by AIP Online Bureau | May 3, 2023 | Indian News, Regulation, Workplace/Employee Benefits
The step will give more clarity to the extent of variable pay with respect to the total remuneration of directors and KMPs, variable pay deferral, malus and clawback provisions, accounting disclosures, said the IRDAI Hyderabad: The existing framework, in operation...
by AIP Online Bureau | May 3, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Going by the data, the contribution of small towns or B30 cities to mutual fund industry’s assets under management of over Rs 40 lakh crore stood at 17 per cent as of March-end. Moreover, B30 (beyond top 30 cities) tend towards equity assets with 79 per cent of...
by AIP Online Bureau | May 3, 2023 | Workplace/Employee Benefits
by AIP Online Bureau | May 3, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life
“El Nino will fuel the temperature globally,” he said. “We feel the effect of El Nino temperatures globally with a slight delay” The El Nino weather pattern is likely to develop later this year and could contribute to rising global...
by AIP Online Bureau | May 3, 2023 | Indian News, Non-Life
MACT member M M Walimohammed, in the order passed on April 25, directed Gulnar Plastics Pvt Ltd at Silvassa, the owner of the offending vehicle, and its insurer Tata AIG General Insurance Company Ltd, to jointly and severally make the payment of Rs 1,19,64,400 to the...
by AIP Online Bureau | May 3, 2023 | Indian News, Non-Life, Reinsurance
Hyderabad: The general insurers will now be allowed launch 30 -year fire insurance policies. Taking in to consideration the need for long-term coverages in fire Insurance products, , it is proposed to permit general insurers offer “long-term products” covering Fire...
by AIP Online Bureau | May 3, 2023 | International News, Non-Life, Reinsurance, Risk Management
A vast shadow fleet of aging tankers has been enlisted to carry sanctioned oil across the globe, raising questions about safety and insurance standards Three crew members are missing from a Gabon-registered tanker that caught fire on Monday in the South China Sea, a...
by AIP Online Bureau | May 3, 2023 | Workplace/Employee Benefits
by AIP Online Bureau | May 3, 2023 | International News, Non-Life, Workplace/Employee Benefits
The latest claims mean that investors representing more than a third of the $17 billion in AT1 bonds issued by Credit Suisse have now sought to get their money back. US law firm Quinn Emmanuel last month filed a claim in Swiss court representing more than 400...
by AIP Online Bureau | May 2, 2023 | Indian News, Non-Life, Reinsurance
Indeerjit Singh, Secretary General, General Insurance Council Mumbai; Indeerjit Singh,59,director and general manager, GIC Re, on Tuesday has assumed the charge of secretary general of General Insurance Council(GI Council), the official self regulatory...
