by AIP Online Bureau | Feb 27, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Berkshire Hathaway has reported net underwriting earnings across its re/insurance operations of $5.4 billion for the full year 2023 compared with a loss a year earlier. Warren Buffett’s Berkshire Hathaway on Saturday posted its second straight record annual operating...
by AIP Online Bureau | Feb 27, 2024 | Data, Eco/Invest/Demography, Workplace/Employee Benefits
‘This trend showcases India’s strong economic performance and its growing appeal as a hub for innovation and talent. Employees in the automobile, manufacturing & engineering and life sciences in India are projected to see the highest salary increment...
by AIP Online Bureau | Feb 27, 2024 | Eco/Invest/Demography, Health, International News, Policy
Set to take effect from July, the toughest anti-tobacco rules in the world would have banned sales to those born after Jan. 1, 2009, cut nicotine content in smoked tobacco products and reduced the number of tobacco retailers by more than 90% New Zealand will repeal on...
by AIP Online Bureau | Feb 27, 2024 | International News, Non-Life, Pandemic, Reinsurance, Risk Management
“2023 was another successful year for Munich Re. With the exception of systemic risks – such as cyber and pandemic – our appetite for covering existential risks for people and enterprises is far from exhausted, ” said Joachim Wenning, Chair of the Board of...
by AIP Online Bureau | Feb 27, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Risk Management, Technology
The private sector cannot provide cover for the greatest systemic cyber risks, such as the failure of critical infrastructure or cyber war. But a potential solution to this complex problem is a governmental backstop – a precautionary measure of last resort, Munich Re...
by AIP Online Bureau | Feb 27, 2024 | Health, Indian News, Regulation
McDonald’s biggest India franchisee, Westlife Foodworld, has been defending its use of “real cheese” after media reported that state authorities last year found some products made use of so-called cheese analogues of vegetable oil, rather than real...
by AIP Online Bureau | Feb 27, 2024 | Indian News, Life, Non-Life, Regulation
However, no final decision on the matter can be taken by the lenders of RCL now as the Supreme Court’s stand on the Torrent Investment’s plea against the second round of auction held by the lenders of RCL is still pending with the apex court Mumbai: The...
by AIP Online Bureau | Feb 26, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation
As many as 26,28,865 companies were registered in the country as on January 31, 2024, and out of the total, 16,65,438 companies, or 63 per cent were active, as per the latest official data New Delhi: The matters related to KYC (Know Your Customer), including a...
by AIP Online Bureau | Feb 26, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The Houthi assaults have continued despite waves of airstrikes by the US and the UK The missile attack by Houthi militants on a ship carrying a cargo of fertilizer has led to an “environmental disaster” in the Red Sea, US Central Command said Friday evening. Hours...
by AIP Online Bureau | Feb 26, 2024 | Eco/Invest/Demography, Indian News, Regulation, Technology
While the government has made it clear that there can be no compromise over the compliance to regulatory norms, it has also given the assurance that the fintech sector is seen as playing a key role in the Indian economy and various steps have been taken to nurture the...
