by AIP Online Bureau | Jan 2, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation
The framework for dealing with D-SIBs was issued in July 2014. The framework requires the RBI to disclose the names of banks designated as Domestic Systemically Important Banks (D-SIBs) starting from 2015 and place these lenders in appropriate buckets depending upon...
by AIP Online Bureau | Jan 2, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The insurance companies negotiated with reinsurers to replace part of the coverage and they are expected to enable continued insurance, Nikkei reported on Thursday After renegotiating with UK reinsurers, a total of 30 billion yen ($224 million) is expected to be...
by AIP Online Bureau | Jan 2, 2023 | Indian News, Life, Non-Life
In an e-auction conducted under the Challenge Mechanism, Torrent had presented a resolution plan for Reliance Capital Ltd (RCL) with a net present value of Rs 8,640 crore, while Hinduja’s offer was Rs 8,110 crore After the e-auction was over, sources said,...
by AIP Online Bureau | Jan 2, 2023 | Indian News, Non-Life
On Monday, under the banner of Joint Forum of Trade Unions (JFTU),the unions participated in conciliation meeting with the management under the guidance of chief labour commissioner(CLC). Various arguments took place in the meeting from both sides and finally CLC...
by AIP Online Bureau | Jan 2, 2023 | Eco/Invest/Demography, International News
Kristalina Georgieva, managing director, International Monetary Fund The year 2023 will be tougher than last year because the economies of the US, the EU and China will slow down, she said. ”Even in countries that are not in recession, it would feel like a...
by AIP Online Bureau | Jan 2, 2023 | Indian News, Non-Life, Reinsurance
The Court has noted the concern regarding the delay in disposal of the claims cases under the Motor Vehicles Act, in the trial court or at the appellate stage. For effective implementation of the M.V. Amendment Act and the Rules framed thereunder, the specified...
by AIP Online Bureau | Jan 1, 2023 | Facts, Health
“Many individuals do not believe that physical activities help in reducing mental stress. But many scientific studies have established the fact that individuals can burn their stress out. While excessive gym might be harmful to stressful minds, moderate exercise...
by AIP Online Bureau | Jan 1, 2023 | Facts, Pandemic, Technology
“We saw clear and significant changes after administration of the vaccine, such as an increase in heart rate compared to the pulse rate measured before vaccination, and then we saw a return to the participant’s baseline, i.e., the pulse levels after vaccination...
by AIP Online Bureau | Jan 1, 2023 | Eco/Invest/Demography, Non-Life, Reinsurance
This year’s renewal season was “one of the most challenging. ..the sector has experienced,” Guy Carpenter said, adding that the process had been “extremely late.” Global insurance losses for natural catastrophes are projected to reach $112 billion in 2022, reinsurance...
by AIP Online Bureau | Jan 1, 2023 | Eco/Invest/Demography, International News, Policy
The term “unfriendly” describes countries that have imposed sanctions on Russia in response to its military intervention, including members of the European Union, the United States, Japan, Canada, Britain and Australia A bill that would have enabled...
