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IRDAI convenes an urgent meeting of re/insurance CEOs on Monday over Surety Bonds logjam

IRDAI convenes an urgent meeting of re/insurance CEOs on Monday over Surety Bonds logjam

by AIP Online Bureau | Sep 17, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Reinsurance

After Nitin Gadkari, union minister, Ministry for Road Transport and Highways, launched two basic level Surety Bonds, in Dec 2022, issued by Bajaj Allianz General  Insurance with the support of reinsurance support from Munich Re and Swiss Re, the Surety...
No fresh positive cases of Nipah, results of 51 samples awaited: Kerala govt

No fresh positive cases of Nipah, results of 51 samples awaited: Kerala govt

by AIP Online Bureau | Sep 17, 2023 | Eco/Invest/Demography, Health, Indian News

‘So, as of now, there is no secondary wave. That is welcome news,” said Veena George,Health Minister,Kerala Kozhikode: In a relief for the Kerala government, no fresh positive cases of Nipah virus were reported on Saturday in the state even as five more...

Best, most creative ideas came from humans, while chatbots more creative than average human: Study

by AIP Online Bureau | Sep 16, 2023 | Facts, Technology

Motivational and emotional factors cannot be ignored in causing variations in performance, which were absent in the chatbots’ responses as they executed the assigned task always at the best of their capacities, they said New Delhi: The best, most creative ideas came...

EPFO, NPS data show 5.2 crore payrolls addition in last 4 years: SBI study

by AIP Online Bureau | Sep 16, 2023 | Data, Eco/Invest/Demography

“If this trend continues for the whole fiscal then in FY24, the net new payroll cross the 160 lakh mark (highest-ever) with first payroll in the range of 70-80 lakh,” it said The research report further said NPS data indicates that 8.24 lakh new...
“There is an urgent need to lower the premium rates, and making the PMFBY fiscally sustainable”

“There is an urgent need to lower the premium rates, and making the PMFBY fiscally sustainable”

by AIP Online Bureau | Sep 16, 2023 | Interviews, Non-Life, Technology

Girija Kumar, chairman and managing director, Agriculture Insurance Company, in an interview with Asia Insurance Post, explains how USD $ 4 billion Indian Crop Insurance market(FY 2022-23) will expand faster going ahead How do you see Indian crop insurance market? The...
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