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Insurers seek zero-coupon bonds to manage long-term risks

by AIP Online Bureau | Dec 3, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation

Zero-coupon bonds could help insurance companies better manage their long-term liabilities, as they step up offerings of guaranteed savings products Mumbai: Indian insurers have asked the government to issue new sovereign debt instruments, including zero-coupon bonds,...

Vanuatu urges World Court to recognise climate change harms

by AIP Online Bureau | Dec 3, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Policy, Risk Management

Vanuatu, one of the small island states that has spearheaded the effort to get the World Court to give a so-called advisory opinion, was the first of more than 100 states and international organisations to give its views during two weeks of proceedings THE HAGUE:...

EPFO invests Rs 34,208 cr in ETFs during Apr-Oct

by AIP Online Bureau | Dec 3, 2024 | Data, Eco/Invest/Demography, Pension & Social Security, Policy, Regulation

The total corpus of various funds managed by EPFO was Rs 24.75 lakh crore as on March 31, 2024, including debt investments of Rs 22,40,922.30 crore and Rs 2,34,921.49 crore in ETFs New Delhi: Retirement fund body EPFO has invested Rs 34,207.93 crore in exchange traded...
FSSAI reclassifies packaged drinking water, mineral water as high-risk food

FSSAI reclassifies packaged drinking water, mineral water as high-risk food

by AIP Online Bureau | Dec 3, 2024 | Health, Indian News, Regulation, Risk Management

The move, effective immediately following an order dated November 29, requires manufacturers to undergo mandatory third-party food safety audits and comply with enhanced quality standards New Delhi: The FSSAI has reclassified packaged drinking water and mineral water...
Aon appoints of Anne Corona as CEO of Enterprise Clients and global chief commercial officer

Aon appoints of Anne Corona as CEO of Enterprise Clients and global chief commercial officer

by AIP Online Bureau | Dec 3, 2024 | Intermediaries, International News, Non-Life, Reinsurance

This appointment is part of Aon’s strategy to advance its commercial capabilities by deepening commercial alignment, integration of data and analytics and service excellence globally to better service clients DUBLIN: Aon plc today announced the appointment of...

Private equity exposure with insurers can be risky for , financial markets, BOE says

by AIP Online Bureau | Dec 2, 2024 | Eco/Invest/Demography, International News, Regulation, Risk Management

Officials are concerned that a potential sharp and correlated deterioration in these investments could amplify risks across global insurers. That could spark “asset fire sales” which disrupt corporate funding markets, the BOE warned London: Private equity’s advance...

No conclusive data to establish direct correlation of disease exclusively due to air pollution: Govt

by AIP Online Bureau | Dec 2, 2024 | Data, Eco/Invest/Demography, Health, Policy

Air pollution is one of the aggravating factors for respiratory ailments and associated diseases, however, there is no conclusive data available in the country to establish direct correlation of disease exclusively due to air pollution, MoS for Health Prataprao Jadhav...

Panel comprising RBI academia preparing new base year for GDP

by AIP Online Bureau | Dec 2, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

The government has decided to update the base year for compilation of Gross Domestic Product (GDP) from 2011-12 to 2022-23, said the Minister of State for Statistics & Programme Implementation Rao Indjerjit Singh in a written reply to Rajya Sabha New Delhi: A...
Sebi cracks down on finfluencers ‘Baap of Charts’ among 7 banned for up to 1 year

Sebi cracks down on finfluencers ‘Baap of Charts’ among 7 banned for up to 1 year

by AIP Online Bureau | Dec 2, 2024 | Eco/Invest/Demography, Indian News, Regulation, Technology

The recommendations were given in the garb of providing educational training related to the securities market, according to Sebi New Delhi,: Intensifying its crackdown on finfluencers, markets regulator Sebi on Monday restrained seven entities, including Mohd...
RBI asks banks to bring down inoperative accounts urgently report their numbers quarterly

RBI asks banks to bring down inoperative accounts urgently report their numbers quarterly

by AIP Online Bureau | Dec 2, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

Expressing concern over the rising sums of money lying in such accounts, the RBI said its supervisory inspections have revealed a slew of problems due to which accounts are becoming inoperative or get frozen Mumbai: The RBI on Monday asked banks to...
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