by AIP Online Bureau | Dec 20, 2022 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation
Cosmea Financial is promoted by Sam Ghosh,who was heading Reliance Capital between 2008-2017 According to sources, the Cosmea-Piramal consortium has decided to walk out of the resolution process as it believes that the contours of the bidding process have been...
by AIP Online Bureau | Dec 20, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
Managers running the funds affected are now talking openly of the “chaos” they say has hit the investment management industry. The chief cause, they say, is a regulatory framework whose confusing rollout just blasted a $125 billion hole through the very top of the ESG...
by AIP Online Bureau | Dec 20, 2022 | Data, Eco/Invest/Demography, Technology
In absolute terms, the size of the digital economy has grown from USD 107.7 billion in 2014 to USD 222.5 billion in 2019. Mumbai: India’s digital economy grew 2.4 times faster than the economy between 2014 and 2019 generating around 62.4 million jobs, said a paper...
by AIP Online Bureau | Dec 20, 2022 | Health, Indian News, Non-Life, Policy, Technology
Responding to a question on whether patients’ health data is shared with insurance and pharmaceutical companies under the Health Data Management (HDM)policy, Health Minister Mansukh Mandaviya said the HDM policy is a guidance document which sets out the minimum...
by AIP Online Bureau | Dec 20, 2022 | Health, Indian News, Non-Life, Pandemic
Health Ministry on Tuesday urged all states and Union territories to ramp up the whole genome sequencing of positive samples to keep track of newer variants In a letter to states and UTs, Union Health Secretary Rajesh Bhushan said such an exercise will enable timely...
by AIP Online Bureau | Dec 20, 2022 | Indian News, Intermediaries, Non-Life, Reinsurance
Given the tough conditions at 1/1 renewals and shortage of proportional capacity that is being witnessed elsewhere for India reinsurers may insist on more retention and trend will continue for non proportional arrangements . At the same time as the non IIB rates are...
by AIP Online Bureau | Dec 20, 2022 | Briefs, Health
Sundaram Finance and Care Health Insurance have entered into a corporate agency agreement today. With this association, Sundaram Finance will offer Care Health’s specialised and innovative range of health insurance solutions to its loyal and increasing base of...
by AIP Online Bureau | Dec 20, 2022 | Health, Indian News, Policy
The petitioner claimed although all state funded hospitals are obliged to provide free treatment to any person approaching them, people possessing voter ID cards of Delhi were given “quick treatment” and outsiders were handed “long dates for...
by AIP Online Bureau | Dec 20, 2022 | Articles, Eco/Invest/Demography
Jérôme Haegeli, Group Chief Economist “A slower and more cautious phase of the central bank policy rate hiking cycle has begun amid inflation peaking, financial stability concerns and inflationary recessions on the horizon. Still, the overall direction remains...
by AIP Online Bureau | Dec 19, 2022 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
As they operate on an “aggregation” basis with marine and aviation war risk insurance, totting up the losses as one, claims in one area make reinsurers wary about the whole war risk sector, David Smith, head of hull and marine liabilities at broker McGill and Partners...
