by AIP Online Bureau | Jun 3, 2022 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Technology
A large area in India is prone to floods in which the Ganga and the Brahmaputra are the main flood basins. Assam, Bihar, Uttar Pradesh and West Bengal are the most flood-prone states Earlier, the Union Home Minister Amit Shah, also directed the officials to make the...
by AIP Online Bureau | Jun 2, 2022 | Indian News, Non-Life, Risk Management
The general insurers who have to now pay any claims are- New India Assurance that has a 45 per cent share in the insurance policy of Deepak Nitrite along with Future Generali (12.5 per cent), ICICI Lombard General Insurance (10 per cent share) RSA (10 per cent) SBI...
by AIP Online Bureau | Jun 2, 2022 | Eco/Invest/Demography, Health, Indian News, Pandemic, Workplace/Employee Benefits
Closing the employment gap between men and women — a whopping 58 percentage points — could expand India’s GDP by close to a third by 2050. That equates to nearly $6 trillion in constant US dollar terms, according to a recent analysis from Bloomberg Economics The...
by AIP Online Bureau | Jun 2, 2022 | Disaster & Management, International News, Non-Life, Reinsurance
Capital strength provides insurers with an ability to withstand losses from large adverse events, including catastrophes. Industry policyholders’ surplus (PHS) increased by 40% over the last three years and now exceeds $1 trillion The June/July mid-year 2022...
by AIP Online Bureau | Jun 2, 2022 | Indian News, Policy, Regulation, Risk Management, Technology
The proposed move assumes significance against the backdrop of instances of accounts, including that of celebrities, being blocked by social media platforms such as Twitter for alleged violation of respective community guidelines NEW DELHI: The Centre plans to set up...
