by AIP Online Bureau | Dec 6, 2023 | Data, Eco/Invest/Demography, Non-Life
”November ’23 has become a historic month for the Indian auto retail industry as 28.54 lakh vehicles were sold, thus overtaking the previous high of March ’20 when the industry sold 25.69 lakh vehicles,” Federation of Automobile Dealers...
by AIP Online Bureau | Dec 6, 2023 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
“During the medium-term, in the run up to the general elections, the market is likely to move up aided by three factors — expectations of political stability after the elections; favourable domestic macros like strong GDP growth, declining inflation,...
by AIP Online Bureau | Dec 6, 2023 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Risk Management
Firms are building supply chains that are independent of China, shifting some operations away from the country and growing markets elsewhere in Asia, according to the survey of 566 companies conducted between Sept. 5 and Oct. 6 Nearly half of German companies...
by AIP Online Bureau | Dec 6, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Insurance industry sources said that war risk premiums had stayed firm on Monday at between 0.05% to 0.1% of the value of a ship, from around 0.03% estimated last week before the attacks. This translates into tens of thousands of dollars of additional costs for a...
by AIP Online Bureau | Dec 5, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Technology
The collaboration intends to leverage first-of-its-kind, farm-level data produced by Amini that is intended to enable Aon’s support of the African Development Bank’s Africa Climate Risk Insurance Facility for Adaptation to develop innovative de-risking solutions and...
by AIP Online Bureau | Dec 5, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Policy
Chennai Airport has resumed operations after being temporarily shut down due to heavy rains that caused flooding and waterlogging on the runways, said an airport official Chennai: Amid destructions caused by Severe Cyclonic storm ‘Michaung’ in the state,...
by AIP Online Bureau | Dec 5, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
Foreign portfolio investors acquired stocks worth Rs 2,073.2 crore, while domestic institutional investors remained net buyers in the last two sessions, purchasing stocks totalling Rs 4,797.1 crore, according to NSE data. Gold prices reached new highs in...
by AIP Online Bureau | Dec 5, 2023 | Workplace/Employee Benefits
‘A paramount test will be whether India can become the next big global manufacturing hub, an immense opportunity. Developing a strong logistics framework will be key in transforming India from a services-dominated economy into a manufacturing-dominant...
by AIP Online Bureau | Dec 5, 2023 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy
According to Road Transport and Highways Secretary Anurag Jain, it is envisioned to provide access to cashless trauma care treatment for road accident victims at the nearest appropriate hospital in the country, in accordance with the Supreme Court ruling, and by...
by AIP Online Bureau | Dec 5, 2023 | International News, Life
Allianz SE, China Life Insurance Co. Ltd. and Nippon Life Insurance Co. are the three largest life insurance companies in the world, said S&P which released its list of top 50 life insurers in the world, ranked by their life and accident & health reserves, one...