Indian News
Lok Sabha passes Finance Bill; no relief for life insurers on taxing policies with premium over Rs 5 lakhs
Finance Minister Nirmala Sitharaman while presenting the 2023/24 budget on Feb. 1, had proposed that the government...
LIC plans investment exposure caps post Adani share rout
Currently, the insurer cannot invest more than 10% of outstanding equity in a company and 10% of the outstanding debt....
Finance minister proposes panel to look into issues related to Govt employees’ Pension
"I propose to set up a committee under the finance secretary to look into this issue of pension and evolve an approach...
International News
Lloyd’s swings to a pre-tax loss in 2022,underwriting profit jumps 53% to 2.6 billion pounds
John Neal, CEO of Lloyd’s, forecast 2023 premiums of 56 billion pounds, up from 46.7 billion in 2022, according to a...
ECB to publish first detailed carbon footprint
Carbon footprints measure the amount of carbon dioxide released into the atmosphere as a result of everyday activities...
Fed increases rates by 25 bps but signals hikes are near an end
Jerome Powell, Chair of the Federal Reserve The move set the U.S. central bank's benchmark overnight interest rate in...
Aon and Lifeguard to boost emerging risk insights through science crowdsourcing platform
The collaboration with Aon will augment existing insurance industry emerging risks research and provide insights into...
Briefs
HDFC ERGO General launches ‘Vidyaavriksh’ learning academy
HDFC ERGO General Insurance Company launcheed 'Vidyaavriksh' learning academy, to enhance the skills of the young...
SBI Life declares interim dividend for its investors
SBI Life Insurance on Wednesday declared an interim dividend of Rs 2.5 per share for its investors for the financial...
Interviews
`Bima Sugam is a big game changer for the end user and companies will also get the advantage”
In an interview with IANS, Anil Kumar Aggarwal, Managing Director & CEO, Shriram General Insurance Company, said...
“APAC Cyber markets to become more buyer-friendly as new capacity becomes available and rates continue to stablise”
In an exclusive interview with Asia Insurance Post, Adam Peckman, Head of Cyber Solutions – Asia Pacific and Global...
“PMFBY premium can come down by exploiting more technology to bring in more transparency and objectivity in loss assessment’’ Malaya Poddar,CMD, Agriculture Insurance Company
Malaya Poddar,CMD, Agriculture Insurance Company AIC's market share in Crop Insurance increased from 29 % to about 50...
Articles
Gigs, scams, ghost work: India tech sector’s dark side
In his job, Saurav - who asked to go by one name to protect his identity - called people in the United States, enticed...
Rural households prefer savings instruments over term insurance plans: Max Life Survey
Saving for children’s education and marriage emerged as top savings objectives, multiple anxieties around savings and...
Indian Gig Economy: Ensuring a better work environment for millions of workers
India is likely to see its gig workforce add 9-11 million jobs by 2025, which has been one of the most pivotal...
Data
Record international migration spurs historic rise in Canadian population
Total population grew by a record 1.05 million people to 39.57 million in the twelve months to Jan. 1, 2023, and about...
Shortness of breath, fatigue, mental health issues observed in Covid patients one year after discharge:Indian Govt
According to ICMR, of the participants of the National Clinical Registry of COVID-19 who were followed for one year,...
China capital Beijing experiences first population decline since 2003
China's birth rate last year was 6.77 births per 1,000 people, the lowest on record, while the country's death rate,...
Facts
Superbug fungus cases rose dramatically during pandemic
The fungus, Candida auris, is a form of yeast that is usually not harmful to healthy people but can be a deadly risk...
New York tops the list of world’s most expensive cities for business travel
Hong Kong was the most expensive destination in Asia, with average daily costs of $520 — just $5 more than financial...
Just 24 pc of companies surveyed in India ready to defend cybersecurity threats: Cisco study
''Cybersecurity is a top priority for businesses as they continue their digitisation journey. With hybrid work...