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Health report indicates significant growth in non-communicable diseases across India

by AIP Online Bureau | Apr 5, 2024 | Data, Eco/Invest/Demography, Health, Life, Non-Life

On average, at least one in three Indians today were pre-diabetic, two in three were pre-hypertensive and one in 10 were depressed, the 4th edition of Apollo Hospitals’ flagship Health of Nation Report on World Health Day 2024, said. Most common cancers in order...
S Africa’s Sanlam hikes stake in 2 Shriram insurance JVs, TPG to exit insurance cos

S Africa’s Sanlam hikes stake in 2 Shriram insurance JVs, TPG to exit insurance cos

by AIP Online Bureau | Apr 5, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation

Sanlam has already entered into a share purchase deal to buy 6.29 per cent in Shriram General  Insurance Company (SGIC) and 7.04 per cent in Shriram Life Insurance Company (SLIC) from TPG India Investments, and 4.45 per cent in SGIC and 4.98 per cent in SLIC from the...
High premiums the latest thing weighing on China’s EV market

High premiums the latest thing weighing on China’s EV market

by AIP Online Bureau | Apr 5, 2024 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology

According to S&P Global Ratings, that means the premiums for electric cars can range from 20% higher to double fuel-powered vehicles. In China, most people providing online car-hailing services also drive EVs, which is another risk factor insurers are looking at,...
Trump’s bond firm must show proof of resources, NY Says

Trump’s bond firm must show proof of resources, NY Says

by AIP Online Bureau | Apr 5, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Trump, the presumptive Republican nominee for the November presidential election, arranged the bond on Monday through an obscure insurance company run by one of his billionaire supporters, Don Hankey. But James, a Democrat, said Hankey’s Los Angeles-based Knight...
Forecasters predict ‘extremely active’ 2024 Atlantic hurricane season

Forecasters predict ‘extremely active’ 2024 Atlantic hurricane season

by AIP Online Bureau | Apr 5, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

The forecasts are closely monitored by coastal communities and energy companies. The U.S. Gulf of Mexico accounts for 15% of total U.S. crude oil production and 5% of its dry natural gas production, and nearly 50% of the nation’s oil-refining capacity resides on its...
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