by AIP Online Bureau | Nov 29, 2018 | Indian News, Regulation, Reinsurance
Hyderabad: The insurance regulator IRDAI has rejected the deal between Prem Watsa, India-born Canadian billionaire and Sudhir Valia, an associate of Sun Pharma’s Dilip Shanghvi, where the former was acquiring the whole of latter’s two-year old ITI...
by AIP Online Bureau | Nov 29, 2018 | International News, Non-Life, Risk Management
Jakarta: A crashed Lion Air jet should have been grounded over a recurrent technical problem before its fatal journey, Indonesian authorities said, as details from the new jet’s flight data recorder suggested that pilots struggled to control its...
by AIP Online Bureau | Nov 28, 2018 | Health, Indian News
New Delhi: Finance Minister Arun Jaitley said Tuesday as many as 300,000 poor people have benefited from Ayushman Bharat health scheme in the last one-and-a-half months. Speaking at the function to release the book 'Making of New India:...
by AIP Online Bureau | Nov 28, 2018 | Indian News, Policy
NewDelhI: The Competition Commission has cleared LIC's proposed acquisition of up to 51 percent stake in debt-laden IDBI Bank. The deal would help the insurance behemoth to enter the banking space and would provide business synergies despite the IDBI...
by AIP Online Bureau | Nov 28, 2018 | International News, Non-Life, Risk Management
London/New York/Munich/Paris/Singapore: Allianz Global Corporate & Specialty (AGCS), the Allianz corporate insurance carrier, together with Praedicat, an InsurTech analytics company based in Los Angeles, are expanding their partnership to provide a unique analytic...
by AIP Online Bureau | Nov 27, 2018 | Eco/Invest/Demography, Indian News
New Delhi: Nitin Gadkari, Union Minister for Shipping, Road Transport & Highways, Water Resources, River Development said that blue economy is very crucial for India’s economic development. Gadkari will be attending the...
by AIP Online Bureau | Nov 27, 2018 | Health, International News, Non-Life, Trends, Facts
HONG KONG: A Chinese researcher claims that he helped make the world’s first genetically edited babies — twin girls born this month whose DNA he said he altered with a powerful new tool capable of rewriting the very blueprint of life. If true,...
by AIP Online Bureau | Nov 27, 2018 | Eco/Invest/Demography, Indian News
Mumbai: Markets regulator issued detailed guidelines for setting up of alternative investment funds in international financial services centres, pertaining to registration, compliance requirements and restrictions. For registration as Alternative...
by AIP Online Bureau | Nov 27, 2018 | Disaster & Management, International News, Non-Life, Reinsurance, Risk Management
Boston: Catastrophe modeling firm AIR Worldwide (AIR) today released its “2018 Global Modeled Catastrophe Losses” report, detailing key loss metrics from AIR’s global industry exceedance probability (EP) curve. Based on the...
by AIP Online Bureau | Nov 26, 2018 | Eco/Invest/Demography, Indian News, Non-Life
New Delhi: The domestic automotive aftermarket, which has grown at a compounded annual growth rate (CAGR) of 14 percent in the last five years, is expected to touch Rs 75,000 crore by 2020, a report said Monday. The country's car market also has the...
