by AIP Online Bureau | Jan 4, 2024 | Indian News, Pension & Social Security, Workplace/Employee Benefits
Under the OPS, a government employee gets a monthly pension equivalent to 50 per cent his/her last drawn salary. There was no need for contribution by employees. The OPS was discontinued in the state in 2005 Mumbai: The Maharashtra cabinet on Thursday cleared a...
by AIP Online Bureau | Jan 4, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The report revealed that, in contrast to 12 months earlier, the key renewal period proceeded ‘relatively smoothly’, as a rebound in profitability and capital positions, and greater availability of retrocession capacity, encouraged many reinsurers to display increased...
by AIP Online Bureau | Jan 4, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
“As boardrooms prepare for risks on the horizon, it is encouraging that 37% of boardroom executives in Singapore are planning to explore insurance options that include risk and crisis management. In 2024, the insurance industry has a large role to play in helping...
by AIP Online Bureau | Jan 4, 2024 | Data, Eco/Invest/Demography, Health, Policy, Regulation
Finance Minister Kanubhai Desai had also announced to double the insurance cover under the revamped Pradhan Mantri Jan Arogya Yojana-Mukhyamantri Amrutam (PMJAY-MA) scheme from Rs 5 lakh to Rs 10 lakh in the state budget presented last February Ahmedabad: Gujarat...
by AIP Online Bureau | Jan 4, 2024 | Eco/Invest/Demography, Features, Policy, Regulation, Technology
Countries including India, Indonesia and Bangladesh have recently passed laws to more closely police online content and penalise social media sites for content deemed misinformation, so platforms are “holding their punches”, said Raman Jit Singh Chima,...