by AIP Online Bureau | Mar 8, 2018 | Indian News
New Delhi: For the first time Insurance regulator Irdai today proposed reduction in third party motor premium on insuring small private cars and certain types of two-wheelers, but plans to raise the same for several categories of goods vehicles . The...
by AIP Online Bureau | Mar 8, 2018 | International News, Reinsurance
Paris: French reinsurer SCOR has successfully placed a perpetual deeply subordinated notes issue on the Regulation S USD market in the amount of USD 625 million. This is the first transaction for a restricted Tier 1 instrument with a principal write-down feature...
by AIP Online Bureau | Mar 7, 2018 | International News, Pension & Social Security
Washington: Millenials are not saving enough for their retirement, a study has found, suggesting that they are in need of better financial education. According to the US Census, millennials accounted for more than 25 per cent of the population in 2015,...
by AIP Online Bureau | Mar 6, 2018 | Indian News
New DelhI: The deadline for mandatory linking of Aadhaar to avail various services and welfare schemes run by the government may be further extended beyond March 31, the Centre indicated in the Supreme Court today. The Centre said that since some more time...
by AIP Online Bureau | Mar 5, 2018 | Indian News, Regulation
New Delhi: The powerful Financial Sector Regulatory Appointments Search Committee(FSRAC) headed by cabinet secretary, PK Sinha, on Monday has interviewed nine candidates including lone retired bureaucrat Subhas Chandra Khuntia, a former chief secretary of Karnataka,...
by AIP Online Bureau | Mar 5, 2018 | International News
Paris: AXA, Europe’s second-biggest insurer on Monday, has agreed to buy property and casualty insurance company XL Group for around $15.3 billion((12.4 billion euros), in a deal which AXA said would create a world leader in its particular sector. ...
by AIP Online Bureau | Mar 4, 2018 | Indian News
New Delhi Taking cue from ONGC buyout of HPCL, the government may look at replicating the same in the insurance sector by asking a cash rich PSU general insurer to buyout the smaller ones. A finance ministry official said apart from buy out by cash-rich general...
by AIP Online Bureau | Mar 4, 2018 | Data
Foreign investors pulled out over Rs 110 billion from Indian stocks in February, making it the largest outflow in five months, primarily due to better opportunities in other emerging markets. This is against the total inflow of Rs 137.81 billion by...
by AIP Online Bureau | Mar 4, 2018 | Data
A month before the expiry of the deadline, around 80 per cent of bank accounts and 60 per cent of mobile connections have been linked with national biometric identifier Aadhaar, according to a senior official at UIDAI. The government has mandated submission of the...
by AIP Online Bureau | Mar 4, 2018 | Articles, Climate, Environment, Renewable Energy
Paris: The estimated cost of measures to limit Earth-warming greenhouse gas emissions can be more than offset by reductions in deaths and disease from air pollution, researchers said on Saturday.It would cost $22.1 trillion (17.9 trillion euros) to $41.6 trillion...
