by AIP Online Bureau | Apr 23, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The new group, to be called Helvetia Baloise Holding, will become one of the ten largest insurers in Europe, under what the two companies called a “merger of equals” with an even spread of senior executives and board members Helvetia and Baloise plan to merge to...
by AIP Online Bureau | Apr 23, 2025 | International News, Non-Life, Reinsurance
The Tokyo-based casualty insurer has the highest market share in Asia among global firms, but it’s No. 3 among Japanese peers in North America, “so the challenge is how to become the top player there,” said Shinichiro Funabiki,CEO, MS&AD Insurance Group Holdings...
by AIP Online Bureau | Apr 23, 2025 | Eco/Invest/Demography, Indian News, Policy
Gita Gopinath, chief economist, IMF IMF’s outlook report pegs the Indian economy to grow at 6.2 per cent in 2025 and 6.3 per cent in 2026, which is over 2 percentage points above second-ranked China’s economic growth forecast at 4 per cent for 2025 and 4.6 per...
by AIP Online Bureau | Apr 23, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security
The Assets Under Management (AUM) for both NPS and Atal Pension Yojana (APY) expanded by 23 per cent during 2024-25 to Rs 14.43 lakh crore by end-March 2025, it said New Delhi: The National Pension System (NPS) has achieved significant growth with private sector...
by AIP Online Bureau | Apr 23, 2025 | Indian News, Intermediaries, Non-Life, Reinsurance
Anant Pawar, Aviation & Space Leader, Willis,India Willis handles Indigo’s re/insurance accounts. It is the largest airline in India by passengers carried and fleet size, with a 63.6 per cent domestic market share Mumbai: Willis, a business of WTW has...
by AIP Online Bureau | Apr 23, 2025 | Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy
This demand has been driven by rising geopolitical tensions and ongoing global economic uncertainties. His recent comments and decisions, including imposing tariffs on Chinese goods and questioning the Fed’s policies, have added to market volatility New Delhi: Gold...
by AIP Online Bureau | Apr 22, 2025 | International News, Non-Life
Based in Singapore, Blizzard will report to Marcos Gunn, Regional President, Asia Pacific, with a matrix reporting line to Daniela Hernandez, Division President for International A&H, Overseas General Insurance Singapore: Chubb announced today the appointment of...
by AIP Online Bureau | Apr 22, 2025 | International News, Non-Life, Reinsurance
Prior to this role, Bernhard Kaufmann was Chief Risk Officer at NN Group and held various senior leadership roles at Munich Re Group, most recently as Group Chief Risk Officer Zurich: Bernhard Kaufmann has held Chief Risk Officer positions in the re/insurance industry...
by AIP Online Bureau | Apr 21, 2025 | Eco/Invest/Demography, Policy, Risk Management
Overseas investors scooped up some 2.18 trillion yen ($15.49 billion) of JGBs with maturities of more than 10 years in March, figures released by the Japan Securities Dealers Association showed on Monday, the largest amount since the data series started in April 2004...
by AIP Online Bureau | Apr 21, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology
UNODC estimates that hundreds of industrial-scale scam centers generate just under $40 billion in annual profits BANGKOK: Transnational organized crime groups in East and Southeast Asia are spreading their lucrative scam operations across the globe in response to...
