by AIP Online Bureau | Dec 9, 2023 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography
“It is evident that India has taken concrete actions vis- -vis our NDCs. India’s non-fossil power installed capacity as of date is already around 44 per cent, as against the target of 50 per cent by 2030; India’s emission intensity to GDP as of 2019 is reduced by 33...
by AIP Online Bureau | Dec 8, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Life, Non-Life
Insurers continue to have “material exposure” to climate change through investments in fossil fuels and energy-intensive industries, as well as through their underwriting of natural catastrophe risk, the global insurance watchdog said London: Insurers are...
by AIP Online Bureau | Dec 8, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
”Since the revision of tax laws, investments in fixed-income funds have been notably subdued. The uncertainty surrounding interest rates has further complicated investment decisions for investors. Moreover, the robust performance of equity markets has been...
by AIP Online Bureau | Dec 8, 2023 | Eco/Invest/Demography, Indian News, Regulation, Wealth Management/ Philanthropy
“We feel there is room for an additional asset class somewhere between mutual funds and PMS… Sebi is looking into a whole new asset class,” Sebi chief Madhabi Puri Buch told reporters here at the sidelines of a CII event New Delhi: Capital markets...
by AIP Online Bureau | Dec 8, 2023 | Eco/Invest/Demography, Health, Indian News, Policy, Reinsurance
As of December 2, a total of 26,774 hospitals, including 11,733 private facilities, across the country have been empanelled to provide healthcare services to the scheme beneficiaries, Union Health Minister Mansukh Mandaviya said, adding that 4.98 crore claims have...
by AIP Online Bureau | Dec 8, 2023 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
Mikir Shah, CEO, Africa Specialty Risks ASR Syndicate 2454 aims to begin underwriting in March 2024, and will focus on underwriting business across Africa, which represents around 2% of Lloyd’s business globally. This presents a unique opportunity for specialty risk...
by AIP Online Bureau | Dec 8, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Health, Indian News, Regulation, Technology
“Under the e-mandate framework, an additional factor of authentication (AFA) is required for recurring transactions exceeding Rs 15,000 currently. It is now proposed to enhance this limit to Rs 1 lakh per transaction for recurring payments of mutual fund...
by AIP Online Bureau | Dec 8, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
“Monetary policy was on expected lines. The Monetary Policy Committee (MPC) kept its stance the same as withdrawal from accommodation to ensure taming inflation under target. However, at the same time, the RBI highlighted the risk of over-tightening in the...
by AIP Online Bureau | Dec 8, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Wealth Management/ Philanthropy
“The Indian economy presents a picture of resilience and momentum. Growth remains resilient and robust, surprising everyone. There is no plan to loosen interest rates as inflation continues to be the top priority for the central bank,” ,” Reserve...
by AIP Online Bureau | Dec 8, 2023 | International News, Life
The transaction could include businesses in France, Italy, Spain and part of the UK, which all sit under the group’s AXA Partners division AXA is considering selling some of its protection insurance businesses across Western Europe in a deal that could be worth up to...
