by AIP Online Bureau | Jun 16, 2024 | Workplace/Employee Benefits
FAIR Publication Interview- Questionnaire 1. How do you see the market developments and broad trends in Africa and Middle East markets? In the Middle East, we are seeing increasing efforts by the insurance industries to promote distribution of insurance and making its...
by AIP Online Bureau | Jun 16, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
“With government continuity now in place, we believe the market can look forward to further structural reforms, giving us more confidence in the earnings cycle. Macro stability with rising GDP growth relative to real rates should extend India’s...
by AIP Online Bureau | Jun 16, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
“As India’s per capita income grows, investors will look to save money in asset classes, which have the potential to beat inflation and create wealth. As the penetration of mutual funds increases, this will translate into a higher folio base at the...
by AIP Online Bureau | Jun 16, 2024 | Banking & Bancassurance, Indian News, Non-Life, Technology, Wealth Management/ Philanthropy
Dinesh Kumar Khara,Chairman,State Bank of India This move is anticipated to enhance valuation and deliver superior returns for the parent company, State Bank of India Mumbai: SBI Chairman Dinesh Kumar Khara has announced a strategic delay in monetizing the...
by AIP Online Bureau | Jun 16, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
The planned IPO is structured entirely as an offer for sale (OFS) involving 142,194,700 equity shares by Hyundai Motor Company, as detailed in the draft red herring prospectus (DRHP). Notably, there is no fresh issue component in this offering Mumbai: Hyundai Motor...
by AIP Online Bureau | Jun 16, 2024 | Briefs, Health
The head of the World Health Organization (WHO) said on Wednesday that the risk to public health from the avian influenza A (H5N1) virus remained low despite its spread among dairy cattle in the United States. Tedros Adhanom Ghebreyesus, WHO Director-General, said the...
by AIP Online Bureau | Jun 16, 2024 | Health, Indian News, Risk Management
These ‘Guidelines for Inter-Departmental Referral (within hospitals)’ mandate prompt initiation of referrals whenever patients need specialised care, diagnostic evaluations, or consultations beyond the capacity of the admitting department. Importantly,...
by AIP Online Bureau | Jun 16, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
The valuation of LIC jumped Rs 46,425.48 crore to Rs 6,74,877.25 crore, the most among the top-10 firms. Mumbai: Five of the top-10 most valued firms together added Rs 85,582.21 crore in market valuation last week, with Life Insurance Corporation of India (LIC)...
by AIP Online Bureau | Jun 16, 2024 | International News, Non-Life, Reinsurance
Singapore’s Maritime and Port Authority said in a statement late Saturday the oil leak from the vessel had been contained, and that the oil that escaped from the damaged tanker had been treated with dispersants Singapore: An oil spill caused by a dredger boat...
by AIP Online Bureau | Jun 15, 2024 | Eco/Invest/Demography, Indian News, Risk Management
About 13 million Indians work abroad – more than 60% of them in Gulf nations – according to information shared with parliament by the Indian foreign ministry in 2023. The bodies of 45 Indians who died in a fire in a labour housing facility in Kuwait were...