by AIP Online Bureau | Apr 1, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
”In FY23 we have seen events of decadal high inflation, aggressive monetary policy stance by global central banks w.r.t interest rate hikes, banking crisis in US and Europe, and continuing Russia-Ukraine war,” said Srikanth Subramanian, CEO of wealth...
by AIP Online Bureau | Apr 1, 2023 | Eco/Invest/Demography, Indian News, Non-Life
”We expect the industry growth to be in the range of 5-7 per cent this fiscal and the company would like to perform better than the industry,” said Shashank Srivastava,executive director,Maruti Suzuki India New Delhi: Maruti Suzuki, Hyundai and Tata Motors...
by AIP Online Bureau | Mar 31, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Pandemic, Policy, Workplace/Employee Benefits
States and UTs were briefed that India has been witnessing an increase in COVID-19 cases with average daily cases rising to 966 in the week ending March 23 2023 from 313 average daily cases in the week ending March 3 2023; and weekly positivity going up to 1.08 per...
by AIP Online Bureau | Mar 31, 2023 | Indian News, Life, Non-Life, Regulation
Three new players have been given licenses in FY2022-23. Another 20 players which intend to enter country’s life, non-life and reinsurance sector are in the pipeline, said IRDAI on Friday. Hyderabad: Finally, the long dry spell of new life players have come an...
by AIP Online Bureau | Mar 31, 2023 | Eco/Invest/Demography, Indian News, Life, Non-Life, Reinsurance
Domestic Systemically Important Insurers refer to insurers of such size, market importance, and domestic and global interconnectedness, whose distress or failure would cause a significant dislocation in the domestic financial system, said the Irdai Hyderabad: Life...
by AIP Online Bureau | Mar 31, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance
“In our view, the opportunities to pursue decarbonisation goals in a collective approach among insurers worldwide without exposing ourselves to material antitrust risks are so limited that it is more effective to pursue our climate ambition to reduce global warming...
by AIP Online Bureau | Mar 31, 2023 | Briefs, Non-Life
New Delhi: IFFCO-TOKIO General Insurance has achieved a 16 per cent growth in its gross premium to of Rs 10,000 crores in 2022-23.H.O. Suri, managing director & CEO, IFFCO Tokio stated that “‘‘Health Insurance’ and ‘Crop Insurance’ verticals are the top most...
by AIP Online Bureau | Mar 30, 2023 | Indian News, Non-Life
Sourav Mishra, joint secretary, Department of Financial Services Though, Mishra will be relieved on Apr 30, it is immediately not known whether a bureaucrat from the government or another private sector professional will replace him in the DFS which is headed by...
by AIP Online Bureau | Mar 30, 2023 | Articles, Eco/Invest/Demography, Intermediaries, Wealth Management/ Philanthropy, Workplace/Employee Benefits
The survey further revealed that an increasing number of companies are now moving towards offering programmes under lifestyle risk management and target specific conditions. Diversity, equity and inclusion (DEI) programmes are the major social wellbeing initiatives...
by AIP Online Bureau | Mar 30, 2023 | International News, Technology
Former Audi boss Rupert Stadler The trial is one of the most prominent court proceedings in the aftermath of the diesel scandal at Volkswagen and its subsidiary Audi. Revelations that millions of emissions tests had been manipulated emerged in September 2015 According...
