by AIP Online Bureau | Nov 22, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management
The NGT had earlier sought the response of various states and union territories in the matter. It had taken suo motu (on its own) cognisance of a newspaper report regarding the detection of arsenic and fluoride in the groundwater across 230 districts in 25 states, and...
by AIP Online Bureau | Nov 22, 2024 | Briefs, Non-Life, Reinsurance
Chaucer, the leading global speciality (re)insurance group, announces the appointment of Jonathan Ng as new Class Underwriter in Political Risk, Singapore.Jonathan joins Chaucer from AXA XL where he specialised in political risk underwriting in Catlin’s Lloyd’s...
by AIP Online Bureau | Nov 21, 2024 | Eco/Invest/Demography, Indian News, Intermediaries, Life, Non-Life
Indian insurance industry is expecting legislative measures allowing 100 % FDI and launching new systems like composite license’, differential capital’, reduction in solvency norms’, captive license, change in investment regulations, one-time...
by AIP Online Bureau | Nov 21, 2024 | Indian News, Technology
“The round also saw participation from existing investor Blume Ventures, said Zopper which is also backed by Creaegis, Bessemer Venture Partners and ICICI Venture. Zopper will use this fresh funding to ramp up its digital technology infrastructure, by...
by AIP Online Bureau | Nov 21, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life, Reinsurance, Technology
K Rajaraman, chairman, International Financial Services Centre Authority IFSCA’s light touch and principle-based regulations have been aligned to global standards to provide the entities with flexibility to offer products in various classes of business including...
by AIP Online Bureau | Nov 21, 2024 | Eco/Invest/Demography, International News, Risk Management
The proposed break-up floated in a 23-page document filed late Wednesday (Thursday AEDT) by the US Department of Justice calls for sweeping punishments that would include a sale of Google’s industry-leading Chrome web browser and impose restrictions to prevent Android...
by AIP Online Bureau | Nov 21, 2024 | Indian News, Risk Management
Gautam Adani, chairman and founder, Adani Group However, Adani group on Thursday denied charges of paying bribe to secure favourable terms for solar power contracts, saying the allegations by US prosecutors are baseless and the conglomerate is compliant with all laws....
by AIP Online Bureau | Nov 21, 2024 | Intermediaries, International News, Non-Life, Reinsurance, Risk Management
Magnus Roe, global chief data and analytics officer, Aon This appointment is part of the firm’s strategy to advance its commercial solutions with analytical capabilities and empower clients to make better decisions SINGAPORE: Aon plc, the second largest international...
by AIP Online Bureau | Nov 21, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
Geopolitical issues, natural catastrophe events, climate transition and people were top concerns today and tomorrow as organisations highlighted a wide range of emerging risks fostering volatility. These range from global elections to uncertainty leading to...
by AIP Online Bureau | Nov 21, 2024 | Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance, Risk Management
Recent years have also seen a growing list of pharma, food, and chemical products become the target of billion-dollar class action litigation, including opioids, talcum powder, indigestion remedies, and herbicide. Cancer is increasingly a feature of such litigation...
