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CCI clears Patanjali 5 other entities’ proposal to acquire 98% stake in Magma Gen Insurance

by AIP Online Bureau | Apr 16, 2025 | Eco/Invest/Demography, Health, Indian News, Non-Life

Following the CCI approval, Patanjali Ayurved will assume the role of Magma General Insurance’s promoter entity. This will further diversify Patanjali’s portfolio, which currently focuses on healthcare and FMCG. New Delhi: The Competition Commission of...
Near misses, fatal crashes force airlines to confront US worried fliers

Near misses, fatal crashes force airlines to confront US worried fliers

by AIP Online Bureau | Apr 16, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology

“You shouldn’t be scared to get on an airplane, but you should be concerned about the future of our air traffic control system,” said Samuel Engel, a senior vice president of ICF Inc. “We are behind on critical investments and we have an unsustainable funding strategy...
Challenges from tariff uncertainty likely credit negative for insurers: AM Best

Challenges from tariff uncertainty likely credit negative for insurers: AM Best

by AIP Online Bureau | Apr 16, 2025 | Eco/Invest/Demography, International News, Risk Management

“Insurance companies have financial exposure to public equities — more so for P/C companies—whose decline will lead to unrealized losses and ultimately, declines in capital.There are 166 P/C insurers that have more than 25% of their assets allocated to...
Retaliation risk looms for some U.S. corporates as trade war continues: Fitch

Retaliation risk looms for some U.S. corporates as trade war continues: Fitch

by AIP Online Bureau | Apr 16, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology

The scope of potential retaliation is evolving as the trade war focus shifts to China. This raises the risk for other sectors like technology, agriculture, gaming and autos as some casinos and original equipment manufacturers have licenses or joint ventures in China,...
Sebi to review ESG disclosures for listed firms: Chairman

Sebi to review ESG disclosures for listed firms: Chairman

by AIP Online Bureau | Apr 16, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Regulation, Risk Management

Tuhin Kanta Pandey, chairman, Sebi The review, which follows concerns raised by Indian industry on reporting requirements on environment, labour and other issues that it believes are onerous, could focus on easing disclosures for smaller firms, a source familiar with...
Financial Preparedness: Health Insurance gains ground

Financial Preparedness: Health Insurance gains ground

by AIP Online Bureau | Apr 16, 2025 | Articles, Eco/Invest/Demography, Health, Non-Life

Indians continue to favor traditional financial investments such as gold, fixed deposits, insurance-linked savings schemes, and real estate. However, health insurance has now joined this list, finds out a survey by Policybazaar Policybazaar.com, India’s leading online...

Over 1.3 crore get insurance cover through GeM in 2024-25

by AIP Online Bureau | Apr 16, 2025 | Data, Eco/Invest/Demography, Intermediaries, Life, Non-Life

“GeM remains committed to continuously enhancing its platform to provide seamless, secure and cost-effective procurement solutions. The milestone of 1.3 crore insured persons reflects the growing confidence of government organizations in leveraging GeM for their...
Landmark agreement reached at WHO over tackling future pandemics

Landmark agreement reached at WHO over tackling future pandemics

by AIP Online Bureau | Apr 16, 2025 | Eco/Invest/Demography, Health, International News, Pandemic

“In reaching consensus on the Pandemic Agreement, not only did they put in place a generational accord to make the world safer, they have also demonstrated that multilateralism is alive and well, and that in our divided world, nations can still work together to...

China accuses a US spy agency of hacking Asian Winter Games

by AIP Online Bureau | Apr 15, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology

China’s National Computer Virus Emergency Response Center said this month that more than 270,000 foreign cyberattacks were recorded on computer networks associated with the Asian Winter Games between Feb. 7 and Feb. 14. About two-thirds of the attacks were traced to...

China’s murky bankruptcies expose hazards for foreign investors

by AIP Online Bureau | Apr 15, 2025 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management

Gaps in enforcement of China’s insolvency laws can leave creditors vulnerable to opaque dealings and malicious bankruptcy filings by firms seeking to evade payment obligations, or by individuals trying to appropriate company assets DALIAN: When a Chinese pork...
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