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Insurers review Middle East events coverage after cancellations

by AIP Online Bureau | Nov 9, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

But new policies are likely to exclude Israel, Lebanon and countries neighboring Israel such as Egypt and Jordan, three sources told Reuters, standard practice after a war breaks out,Edel Ryan, a senior executive at broker Marsh. Some insurers are excluding Israel,...
Insurers to lead bids for Reliance Industries’ mega bond issue – bankers

Insurers to lead bids for Reliance Industries’ mega bond issue – bankers

by AIP Online Bureau | Nov 8, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

“There is demand from long-term investors like insurance and pension funds. There has been a limited number of corporate bonds issuance in longer tenor in the last two quarters, so, this RIL issue comes at an opportune time,” said Badrish Kulhalli, head of...

Mumbai air quality deteriorates, health alert issued in CST area

by AIP Online Bureau | Nov 8, 2023 | Health, Indian News

The Bombay High Court on Monday passed interim directions for the Maharashtra government and municipal authorities in Mumbai and surrounding areas to mitigate the issue of worsening air pollution Mumbai: Air quality in Mumbai continued to remain in the...

Centre taking steps to promote Ayush system of medicine: MoS Mahendrabhai

by AIP Online Bureau | Nov 8, 2023 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy

The Ministry of Ayush is working on the operationalisation of 12,500 Ayush Health and Wellness Centres (AHWCs) under NAM by 2023-24, the minister said New Delhi: Union Minister of State for Ayush Munjpara Mahendrabhai on Wednesday said the Centre is taking steps for...
New India Assurance incurs losses of Rs192 crore in Q2 due to large CAT events

New India Assurance incurs losses of Rs192 crore in Q2 due to large CAT events

by AIP Online Bureau | Nov 8, 2023 | Indian News, Non-Life

` Q2FY24 was one of the most challenging quarters for the company in recent times. The company suffered catastrophic losses on account of floods amounting to net of Rs 301 crore  during the quarter. While a confluence of multiple events affected the results for...
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