by AIP Online Bureau | Sep 4, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Wealth Management/ Philanthropy
Based on indicative price of Rs 395.03 for the bids, institutional investors put Rs 2,284 crore bids for GIC Re shares as of 3:20 pm on Wednesday. Retail investors will get to bid in the OFS on Thursday New Delhi: Institutional investors on Wednesday placed bids...
by AIP Online Bureau | Sep 4, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Cathay Pacific has not specified which engine component failed, but the carrier said it was the “first of its type to suffer such failure on any A350 aircraft worldwide”. The source said the incident involved a leak in a system designed to inject fuel to...
by AIP Online Bureau | Sep 3, 2024 | International News, Technology
HP had bought Autonomy for $11.1 billion in 2011 in one of the UK’s biggest tech deals. But in late 2012 the company said it had discovered a massive accounting scandal at the British tech firm Hewlett Packard said Monday it would continue legal proceedings to seek up...
by AIP Online Bureau | Sep 3, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
“While actual annual insured losses over the past five years have been high, averaging $106 billion, they should not be seen as outliers,” said Rob Newbold, president of Verisk Extreme Event Solutions BOSTON, MA: Verisk, a global data analytics and technology...
by AIP Online Bureau | Sep 3, 2024 | Workplace/Employee Benefits
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by AIP Online Bureau | Sep 3, 2024 | Workplace/Employee Benefits
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by AIP Online Bureau | Sep 3, 2024 | Workplace/Employee Benefits
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by AIP Online Bureau | Sep 3, 2024 | Indian News, Non-Life, Policy
Earlier, the General Insurance Council (GI Council), the official representative body of the Indian general insurers consisting of private sector and PSU general insurers, has sued the Ministry of Road Transport and Highways (MoRTH) in Delhi High Court for asking the...
by AIP Online Bureau | Sep 3, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Reinsurance, Wealth Management/ Philanthropy
“Retail investors and GIC employees can bid on Thursday. The government will divest 3.39 per cent equity with an additional 3.39 per cent as green shoe option,” Secretary, Department of Investment and Public Asset Management, posted on social media platform X ...
by AIP Online Bureau | Sep 3, 2024 | Indian News, Non-Life
Srinivas Injeti Srinivas Injeti, former secretary of ministry of corporate affairs and former chairman of International Financial Services Centres Authority(IFSCA), has been appointed as chairman of Zurich Kotak General Insurance, with D Sundaram and Ravi Venkataraman...
