by AIP Online Bureau | Apr 20, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy
Republican-led states also have challenged the U.S. Securities and Exchange Commission’s corporate climate disclosure rules, the U.S. Energy Department’s pause on approvals for new liquefied natural gas export facilities and EPA rules toughening standards...
by AIP Online Bureau | Apr 19, 2024 | Eco/Invest/Demography, Indian News, Life, Reinsurance
“The government has received good feedback in investor roadshows for GIC, and is open to sell its 10 per cent stake in tranches depending on its shares’ value,” the official said. The sale of 10 per cent stake in GIC would be done over a period of time, the...
by AIP Online Bureau | Apr 19, 2024 | Indian News, Life, Technology
The insurer will add 1,000 new members to its team in its immediate growth phase as it aims to fortify its presence and offer its products and services to its expanding customer-base across the country `Looking ahead, our vision for the next five years is set:...
by AIP Online Bureau | Apr 19, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Risk Management, Workplace/Employee Benefits
The Net-Zero Asset Owner Alliance, whose pension fund and insurer signatories manage $9.5 trillion in assets, said the new Target-Setting Protocol was its most ambitious yet to help halve emissions by 2030 and get to net-zero emissions by mid-century The world’s...
by AIP Online Bureau | Apr 19, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
El Nino, which brings dry and hot weather to Southern Africa, has decimated harvests of corn across the region. Zimbabwe is expected to harvest about 60% less of the regional staple this year than it did in 2023 and together with Malawi and Zambia has declared a...
by AIP Online Bureau | Apr 19, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
The heavy rains across the desert nation came after cloud seeding. The UAE has been carrying out seeding operations since 2002 to address water security issues, but the lack of drainage in many areas can trigger flooding, including in cities such as Dubai that’s a...
by AIP Online Bureau | Apr 19, 2024 | International News, Life, Non-Life, Wealth Management/ Philanthropy
Philippe Donnet,group CEO,Generali Thanks to a simpler and leaner approach, the new group’s organizational structure centering on insurance and asset management will accelerate the group’s transformation, and it will support the definition of the plan for the next...
by AIP Online Bureau | Apr 19, 2024 | Indian News, Life
LIC has seen its total premium falling by 4 per cent to around Rs 2,22 trillion in FY 24 26 private sector players, led by SBI Life Insurance, at Rs 1,55 trillion, have recorded a growth of 12 per cent in in their annual premium income. In terms of policies, the...
by AIP Online Bureau | Apr 18, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Crop insurance has seen a dip in the premium by 4 per cent to Rs 30.715 crore in Fy 24. Mumbai:With a total premium of Rs 1,09,006 crore, showing a growth of 20 per cent, Health Insurance continues to be no 1 portfolio in Rs 2.89 trillion Indian general insurance...
by AIP Online Bureau | Apr 18, 2024 | Indian News, Non-Life, Reinsurance
Surbhi Goel, CEO designate, India Branch, Munich Re Munich Re, is the largest foreign reinsurance branch(FRB) in the India with over Rs 10,000 crore of premium in FY23-24.It set up its operations in 2017. Mumbai: Munich Re, the largest global reinsurer, today...
