by AIP Online Bureau | Jan 6, 2020 | International News, Non-Life, Reinsurance
London: Capsicum Re, the specialist reinsurance broker, today launches its aviation reinsurance team led by David Bell. Bell is based in London and reports to Matt FitzGerald, Managing Partner of the London Property and Specialty division. Matt...
by AIP Online Bureau | Jan 6, 2020 | Banking & Bancassurance, Intermediaries, International News, Life
HONG KONG, CHINA: Prudential Vietnam Assurance Private Limited ("Prudential Vietnam"), a subsidiary of Prudential plc, and Southeast Asia Commercial Joint Stock Bank ("SeABank") have entered into an exclusive bancassurance partnership with a...
by AIP Online Bureau | Jan 6, 2020 | Intermediaries, International News
Chicago: US based Gallagher today announces that it has extended its investment in Asia with the acquisition of a minority stake in specialist Malaysian broker SP&G Insurance Brokers Sdn Bhd (“SP&G”). Terms of the transaction were not...
by AIP Online Bureau | Jan 6, 2020 | Eco/Invest/Demography, Indian News
Mumbai: Indian shares slid on Monday as tensions in the Middle East lifted crude prices, stoking fears of inflationary pressures as well as a rise in the import bill for the world’s third biggest oil consumer. The S&P BSE Sensex plunged 850...
by AIP Online Bureau | Jan 5, 2020 | Eco/Invest/Demography, Facts, Health, Non-Life
A recent study in India has found an association between exposure to air pollution and poor bone health. Osteoporosis is a disease in which the density and quality of the bone are reduced. Globally, it is responsible for a substantial burden of disease...
by AIP Online Bureau | Jan 5, 2020 | Eco/Invest/Demography, Indian News
New Delhi: The government is considering a new law for setting up social impact companies, where profits can be distributed among the shareholders. An official said having such companies would help in attracting private capital for developmental activities in...
by AIP Online Bureau | Jan 5, 2020 | Eco/Invest/Demography, International News, Non-Life, Risk Management
German automaker Daimler AG said on Saturday it will recall 744,000 Mercedes-Benz vehicles in the United States from the 2001 through 2011 model years because the sunroof glass panel could detach and pose a hazard. The large recall covers more two dozen...
by AIP Online Bureau | Jan 5, 2020 | Eco/Invest/Demography, Indian News
NEW DELHI : In significant changes in income tax return filing forms, individual taxpayers owning house property in joint ownership and those who have paid ₹1 lakh in electricity bills in a year or incurred ₹2 lakh expense on foreign travel cannot file their...
by AIP Online Bureau | Jan 5, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life
New Delhi: The government is unlikely to announce capital infusion for the public sector banks (PSBs) in the upcoming Budget and will rather encourage them to expedite recovery of bad loans and raise funds from the market. Besides, sources said, banks...
by AIP Online Bureau | Jan 5, 2020 | Eco/Invest/Demography, Indian News, Policy, Regulation
NEW DELHI : Unlisted companies might soon be required to submit their financial statements to the government on a quarterly or half-yearly basis, according to an official. There are more than 11 lakh unlisted companies that are active in the country and...
