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Generali CEO Philippe Donnet targets big insurance deals in Europe

Generali CEO Philippe Donnet targets big insurance deals in Europe

by AIP Online Bureau | Mar 7, 2024 | Eco/Invest/Demography, International News, Non-Life

Philippe Donnet,Chief Executive Officer The current takeover planning is focused on Generali’s core European markets and is considering mainly share-based deals, rather than cash. Other targets on its radar include Aegon Ltd, Ageas SA, Baloise Holding AG, Ergo Group,...
Ship evacuated after first civilian fatalities in Houthis’ Red Sea attacks

Ship evacuated after first civilian fatalities in Houthis’ Red Sea attacks

by AIP Online Bureau | Mar 7, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

War risk insurance rates have already reflected the sinking of the Rubymar cargo ship, days after being hit by a Houthi missile on Feb 18, and the first fatalities from the True Confidence, said Munro Anderson, head of operations at marine war risk and insurance...

Passenger vehicles industry estimated to grow up to 9% this fiscal: ICRA

by AIP Online Bureau | Mar 7, 2024 | Data, Eco/Invest/Demography, Non-Life

The utility vehicle (UV) segment continued to expand led by a shift in customer preferences coupled with a slew of product launches. Mumbai: The domestic passenger vehicle (PV) market is estimated to grow by six to nine per cent in the current financial year over the...

Aon acquires AI-Powered platform to help fleet & mobility clients make better, insight-driven decisions

by AIP Online Bureau | Mar 7, 2024 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Technology

“It is more important than ever for our fleet and mobility clients to have access to data-driven insights and tools that inform their risk and business strategies,” said Jillian Slyfield, chief innovation officer at Aon DUBLIN: Aon plc, a leading global...
Govt panel backs higher carbon tax on coal imports to limit polluting fuel

Govt panel backs higher carbon tax on coal imports to limit polluting fuel

by AIP Online Bureau | Mar 7, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy

In its report to the coal ministry, the panel said the current carbon tax rate of 400 rupees ($4.83) on every metric ton of coal, regardless of the quality bought, favoured imports and hit sales of domestically mined coal. Singapore: A panel of officials from Indian...
Growing number of business organizations improving gender equality: ILO-IOE report

Growing number of business organizations improving gender equality: ILO-IOE report

by AIP Online Bureau | Mar 7, 2024 | Eco/Invest/Demography, Features, Workplace/Employee Benefits

According to the report, EBMOs with female Chief Executive Officers (CEO) are 25 per cent more likely to employ more than 40 per cent of women in managerial positions, compared to employer and business membership organizations (EBMOs) with male CEOs Geneva: A growing...

Optimism despite disruptive forces in retail sector: WTW’s Global Retail Survey

by AIP Online Bureau | Mar 7, 2024 | Eco/Invest/Demography, International News, Technology

It is fascinating that despite so much commentary regarding the demise of physical retail, even purely on-line companies, see their future as including some element of physical retail space,Garret Gaughan, Head of Direct and Facultative, at WTW LONDON: Retailers are...
Animesh Das to be CEO of ACKO General Insurance

Animesh Das to be CEO of ACKO General Insurance

by AIP Online Bureau | Mar 7, 2024 | Indian News, Non-Life, Technology

Animesh Das, CEO designate, ACKO General Insurance ACKO has now set itself ambitious goals for the upcoming year, eyeing a gross written premium(GWP) of nearly Rs 3000 crore Bengaluru: ACKO General insurance has elevated its chief underwriting officer Animesh Das as...
Govt, exporters to discuss Red Sea crisis issue on March 8

Govt, exporters to discuss Red Sea crisis issue on March 8

by AIP Online Bureau | Mar 7, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Risk Management

After Yemen-based Houthi rebels have targeted ships in the Red Sea and surrounding waters over the Israel-Hamas war. the shipping costs have jumped and consignments are taking more time to reach Europe and the US as the ships are taking the Cape of Good Hope route,...
Arbitrators’ independence impartiality critical to arbitration process CJI

Arbitrators’ independence impartiality critical to arbitration process CJI

by AIP Online Bureau | Mar 6, 2024 | Eco/Invest/Demography, Indian News

D Y Chandrachud,Chief Justice of India Justice Chandrachud noted that over 90 per cent of international commercial contracts contain arbitration agreements and this unparalleled growth is rooted in its ability to create a neutral forum that all parties involved are...
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