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Indian insurance industry providing a higher return on equity than developed markets: IRDAI Chairman

Indian insurance industry providing a higher return on equity than developed markets: IRDAI Chairman

by AIP Online Bureau | Aug 25, 2022 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life

Debasish Panda,chairman,IRDAI  “Indian insurance companies on an average have provided a return of 23 per cent while US insurance industry’s return has been at 13 per cent, a point to note for our American counterparts,’’ said Panda, while addressing a...

People facing acute food insecurity reach 345 million worldwide – WFP

by AIP Online Bureau | Aug 24, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Pandemic

Before the coronavirus crisis, 135 million suffered from acute hunger worldwide, said Corinne Fleischer, the WFP’s regional director, told Reuters. The numbers have climbed since and are expected to soar further because of climate change and conflict The number...

Pandemic sets back Asia-Pacific’s poverty fight by 2 years – ADB

by AIP Online Bureau | Aug 24, 2022 | Eco/Invest/Demography, Health, International News, Pandemic

At least 20% of developing Asia’s population were either extremely or moderately poor in 2021. This proportion could be halved by 2030 if governments focus on resilience, innovation, and inclusiveness to provide more balanced economic opportunities and greater...

Park outside: Fire risk prompts Hyundai, Kia hitch recalls

by AIP Online Bureau | Aug 24, 2022 | International News, Non-Life, Risk Management, Technology

The Korean automakers are recalling more than 281,000 vehicles in the US because of the problem, but they haven’t figured out how to fix it yet. The automakers reported 25 fires or melting incidents in the US and Canada caused by the problem, but no crashes or...
Govt making investments on six fronts to strengthen healthcare services: PM Modi

Govt making investments on six fronts to strengthen healthcare services: PM Modi

by AIP Online Bureau | Aug 24, 2022 | Eco/Invest/Demography, Health, Indian News, Non-Life

Prime Minister Narendra Modi  The first front is encouraging prevention healthcare. The second one is opening small and modern hospitals. The third front is opening big institutes of medical colleges and research. The fourth front is increasing the number of...
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