by AIP Online Bureau | Aug 6, 2023 | Indian News, Regulation
Mukesh Ambani, chairman, Reliance Industries “Jio Financial Services aims to provide simple, affordable and innovative digital-first solutions,” Mukesh Ambani said Jio Financial Services also has plans set up two insurance companies to foray into life and non-life...
by AIP Online Bureau | Aug 6, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Retail investors’ mutual fund holdings surged by 20.5 per cent year-on-year to nearly Rs 25 lakh crore at present. This growth was fuelled by investments in equity schemes, exchange-traded funds (ETFs) and Funds of Funds (FoFs) amid positive market sentiment In...
by AIP Online Bureau | Aug 6, 2023 | Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy
‘A sharp spike in the US 10-year bond yield above 4 per cent is a near-term negative for capital flows to emerging markets,” Geojit Financial Services Chief Investment Strategist VK Vijayakumar said. If the US bond yields remain high, FPIs are likely to...
by AIP Online Bureau | Aug 6, 2023 | International News, Non-Life, Reinsurance
Warren Buffet,chairman and CEO of Berkshire Hathaway Underwriting profits at Geico rebounded to USD 514 million as it raised premiums on its auto insurance customers by an average of 16 per cent and continued to cut back on its ubiquitous lizard ads while paying out...
by AIP Online Bureau | Aug 5, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
US.-based climate technology startup Sensible Weather is developing insurance that would compensate people if extreme heat wrecks their holiday It’s rolled out “weather guarantee” coverage to travel companies in the UK, France and the US, which pays travellers...
by AIP Online Bureau | Aug 5, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News, Policy
Union Home Minister Amit Shah stressed on the adoption of standard operating procedures, appropriate preparedness and mitigation efforts by the state administration to save lives from incidents of lightning, heat waves and forest fires Bhubaneswar: Appreciating Odisha...
by AIP Online Bureau | Aug 5, 2023 | International News, Non-Life, Regulation
The allegations first came to light in June, when the insurers were said to have tried to set premiums for railway operator Tokyu Corp. The Financial Services Agency ordered them to submit a report on the matter, amid questions over whether the suspected collusion was...
by AIP Online Bureau | Aug 5, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Ukraine will insure ships that import and exports goods through the Danube and is considering the possibility of providing cover for ships going through the “grain corridor,” news agency Interfax-Ukraine reported on Thursday, citing Prime Minister Denys Shmyhal...
by AIP Online Bureau | Aug 5, 2023 | Eco/Invest/Demography, International News, Risk Management, Technology
Energy and climate have risen up the political agenda following Russia’s invasion of Ukraine and the cost-of-living crisis, with critics warning that the UK has failed to invest sufficiently to enhance energy independence. The register also details risks such as...
by AIP Online Bureau | Aug 5, 2023 | Eco/Invest/Demography, Indian News, Technology
“The broadband connection has started empowering rural areas where people have started getting treatment with the help of global doctors, some businessmen have started providing tutorials on YouTube, families are saving money on preparation for competitive...
