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Axis Bank revises pact with Max Fin, to buy more 7% stake in Max life

by AIP Online Bureau | Jan 10, 2023 | Banking & Bancassurance, Indian News, Life, Regulation

The revision, the stock exchange filing said, has been done consequent to the guidance received by Max Life from insurance regulator IRDAI.Discounted cash flow refers to the estimated value of an investment based on future cash flows Mumbai: Axis Bank on Tuesday said...

Beazley launches industry’s first Cyber Catastrophe Bond

by AIP Online Bureau | Jan 10, 2023 | International News, Non-Life, Reinsurance, Risk Management, Technology

This is the first time that a liquid Insurance-Linked Securities (ILS) instrument has been created for cyber catastrophe risks, said Beazley The $45 million bond gives Beazley indemnity against all perils in excess of a $300 million catastrophe event, with the...

Shortage of healthcare workers globally may rise to 10 mn by decade-end: WEF study

by AIP Online Bureau | Jan 10, 2023 | Data, Eco/Invest/Demography, Health, Policy

Launched in the run-up to the World Economic Forum (WEF) Annual Meeting 2023 in the Swiss ski resort town of Davos, the report said the rise in healthcare spending has fast-tracked progress in telehealth, vaccines and precision medicine, but businesses and...
National Health Authority introduces new system to measure performance of hospitals under Ayushman Bharat PM-JAY

National Health Authority introduces new system to measure performance of hospitals under Ayushman Bharat PM-JAY

by AIP Online Bureau | Jan 10, 2023 | Health, Indian News, Non-Life

RS Sharma, CEO, National Health Authority The statement said that under value-based care, the performance of AB PM-JAY empanelled hospitals will be measured based on five performance indicators such as Beneficiary Satisfaction; Hospital Readmission Rate; the extent of...
Sinking Joshimath: Admin sounds alert, asks residents to move to relief centres

Sinking Joshimath: Admin sounds alert, asks residents to move to relief centres

by AIP Online Bureau | Jan 9, 2023 | Disaster & Management, Indian News, Non-Life

Taking stock of the prevailing situation in the popular pilgrimage site, Uttarakhand Chief Minister Pushkar Singh Dhami has given instructions for monitoring all ongoing development works in the area while ensuring immediate relief and rescue of residents affected by...
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