by AIP Online Bureau | May 22, 2023 | International News, Non-Life, Reinsurance
With more than a decade of industry experience, Erman brings substantial claims-handling expertise. Specialising in marine and energy, he has a reputation for handling and resolving large, complex claims LONDON: MS Amlin, the Lloyd’s global (re)insurer, today...
by AIP Online Bureau | May 22, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Canopius can offer an individual line size of up to $130mn for eligible custody solutions, and the product provides coverage traditionally only available in the Crime and Specie markets separately The product will be available to financial institutions and covers a...
by AIP Online Bureau | May 22, 2023 | International News, Non-Life, Reinsurance
Boon brings with him more than 23 years’ experience of the Asian (re)insurance industry and a deep knowledge of the local treaty market having held positions at Asia Capital Re Group and Swiss Re Hamilton, Bermuda: Aspen Insurance Holdings Limited (“Aspen”) has...
by AIP Online Bureau | May 22, 2023 | Workplace/Employee Benefits
by AIP Online Bureau | May 22, 2023 | Eco/Invest/Demography, International News, Regulation
Regulators aim to apply existing rules covering everything from copyright and data privacy to two key issues: the data fed into models and the content they produce, according to six regulators and experts in the United States and Europe As the race to develop more...
by AIP Online Bureau | May 22, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation
On why there was a deadline for exchanging these notes when they are going to continue as legal tender, Shaktikant Das, governor, RBI said that unless a particular time is stipulated, the process won’t reach finality as people won’t take it seriously....
by AIP Online Bureau | May 21, 2023 | Eco/Invest/Demography, Health, Indian News
Narendra Modi,Prime Minister Be it the world’s biggest health insurance scheme – Ayushman Bharat, or the massive ramping up of health infrastructure, or the drive to provide sanitation and drinking water to millions of families, many of India’s efforts are aimed at...
by AIP Online Bureau | May 21, 2023 | Indian News, Pension & Social Security
“The superior returns, attractive tax benefits, and low charges make for a strong customer proposition for investing in our pension products. With our AUM crossing the threshold of Rs. 50,000 cr., the effective Fund Management Charges for our subscribers will...
by AIP Online Bureau | May 21, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy
From posting a total net loss of Rs 85,390 crore in 2017-18, the Public Sector Banks (PSBs) have come a long way as their profit touched Rs 1,04,649 crore in 2022-23, according to an analysis of their financial results NEW DELHI: Public sector banks’ cumulative...
by AIP Online Bureau | May 21, 2023 | Data, Eco/Invest/Demography, Pension & Social Security, Workplace/Employee Benefits
Among the newly joined members, the highest enrolment is registered in the age group of 18-21 years with 2.35 lakh members, followed by the age group of 22-25 years with 1.94 lakh members.The age-groups of 18-25 years constitute 56.60 per cent of total new members...