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Asia Pacific Employee Medical Plan Costs for businesses to rise in 2024, highest since 2015: Aon

by AIP Online Bureau | Oct 10, 2023 | Health, Intermediaries, International News, Workplace/Employee Benefits

“Health and wellbeing costs have become an important concern for companies as year-over-year medical plan costs continue to rise. These rising rates often bring unexpected or unbudgeted cost increases and make affordability for employers and employees more...

Gallagher Re appoints Jonathan Allard to lead newly created Global Credit & Political Risk team

by AIP Online Bureau | Oct 9, 2023 | International News, Non-Life, Reinsurance

Recent geopolitical events and macro-economic conditions have driven demand and need for dynamic reinsurance solutions from both the public and private sectors, said Jonathan Allard added London: Global reinsurance broker Gallagher Re has this week appointed Jonathan...

General Insurance industry premium rises 30 % to Rs 29,467 crore in Sept, pvt sector gains market share

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

With a total premium of Rs77,049 crore, up 21 per cent y-o-y,  mobilised  in the first six months Fy 2024, the market share of private sector multiline general insurers has inched up to 53.58 per cent from 50.81 per cent(in Sept  fy 2023) while the SAHIs, with a total...
Automobile retail sales jump 20 pc in Sep as demand soars in festive season

Automobile retail sales jump 20 pc in Sep as demand soars in festive season

by AIP Online Bureau | Oct 9, 2023 | Data, Eco/Invest/Demography, Non-Life

The year-on-year (YoY) analysis reveals broad-based growth across segments as two-wheeler sales grew 22 per cent, three-wheeler retails soared 49 per cent, passenger vehicle sales grew 19 per cent, while commercial vehicles saw a sales growth of 5 per cent, FADA...
Stock market faces drastic dip amid global concerns

Stock market faces drastic dip amid global concerns

by AIP Online Bureau | Oct 9, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Varun Aggarwal, founder and managing director, Profit Idea, said, “Israel War, Global tensions, Rising Interest Rates, Crude Oil Prices making markets weak. Indian markets closed on a weaker note due to a lot of concerns and uncertainty. It is important for...
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