by AIP Online Bureau | Aug 10, 2023 | Indian News, Non-Life, Reinsurance, Risk Management
This study holds paramount significance, as it provides the opportunity to comprehensively evaluate the potential impact on the capital and overall solvency of the insurers This framework would serve as a pivotal mechanism which would enable insurers to maintain an...
by AIP Online Bureau | Aug 10, 2023 | Indian News, Life
Max Life Insurance new business margin (NBM) expanded to 22.2% in Q1FY24, improved 110 bps over corresponding previous quarter mainly driven by change in product mix Value of New Business (VNB) grew by 16% to Rs. 247 Crore in Q1FY24 New Delhi: After the approval of...
by AIP Online Bureau | Aug 10, 2023 | Data, Eco/Invest/Demography, Non-Life
Commenting on sales data of July 2023, Vinod Aggarwal, President, SIAM said, “Though the Passenger Vehicle and Three-Wheeler segments are performing well, there has been a de-growth of Two-Wheelers in July 2023, compared to July 2022. Overall, we expect that the...
by AIP Online Bureau | Aug 10, 2023 | Briefs, Non-Life, Regulation
ICICI Lombard General Insurance Company has been nominated by the IRDAI as a lead insurer in the non-life segment in the state of Tripura. The insurer aims to implement the state insurance plan,ensuring access insurance services to uninsured population. The recently...
by AIP Online Bureau | Aug 10, 2023 | Banking & Bancassurance, Disaster & Management, Eco/Invest/Demography, Indian News, Policy, Regulation
Shaktikanta Das,Governor,Reserve Bank of India “Liquidity plays a major role with regards to inflation – both in pushing up inflation and controlling inflation,” RBI Governor Shaktikanta Das said, explaining the decision.”While inflation has...
by AIP Online Bureau | Aug 10, 2023 | Facts, Health, Technology
”This is not to say this is evidence that Facebook is good for the wellbeing of users. Rather, the best global data does not support the idea that the expansion of social media has a negative global association with well-being across nations and different...
by AIP Online Bureau | Aug 9, 2023 | Eco/Invest/Demography, Facts, Risk Management
Across corporate America, employers are wrestling with the balance between in-person collaboration and flexibility. Financial firms that enforce strict return-to-office mandates could drive employees to leave, according to a study published Tuesday by accounting firm...
by AIP Online Bureau | Aug 9, 2023 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
“The devastation caused by natural disasters has heightened urgency for adequate protection,” CEO Patrick Gallagher told Reuters, adding that there is ongoing demand for insurance coverage to secure properties, homes and businesses from potential damages and losses...
by AIP Online Bureau | Aug 9, 2023 | Banking & Bancassurance, International News, Regulation, Risk Management
As part of the settlements, the companies admitted that their employees had used platforms like iMessage, WhatsApp and Signal to discuss business. The companies didn’t maintain sufficient records, according to the SEC. The CFTC said it found similar violations. Wells...
by AIP Online Bureau | Aug 9, 2023 | Eco/Invest/Demography, Non-Life, Policy, Regulation, Reinsurance
The Bermudan government said in a statement the proposal would end the island nation’s long-standing 0% corporate income tax and would apply to Bermudan units of multinational corporations with 750 million euros ($820 million) or more in annual revenue. The proposal,...
