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Fidelis Partnership launches international casualty MGA Sevanta

by AIP Online Bureau | Mar 24, 2025 | International News, Non-Life, Reinsurance

Sevanta will focus on niche international specialty liability, writing business on both a primary and excess basis across a global portfolio Pine Walk Capital Limited, the specialist MGA platform and wholly owned subsidiary of The Fidelis Partnership, is pleased to...
AI buzz on earnings calls in Europe scaling new peaks, spread beyond technology-related sectors

AI buzz on earnings calls in Europe scaling new peaks, spread beyond technology-related sectors

by AIP Online Bureau | Mar 24, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology

Growing use of AI-enabled tools also meant that the machine-learning technology was mentioned repeatedly on analyst calls of companies in other sectors including recruitment, health care and telecommunications The chatter around artificial intelligence on earnings...
Melting Mountain Glaciers- Catastrophic Flash Floods Risk Rises for Millions

Melting Mountain Glaciers- Catastrophic Flash Floods Risk Rises for Millions

by AIP Online Bureau | Mar 24, 2025 | Articles, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Risk Management

The global population depends on the cryosphere – the 10% of the Earth’s land surface that’s covered in ice. But as more glacial lakes form and expand, floods and other risks are rising. A study published in 2024 counted more than 110,000 glacial lakes around the...
SEBI forms committee to review conflict of interest

SEBI forms committee to review conflict of interest

by AIP Online Bureau | Mar 24, 2025 | Eco/Invest/Demography, Indian News, Regulation, Risk Management

“The objective of the high-level committee is to comprehensively review and make recommendations for enhancing the existing framework for managing conflict of interest, disclosures and related matters towards ensuring the high standard of transparency,...
Sebi board allows investment advisers, research analysts to charge advance fees for up to a year

Sebi board allows investment advisers, research analysts to charge advance fees for up to a year

by AIP Online Bureau | Mar 24, 2025 | Eco/Invest/Demography, Indian News, Intermediaries, Regulation, Wealth Management/ Philanthropy

“In order to address those concerns, the board has decided that if agreed by the client, (IAs) and research analysts(RAs) may charge fees in advance up to a period of one year. Earlier, investment advisers IAs and RAs were allowed to charge advance fees for a...
Investors’ wealth swells by Rs 27.10 lakh cr as mkts surge for 6th day

Investors’ wealth swells by Rs 27.10 lakh cr as mkts surge for 6th day

by AIP Online Bureau | Mar 24, 2025 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

FIIs also increased their long positions in index futures, with the Long-Short ratio improving to 31.8 per cent, indicating a gradual shift towards optimism — a factor that likely boosted sentiment in today’s session New Delhi: Markets investors became richer by...
Sebi board allows investment advisers, research analysts to charge advance fees for up to a year

SEBI panel soon to work on conflict of interest rules for board members: Report

by AIP Online Bureau | Mar 24, 2025 | Eco/Invest/Demography, Indian News, Regulation, Risk Management

“We need to not only create trust of all stakeholders in us (SEBI) but we also need to maintain that trust. To that extent, we need to be more transparent, including on various other measures such as conflict of interest of the (SEBI) board and so on,” SEBI Chairman...
GIC Re slashes premium for Terrorism Pool by 10% from Apr 1

GIC Re slashes premium for Terrorism Pool by 10% from Apr 1

by AIP Online Bureau | Mar 23, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

With a total premium of Rs 1655 crore, the claims ratio for IMTRIP was just 0.21 per cent in FY 24. Similarly, with a premium of Rs 1809 crore, the IMTRIP had a claim ratio of just 0.13 per cent in FY 23. Therefore, GIC Re and other members of the Pool had taken...

Shriram General wins court case in fraudulent motor claims case

by AIP Online Bureau | Mar 23, 2025 | Indian News, Non-Life

The case also exposed a nexus between a hospital, police officials, and lawyers to claim motor vehicle accident insurance money by submitting forged documents, fraudulent certificates and medicine bills, Shriram General Insurance Company said in a statement New Delhi:...

FPI outflows ebb amid easing global concerns, optimism over Ukraine war

by AIP Online Bureau | Mar 23, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Last week, FPIs turned net buyers on two occasions, with a significant purchase of Rs 3,181 crore on March 21 and Rs 710 crore on March 19 The Indian equity market has witnessed a moderation in FPIs’ selling pressure with the outflows narrowing to Rs 1,794 crore...
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