by AIP Online Bureau | Jan 23, 2025 | Eco/Invest/Demography, International News, Policy, Regulation, Wealth Management/ Philanthropy
China will commence the second stage of a trial program for insurers’ long-term equity investments in the first half of this year, with an amount of at least 100 billion yuan ($13.7 billion), Wu also said at the briefing. China is guiding local mutual funds and...
by AIP Online Bureau | Jan 23, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Wealth Management/ Philanthropy
A greater participation of mutual funds, insurance firms and retail investors in the Indian stock market has made India one of the top five markets globally despite waning ownership of foreigners New Delhi: The Indian equity market’s reliance on domestic investors has...
by AIP Online Bureau | Jan 23, 2025 | Indian News, Regulation, Risk Management, Technology, Workplace/Employee Benefits
“The commission has no hesitation in stating that the authorities concerned have failed to identify and understand the core issue” said NHRC NEW DELHI: India’s powerful human rights watchdog has admonished labor officials for failure to adequately...
by AIP Online Bureau | Jan 23, 2025 | Indian News, Regulation, Technology
The notice seeks Apple’s explanation regarding reported technical issues with the software update. The complaints have been received on the National Consumer Helpline regarding the performance issues of iPhones New Delhi: Consumer Affairs Minister Pralhad Joshi...
by AIP Online Bureau | Jan 22, 2025 | International News, Regulation, Risk Management
Runway end safety areas at nine airports will be lengthened to 240 meters (787 feet), or the structure holding the so-called localizer — an instrument used to guide landing plane — will be changed to an easily breakable material, Korea’s transport ministry said in a...
by AIP Online Bureau | Jan 22, 2025 | Data, Indian News, Non-Life
The insurer’s combined Ratio for Q3 2025 is 108.1%, as compared to 110.3% in Q3 2024 New Delhi: General insurance firm Go digit on Wednesday reported a nearly three-fold rise in its net profit at Rs 119 crore in the three months ended December 2024. The...
by AIP Online Bureau | Jan 22, 2025 | Articles, Eco/Invest/Demography, Health, Non-Life, Reinsurance, Risk Management
“The high medical trend rate can also be attributed to a higher incidence of cancer and chronic conditions than before the COVID-19 pandemic. Managing the impact of medical inflation therefore should be a top priority for all southeast Asia markets and...
by AIP Online Bureau | Jan 22, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
As well as extending approvals for some sanctioned providers, India’s Directorate General of Shipping authorized Soglasie Insurance Co. to provide insurance for vessels entering Indian ports until February 2026, according to to the regulator’s website. As Soglasie...
by AIP Online Bureau | Jan 22, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Grant Thornton Bharat, Partner, Akhil Chandna said an increase in NPS tax deduction limits and more flexible NPS withdrawal rules would certainly promote retirement savings in the hands of taxpayers New Delhi: As many as 57 per cent of individual taxpayers want taxes...
by AIP Online Bureau | Jan 22, 2025 | Data, Wealth Management/ Philanthropy
The report estimates that demand for wealth management services in terms of assets under management (AUM) will almost double, climbing from US$1.1 trillion in FY24 to US$2.3 trillion by FY29 New Delhi: Deloitte India’s latest report, “Financial Wealth Management...
