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IRDAI allows `Floater’, `Pay as You Drive’ and  `Pay How You Drive’ in motor OD policies

IRDAI allows `Floater’, `Pay as You Drive’ and `Pay How You Drive’ in motor OD policies

by AIP Online Bureau | Jul 6, 2022 | Indian News, Non-Life, Technology

The concept of Motor Insurance is constantly evolving. The advent of technology has created a relentless pace for the insurance fraternity to rise up to interesting yet challenging demands of the millennials. The general insurance sector needs to keep pace with and...
CoWin to be repurposed into platform for universal immunisation, blood donation: R S Sharma

CoWin to be repurposed into platform for universal immunisation, blood donation: R S Sharma

by AIP Online Bureau | Jul 6, 2022 | Health, Indian News, Technology

RS Sharma,CoWIN chief and CEO of the National Health Authority “CoWin is now repurposed to become a platform for universal immunization, for blood donation and probably a little later for organ donation platform also. So I think we will slowly work towards ensuring...

Razorpay shared donor data with police without informing, Alt News alleges

by AIP Online Bureau | Jul 6, 2022 | Indian News, Risk Management, Technology

In a statement, Razorpay, without referring to the specific allegation of Alt News, said that it was mandated to comply with the written order from legal authorities under the provisions of the law New Delhi: Fact-checking website Alt News on Tuesday alleged that...

Corporate defaults may rise again on cost pressures: Report

by AIP Online Bureau | Jul 6, 2022 | Eco/Invest/Demography, Indian News

Somasekhar Vemuri, a senior director, Crisil, said recent trends in the default rate reflect a K-shaped recovery, which has been faster and sharper for larger and mid-sized corporates whereas MSMEs have borne a disproportionate impact of the pandemic Mumbai: Rating...
Many non-Russian shipowners still transport Russian crude, reap big rewards

Many non-Russian shipowners still transport Russian crude, reap big rewards

by AIP Online Bureau | Jul 6, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Shippers can earn around $1.6 million hauling Russian ESPO oil on a small tanker from the eastern port of Kozmino to China, said shipbrokers. That’s around triple the amount prior to the invasion of Ukraine, based on data compiled by Bloomberg. The lucrative trade has...
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