by AIP Online Bureau | Aug 12, 2019 | Indian News, Non-Life, Reinsurance, Risk Management
New Delhi: A cluster of international reinsurers led by the Munich Re, the largest reinsurer in the world, and GIC Re have recently provided the renewal cover for the India’s largest private sector corporate account- Reliance Industries’...
by AIP Online Bureau | Aug 12, 2019 | Eco/Invest/Demography, International News, Risk Management
New York/Mumbai: Goldman Sachs Group Inc said on Sunday that fears of the U.S.-China trade war leading to a recession are increasing and that Goldman no longer expects a trade deal between the world's two largest economies before the 2020 U.S. presidential...
by AIP Online Bureau | Aug 11, 2019 | Disaster & Management, Eco/Invest/Demography, Indian News
The death toll in Kerala floods mounted to 72 even as rains abated on August 11 after pounding the state for days, while the situation remained grim in Karnataka, Maharashtra and Gujarat where 97 people have lost their lives so far due to the monsoon fury. All...
by AIP Online Bureau | Aug 11, 2019 | Disaster & Management, Eco/Invest/Demography, Indian News
BELAGAVI: Karnataka Chief Minister B S Yediyurappa on Sunday said the preliminary estimate of flood related loss in the state was Rs 10,000 crore even as he urged the Centre to release Rs 3,000 crore as immediate aid. . He was speaking to reporters after...
by AIP Online Bureau | Aug 11, 2019 | Eco/Invest/Demography, Indian News
Mumbai: Continuing with their selling spree, foreign investors pulled out a net amount of Rs 9,197 crore in just seven trading sessions in August due to unconducive domestic and global factors. However, analysts said the trend may reverse if the government...
by AIP Online Bureau | Aug 10, 2019 | Climate, Environment, Renewable Energy, Disaster & Management, International News
Chicago: Total economic losses, largely flood-driven, were expected to exceed US$600 million, while public and private insurers paid out nearly US$300 million, said Aon in its latest edition of its monthly Global Catastrophe Recap report, which evaluates the...
by AIP Online Bureau | Aug 10, 2019 | Disaster & Management, Eco/Invest/Demography, Indian News
New Delhi: Several states, including Kerala, Maharashtra and Karnataka on Friday battered by incessant rains for the second consecutive day and have exprienced landslides and floods wreaking havoc, rising deaths. Heavy to very heavy rainfall is...
by AIP Online Bureau | Aug 9, 2019 | Eco/Invest/Demography, Indian News, Non-Life
Mumbai: Home grown auto majors Tata Motors and Mahindra & Mahindra (M&M) are suspending automobile manufacturing in order to adjust production with market demand. M&M on Friday said it will be suspending production for 8-14 days in the...
by AIP Online Bureau | Aug 9, 2019 | Indian News, Non-Life, Regulation
New Delhi: President Ram Nath Kovind on Friday gave assent to the the Motor Vehicles (Amendment) Bill, 2019, which will tighten road traffic regulations such as issuance of driving licence and impose stricter penalties for violations in an attempt to improve...
by AIP Online Bureau | Aug 9, 2019 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Risk Management
New York: Global commercial insurance pricing increased for the seventh consecutive quarter in the second quarter of 2019, according to Marsh's quarterly Global Insurance Market Index, a proprietary measure of global commercial insurance premium pricing...
