by AIP Online Bureau | Oct 18, 2022 | Banking & Bancassurance, Indian News, Policy
Earlier this month, India invited bids for a 60.72% stake in IDBI Bank — which is 45.48% owned by the government and 49.24% by state-owned Life Insurance Corp (LIC) — after dragging its feet for years New Delhi; The Indian government is in talks with the...
by AIP Online Bureau | Oct 18, 2022 | Indian News, Pension & Social Security, Technology, Workplace/Employee Benefits
The portal – www.ipension.nic.in – will act as a one-stop solution for all the pensioners’ needs. New Delhi: Union Minister Jitendar Singh on Tuesday launched an integrated portal aimed at ensuring “ease of living” for the central government pensioners. The...
by AIP Online Bureau | Oct 18, 2022 | Indian News, Non-Life, Reinsurance, Workplace/Employee Benefits
Fog and poor visibility are said to be the reason for the crash Dehradun: A helicopter ferrying pilgrims from Kedarnath temple to Guptkashi here crashed into a hill due to poor visibility on Tuesday, killing all six pilgrims and the pilot on the spot. The chopper...
by AIP Online Bureau | Oct 18, 2022 | Health, Indian News, Non-Life, Pandemic, Policy
On October 17, India detected its first case of Omicron’s BQ.1 subvariant in a sample of a patient from Pune. The BQ.1 is a descendant of BA.5, which is behind the 60 per cent Covid cases in the United States (US), as per reports Mumbai: A meeting between Union...
by AIP Online Bureau | Oct 18, 2022 | International News, Non-Life, Reinsurance
Swiss Re estimates the preliminary total insured market loss from Hurricane Ian at USD 50–65 billion Swiss Re’s P&C business reported and normalised combined ratios were affected in the third quarter by an increase in small- to mid-sized claims, partly...
