by AIP Online Bureau | Mar 17, 2019 | Data, Eco/Invest/Demography
Overseas investors poured in more than Rs 20,400 crore in the domestic capital market in the first half of March, mainly driven by positive global cues. The expectation of a positive outcome from the US-China trade agreement along with US Fed's...
by AIP Online Bureau | Mar 17, 2019 | Eco/Invest/Demography, International News
According to Clyde & Co's global insurance practice,.there were 382 completed mergers and acquisitions (M&A) worldwide in the insurance sector in 2018, up 9% (from 350) from the previous year. With 196 deals in the second half of the year, following...
by AIP Online Bureau | Mar 17, 2019 | International News, Risk Management
WASHINGTON: A top U.S. banking regulator said on Friday that PricewaterhouseCoopers will pay $335 million to settle claims of “professional negligence,” after saying the auditor should have identified problems leading to the 2009 collapse of...
by AIP Online Bureau | Mar 16, 2019 | International News, Non-Life
OLDWICK: The U.S. property/casualty (P/C) industry’s net income improved significantly to $61.4 billion in 2018, a $25.2 billion increase from the prior year, aided by a reduction in catastrophe losses and an increase in net investment income. These preliminary...
by AIP Online Bureau | Mar 16, 2019 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News
New York Mayor Bill de Blasio proposed a $10 billion plan to push out the lower Manhattan coastline as much as 500 feet, or two city blocks, to protect from flooding that’s expected to become more frequent as global temperatures rise. The project...
by AIP Online Bureau | Mar 16, 2019 | International News, Non-Life, Risk Management
The U.S. Securities and Exchange Commission (SEC) is suing Volkswagen (VW) and its former chief executive Martin Winterkorn over the German automaker’s diesel emissions scandal, alleging a “massive fraud” on U.S. investors. VW was...
by AIP Online Bureau | Mar 16, 2019 | International News, Risk Management, Technology
Seven in 10 Americans don’t want to go anywhere near self-driving cars. The portion of Americans who fear autonomous vehicles—71 percent in the American Automobile Association’s(AAA) latest survey—is virtually unchanged from...
by AIP Online Bureau | Mar 16, 2019 | International News, Risk Management
Lawyers are already targeting Boeing Co. for Sunday’s Ethiopian Airlines disaster even while investigators are still trying to figure out what caused two 737 Max 8 jetliners to go down in a span of five months, killing 346 people. Boeing faces the...
by AIP Online Bureau | Mar 16, 2019 | Health, Indian News
New Delhi The Congress launched a scathing attack on Prime Minister Narendra Modi on March 16, alleging that his government's flagship health insurance scheme Ayushman Bharat is not for common man but actually a "lifesaver" for private insurance...
by AIP Online Bureau | Mar 15, 2019 | Uncategorized
New Delhi: India's life insurance industry witnessed a rise of 32.7 per cent in its collective new premium income at Rs 18,209.50 crore during February 2019, data from Irdai showed. The life insurers had collected first-time premium worth Rs...
