by AIP Online Bureau | Mar 4, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
North America is identified as the region likely to be most financially impacted by the scenario, suffering a potential economic loss of $755 billion over the modelled five year period. However, the gap between the impact on North America and Europe is relatively...
by AIP Online Bureau | Mar 4, 2025 | Indian News, Life, Non-Life, Policy
Justice Anant Ramanath Hegde ruled that a nominee can receive the insurance benefits only if the legal heirs do not claim them. If a legal heir asserts their right, the nominee’s claim must yield to personal succession laws Bengaluru: In a crucial ruling, the...
by AIP Online Bureau | Mar 4, 2025 | Indian News, Regulation
This category of income included earnings from annual fees and subscriptions, listing fees contribution from stock exchanges, income generated from registration, renewal, application and offer documents filed by companies and market infrastructure institutions Mumbai:...
by AIP Online Bureau | Mar 4, 2025 | International News, Non-Life
The combined operations produced approximately $275 million in net premiums written in 2024 ZURICH: Chubb Limited on Monday announced agreements to acquire the insurance businesses of Liberty Mutual in Thailand and Vietnam. The terms were not disclosed. The two...
by AIP Online Bureau | Mar 4, 2025 | Eco/Invest/Demography, Indian News, Regulation
The HC’s judgement came on petitions filed by Buch, three current whole-time SEBI directors – Ashwani Bhatia, Ananth Narayan G and Kamlesh Chandra Varshney and two BSE officials – Managing Director and Chief Executive Officer Ramamurthy and its...
by AIP Online Bureau | Mar 3, 2025 | International News, Risk Management
Korean authorities said the measures were in response to public anxiety about fires after an Air Busan plane was consumed in flames in January while waiting to take off. Investigators have not yet determined the cause of the fire, but a preliminary investigation...
by AIP Online Bureau | Mar 3, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The industry has ample capability to absorb individual large loss events but is more vulnerable if there is a confluence of events in a short term. This was evidenced during 2001-2002, which included the September 11, 2001 terrorist attacks, a few hurricane events,...
by AIP Online Bureau | Mar 3, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
“We have suggested the solicitor general to deliberate upon and suggest such a regulatory mechanism which does not impinges upon the right of free speech and expression but at the same time is also effective enough to ensure the parameters of such fundamental...
by AIP Online Bureau | Mar 3, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy, Risk Management
Chief Economic Advisor V Anantha Nageswaran said it is very important to remember the relevance and the importance of gold for a portfolio, a store of value etc, more so in the backdrop of the likely ascending importance of gold in the coming years. New Delhi: Gold...
by AIP Online Bureau | Mar 3, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Workplace/Employee Benefits
The bench said it would hear the pleas on Tuesday and added that until then, the state Anti-Corruption Bureau (ACB), which was directed to probe the case, shall not act upon the special court order. Solicitor General Tushar Mehta appeared for Buch and three current...
