by AIP Online Bureau | Feb 24, 2025 | International News, Non-Life, Reinsurance
Hanh Nguyen, Head of Treaty P&C Underwriting- designate, South-East Asia and India Hanh Nguyen said,“ Underwriting discipline will remain crucial for the markets. We strive to increase insurance penetration in the region by fostering risk mitigation...
by AIP Online Bureau | Feb 23, 2025 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography, Risk Management, Technology
Being implemented since October 2023, the Carbon Border Adjustment Mechanism (CBAM) aims to apply carbon content-based charges on imports of certain emission-intensive products such as steel from countries with less stringent emission regulations, including India New...
by AIP Online Bureau | Feb 23, 2025 | Eco/Invest/Demography, Health, Indian News, Policy
The estimated expenditure for setting up these centres will be Rs 3,200 crore, said Union health ministry officials New Delhi: The government has started a survey to identify gaps and review the infrastructure in all district hospitals in order to implement the budget...
by AIP Online Bureau | Feb 23, 2025 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News
C S Setty, Chairman ,SBI Mumbai: State Bank of India Chairman C S Setty on Sunday said the largest Indian lender is targeting to be Net-Zero by 2055. The bank, the largest in the country, will be celebrating its centenary year of existence then, he said. Setty made...
by AIP Online Bureau | Feb 23, 2025 | Data, Eco/Invest/Demography, Non-Life, Risk Management
Among those deaths, two and three-wheeler occupants comprised 48 per cent and pedestrians 40 per cent, said the report published recently by the Mumbai Traffic Police in association of the Bloomberg Philanthropies Initiative for Global Road Safety Mumbai: Hit-and-run...
by AIP Online Bureau | Feb 23, 2025 | Data, Disaster & Management, Eco/Invest/Demography
Almost half of the credit of scheduled commercial banks is significantly dependent on nature and its ecosystem so any natural calamity impacts their bottomline. By 2030, as per estimates, 42 per cent India’s districts are projected to experience temperature rise...
by AIP Online Bureau | Feb 23, 2025 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
This came following a net outflow of Rs 78,027 crore in January. With these, the total outflow by FPIs has reached Rs 1,01,737 crore in 2025 so far, data with the depositories showed. This massive selling has resulted in the Nifty yielding negative returns of 4 per...
by AIP Online Bureau | Feb 22, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
Nirmala Sitharaman, Union Finance Minister The country recorded 3 billion AI-related app downloads in 2024, while the US and China had only 1.5 billion and 1.3 billion downloads, respectively Kottayam (Kerala): Union Finance Minister Nirmala Sitharaman on Saturday...
by AIP Online Bureau | Feb 22, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Wealth Management/ Philanthropy
Warren Buffett, chairman, Berkshire Hathaway “You really saw the power of Berkshire’s insurance operations and investments,”Thomas Russo, a partner at Gardner Russo & Quinn in Lancaster Warren Buffett’s Berkshire Hathaway on Saturday posted...
by AIP Online Bureau | Feb 22, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy
Shaktikanta Das, Principal Secretary-2 to Prime Minister Narendra Modi `Das will the Principal Secretary-2 to PM-with effect from the date of he assumes office. His office will be co-terminus with the term of PM,’’ said the ACC order. New Delhi: The government...