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Reliance Gen offers 2.5% discount on premiums for COVID-19 vaccinated customers

by AIP Online Bureau | Dec 29, 2022 | Briefs, Health, Non-Life, Pandemic

In move to promote preventive vaccination, Reliance General Insurance is offering 2.5 per cent discount* on insurance premiums to customers who have taken the COVID-19 vaccines or Booster shot and other vaccines like Human Papillomavirus vaccine or Pneumococcal...

New wearable device may enhance PTSD treatment experience: Study

by AIP Online Bureau | Dec 29, 2022 | Facts, Health, Technology

With PTSD, a honking horn, a crowded coffeehouse or a sharp scent can bring back traumatic memories that can raise the heart rate, increase muscle tension and lead to anxiety and depression. These reactions occur even without the presence of danger, but they pose...

Income tax exemption might be extended to Rs 5 lakh in budget, say sources

by AIP Online Bureau | Dec 29, 2022 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

For persons in the age bracket of 60-80 years, the exemption limit is Rs 3 lakh and for senior citizens above 80, it is Rs 5 lakh. New Delhi: The government is likely to enhance the income tax exemption limit to Rs 5 lakh from the existing Rs 2.5 lakh in the...
Outlook 2023: Negotiating a Hard Reinsurance Market

Outlook 2023: Negotiating a Hard Reinsurance Market

by AIP Online Bureau | Dec 29, 2022 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance

Shankar Garigiparthy,CEO & Country Manager, India Reinsurers have been supporting the Indian market for many years, and have been paying significant amount of claims. With a hardening reinsurance market globally, the Indian market is also likely to face these...
Ship insurers to cancel war cover for Russia, Ukraine from Jan. 1

Ship insurers to cancel war cover for Russia, Ukraine from Jan. 1

by AIP Online Bureau | Dec 29, 2022 | International News, Non-Life

UK P&I Club said on Dec. 23 that the issue had arisen because of a lack of availability of reinsurance for reinsurers, also known as retrocession “The Club’s reinsurers are no longer able to secure reinsurance for war risk exposure to Russian, Ukrainian or Belarus...
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