by AIP Online Bureau | Apr 4, 2024 | Eco/Invest/Demography, Health, Indian News, Policy
“This year the inflation has not increased. It is just 0.005. Therefore companies are not going to increase prices this year.,” Union Minister Mansukh Mandaviya asserted New Delhi: Union Minister Mansukh Mandaviya said on Thursday said there will be no...
by AIP Online Bureau | Apr 4, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life
“Our motto remains growth with profitability. And in this process, we have let go of a few loss-making businesses which were unwilling to renew at the right price or terms. Our market share is 12.78 per cent and we remain the market leader. The industry...
by AIP Online Bureau | Apr 4, 2024 | Eco/Invest/Demography, Health, International News, Policy, Technology
Dr Tedros Adhanom Ghebreyesus,Director-General, WHO S.A.R.A.H., also known as Sarah, has the ability to support people in developing better understanding of risk factors for some of the leading causes of death in the world, including cancer, heart disease, lung...
by AIP Online Bureau | Apr 4, 2024 | Banking & Bancassurance, Life, Regulation
Axis Bank proposes to infuse Rs 1,612 crore in Max Life Insurance. Approval for the transaction from the Insurance Regulatory and Development Authority of India (IRDAI) and the Pension Fund Regulatory and Development Authority (PFRDA) was received by Max Life through...
by AIP Online Bureau | Apr 4, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology
Nippon Telegraph & Telephone Corp., which provided cybersecurity services for the 2021 Olympic Games in Tokyo, reported 450 million attempted cyberattacks at the time Paris: AXA SA is planning a campaign to help prevent cyberattacks targeting France in the run-up...
by AIP Online Bureau | Apr 3, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The island plays an outsized role in the global chip supply chain as it is home to the world’s largest chipmaker Taiwan Semiconductor Manufacturing Co , which supplies chips to Apple and Nvidia.The country also houses smaller chipmakers, including UMC , Vanguard...
by AIP Online Bureau | Apr 3, 2024 | Indian News, Intermediaries, Non-Life, Regulation, Reinsurance
The acquisition strengthens Aon’s existing broking and advisory capabilities across the commercial risk, health and reinsurance markets, which combined with Aon’s talent consulting business, creates an integrated team of over 1,100 colleagues across Aon in India...
by AIP Online Bureau | Apr 3, 2024 | Articles, Eco/Invest/Demography, Life, Non-Life, Regulation, Reinsurance, Risk Management, Technology
In contrast to last year’s renewal, 4/1 saw a resurgence in property catastrophe capacity. While there were few new players in the market, existing reinsurers demonstrated an increased appetite to grow their property catastrophe books in India. However,despite excess...
by AIP Online Bureau | Apr 3, 2024 | International News, Reinsurance
Andreas Berger, group CEO designate, Swiss Re Jacques de Vaucleroy, Swiss Re’s Vice Chairman of the Board of Directors, said,”The Board unanimously determined that Andreas Berger is the right person to build on the firm’s current momentum and lead...
by AIP Online Bureau | Apr 3, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Taiwanese television showed buildings in Hualien shaken off their foundations. The strong quake knocked out power in several parts of the city In the capital, Taipei, tiles fell from older buildings and within some newer office complexes. Train service was suspended...