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AM Best revises outlook on India’s Non-Life Insurance segment to stable

AM Best revises outlook on India’s Non-Life Insurance segment to stable

by AIP Online Bureau | Dec 5, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Reinsurance

The Best’s Market Segment Report, “Market Segment Outlook: India Non-Life Insurance,” notes that factored into the outlook revision are recent regulatory shifts that have allowed for increased and new investments in Indian insurers by multinational players and direct...
Hillary Clinton at COP28 climate talks calls for insurance reform

Hillary Clinton at COP28 climate talks calls for insurance reform

by AIP Online Bureau | Dec 4, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life

Former U.S. Secretary of State Hillary Clinton “We need to rethink the insurance industry,” Former U.S. Secretary of State Hillary Clinton said during a panel on women and climate resiliency. “Insurance companies are pulling out of so many places. They’re not insuring...
UP govt provides assistance of up to Rs 5 lakh under Farmer Accident Welfare Scheme

UP govt provides assistance of up to Rs 5 lakh under Farmer Accident Welfare Scheme

by AIP Online Bureau | Dec 4, 2023 | Eco/Invest/Demography, Health, Indian News, Non-Life, Risk Management

Yogi Adityanath, Chief Minister,Uttar Pradesh It is noteworthy that under the scheme, started by the Chief Minister in 2019, immediate assistance of up to Rs 5 lakh is being given by the District Magistrate in case of accidental death or disability of the farmers of...

Over 40 cough syrup manufacturers fail quality test: Report

by AIP Online Bureau | Dec 4, 2023 | Eco/Invest/Demography, Health, Indian News, Regulation

The move came after several deaths were reported globally post consuming India-made cough syrups. The Directorate General of Foreign Trade (DGFT) after these deaths had made it mandatory for exporters to seek government clearance on the quality of cough syrups New...
Chennai grapples with torrential rain as memories of 2015 floods return

Chennai grapples with torrential rain as memories of 2015 floods return

by AIP Online Bureau | Dec 4, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life

Transportation services took a severe blow, with numerous trains and flights canceled. Waterlogged roads presented challenges for the scarce number of road users. Operations at the Chennai airport were halted from 9:40 am to 11 pm, with about 70 flights canceled due...
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