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Companies in India likely to give 9.8 pc salary raise in 2024: Willis Tower Watson report

by AIP Online Bureau | Nov 1, 2023 | Data, Eco/Invest/Demography

”Companies across industries are still closely monitoring their cost structures. Within the IT sector, a noticeable correction is expected with salary increments reducing from approximately 11 to 12 per cent in the past to a projected 10 per cent for...

India First Life gets GIFT City IFSC registration; to commence operation soon

by AIP Online Bureau | Nov 1, 2023 | Banking & Bancassurance, Indian News, Life, Regulation

The registration will enable India First Life to expand its reach globally, the company said in a statement. Mumbai: India First Life Insurance on Wednesday said it has received the registration to undertake life insurance business in the Gujarat International Finance...

Investment in Primary Health Care is cost-effective way to achieve Universal Health Coverage:Bharti Pravin Pawar

by AIP Online Bureau | Nov 1, 2023 | Health, Indian News, Non-Life, Policy, Technology

She mentioned that it is leading to improved population coverage, reduced out-of-pocket expenditure, mitigation of risk factors and decongestion of higher level of facilities, thus improving quality of care at all levels New Delhi: Investment in Primary Health Care...

Threat of haywire AI feeds calls for development pause, AXA Says

by AIP Online Bureau | Oct 31, 2023 | Eco/Invest/Demography, International News, Risk Management, Technology

Artificial intelligence can provide lots of benefits of society, “but obviously we need to have very clear rules that these benefits are not being abused,” Thomas Buberl, chief executive officer of Paris-based AXA, said during an interview while visiting the campus of...

Deadly explosion off Nigeria points to threat from aging oil ships around the world

by AIP Online Bureau | Oct 31, 2023 | Features, Non-Life, Reinsurance, Risk Management

More than half the current fleet of FPSOs are recycled oil tankers, according to Oslo-based Rystad Energy, which keeps data on the ships. Senior analyst Edvard Christoffersen said that without a major repair, most oil ships have hulls built to last about 25 years. But...
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