

  LONDON : The UK health secretary on Monday morning authorized an unprecedented policy for stopping possible carriers of the coronavirus: Lock them up. It was the first time in modern British history that such a move has been made in response to an epidemic...

COVID-19 coronavirus:Chinese tourist in France, first such death in Europe

by AIP Online Bureau | Feb 16, 2020 | Disaster & Management, Eco/Invest/Demography, Health, International News, Non-Life

  Brussels:  An elderly Chinese tourist in France has died after contracting the COVID-19 coronavirus, becoming the first fatality outside of the Asia-Pacific region in an epidemic that has killed more than 1,500 people in mainland China.   The...

Munich Re targets growing global energy weather hedges

by AIP Online Bureau | Feb 15, 2020 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

  ESSEN, Germany: Munich Re is seeing growing demand for weather exposure protection from energy companies and their customers as they roll out more renewable energy installations, which are prone to fluctuations.   Munich Re estimates the annual market at...

DGCA orders probe into Air India’s tail-strike incident

by AIP Online Bureau | Feb 15, 2020 | Indian News, Non-Life

  New Delhi: Even as Air India has hit the London market for its insurance renewal that is due on Apr 1, te country's civil aviation regulator, the Directorate General of Civil Aviation (DGCA) has ordered a probe into an incident involving tail scraping of an...
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