by AIP Online Bureau | Jun 6, 2025 | Disaster & Management, Eco/Invest/Demography, International News
PK Mishra, Principal Secretary to the Prime Minister had addressed the Ministerial Roundtable on Disaster Risk Reduction (DRR) Financing at Geneva on 4th June Recognizing the need for diverse financial instruments beyond public finance, he noted that mechanisms such...
by AIP Online Bureau | Jun 6, 2025 | Eco/Invest/Demography, Health, Indian News, Policy
Official sources have maintained that most cases are mild and managed under home care. Since January this year, 55 deaths have been reported in the country. There were a total of 257 active patients in the country on May 22 New Delhi: India’s active Covid case...
by AIP Online Bureau | Jun 6, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation
Sanjay Malhotra,Governor,Reserve Bank of India Explaining Friday’s cut, RBI Governor Sanjay Malhotra said inflation had softened significantly, giving space for continuing policy easing and front loading of rate cuts. The central bank has a 4% inflation target...
by AIP Online Bureau | Jun 5, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation
Central bank acquired acquired equity stake of 24.91 per cent of Future Generali India Insurance Company for Rs 451 crore. It also bought a 25.18 per cent stake in Future Generali India Life Insurance for a cash consideration of Rs 57 crore as part of the insolvency...
by AIP Online Bureau | Jun 4, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Risk Management
N Ramaswamy, CMD, GIC Re “Currently, due to the huge catastrophic risks involved, there is very limited reinsurance capacity available for hydro power plants. More often, catastrophic covers are sub-imited. With climate risks and rising frequency and...
by AIP Online Bureau | Jun 4, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology, Wealth Management/ Philanthropy
While crypto thefts are not new, the use of physical violence is a far more recent trend, said John Griffin, a finance professor at the University of Texas in Austin who tracks financial crimes. A man says he was tortured for weeks in a New York townhouse. Another in...
by AIP Online Bureau | Jun 4, 2025 | Eco/Invest/Demography, Intermediaries, International News, Policy, Risk Management
“Our survey showed supply chain disruptions were a concern to business owners, with 90% reporting they are concerned about the impact of tariffs on their businesses,” Chairman and CEO J. Patrick Gallagher told Reuters A majority of U.S. business owners are worried...
by AIP Online Bureau | Jun 4, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology
Smoke was initially seen rising from a deck loaded with EVs, the company said. It is not clear what brand of vehicles the ship was carrying. EV-related fires on ships are challenging to extinguish due to the heat generated and risk of reignition, which could persist...
by AIP Online Bureau | Jun 4, 2025 | Eco/Invest/Demography, Indian News, Life, Policy
The Insurance Amendment Bill, which proposes allowing 100 per cent foreign direct investment (FDI) in the insurance sector, is expected to be introduced in the upcoming monsoon session of Parliament New Delhi: The Monsoon session of Parliament will be held from July...
by AIP Online Bureau | Jun 4, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance
These numbers are slightly above the long-term average for 1950 to 2024 (12.5 named storms, 6.5 hurricanes and 2.6 severe hurricanes) and are in line with expectations for the cyclical warm phase in the North Atlantic since the mid-1990s (15.8 tropical storms, 7.8...
