by AIP Online Bureau | Feb 9, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
”Despite the volatility in stock markets, investors continue to repose faith in equity mutual funds, as evidenced by the Rs 12,546 crore of net inflows in January, a 72 per cent rise on month-on-month basis,” Gopal Kavalireddi, Head of Research at FYERS...
by AIP Online Bureau | Feb 9, 2023 | Indian News, Non-Life, Reinsurance
As a result of tight underwriting practices in recent years, the third largest Asian reinsure has managed a better combined ratio and lower underwriting losses in Fy 2022-23 Mumbai: Returning to profitability, state owned reinsurer GIC Re’s net profit has...
by AIP Online Bureau | Feb 9, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Insured losses will be much lower, possibly around $1 billion, due to low insurance coverage in the area, Fitch added Paris: The earthquake that has devastated Turkey and Syria could cause economic losses exceeding $4 billion, ratings agency Fitch said on Thursday....
by AIP Online Bureau | Feb 9, 2023 | Indian News, Life
“We continue to remain focussed on creating a portfolio mix to optimise value for all stakeholders, and in that context, increasing the proportion of Non-par business in a consistent and profitable manner,” said M R Kumar, chairperson, LIC Mumbai: Public...
by AIP Online Bureau | Feb 9, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life
The death toll from both countries was expected to rise as hundreds of collapsed buildings in many cities have become tombs for people who had been asleep when the quake hit. KAHRAMANMARAS/ANTAKYA, Turkey: President Tayyip Erdogan on Wednesday admitted there were...
by AIP Online Bureau | Feb 9, 2023 | Health, International News
New research highlights the vast economic and political power of the big formula milk companies, as well as serious public policy failures that prevent millions of women from breastfeeding their children,” said Nigel Rollins, one of the authors of a series on the $55...
by AIP Online Bureau | Feb 8, 2023 | Eco/Invest/Demography, Health, Indian News, Policy
Union Health Minister Mansukh Mandaviya “Opening such Centres will help in initiating co-location of practitioners of the Indian system and modern medicine, thus harmonizing both medical systems and providing joint multidisciplinary care to the patients,”...
by AIP Online Bureau | Feb 8, 2023 | Eco/Invest/Demography, International News, Risk Management
While companies’ financial metrics have been resilient so far, the second half of 2023 is when corporate margins will decline as weaker consumer confidence and higher interest rates bite, the study found The risk premium on euro and U.S. investment-grade corporate...
by AIP Online Bureau | Feb 8, 2023 | Eco/Invest/Demography, International News, Non-Life, Risk Management
In a survey released on Tuesday, which took place between Nov. 15 and Dec. 16, AmCham Taiwan said 33% of respondents said their operations had been “significantly disrupted” by the increase in tensions, compared with 17% when it did a flash survey in August right...
by AIP Online Bureau | Feb 8, 2023 | International News, Non-Life, Risk Management
The disaster added to the Himalayan country’s reputation as the world’s most dangerous place to fly. According to Aviation Safety Network data, the fatal crash was the 11th in Nepal in as many years A Yeti Airlines plane that crashed in Nepal last month had no engine...