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Go Digit clocks Rs 5,000 cr premium in FY22 on strong growth in motor, health insurance

by AIP Online Bureau | May 1, 2022 | Indian News, Non-Life

Further, the company settled over 6.79 lakh claims worth Rs 2,186 crore during the year. Digit said it has insured over 3.85 lakh electric vehicles in the fiscal ended March 2022 and insured nearly 40,000 corporates under its group health business. Also, as many as 10...
Supply chains continue to face hurdles, global economy faces recovery challenges

Supply chains continue to face hurdles, global economy faces recovery challenges

by AIP Online Bureau | May 1, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

The Swiss company has developed its own disruption indicator called Seaexplorer. At its peak the end of February, the measure showed about 17 million container waiting days — essentially cargo that’s bogged down in congestion globally Global supply chains are knotting...
LIC keen to retain some stake in IDBI Bank for bancassurance gains: Chairman

LIC keen to retain some stake in IDBI Bank for bancassurance gains: Chairman

by AIP Online Bureau | May 1, 2022 | Banking & Bancassurance, Indian News, Life

MR Kumar , chairman,, LIC “Strictly speaking, we are below the threshold limit of management control but then, what government really means is that management control is to be given in such a way that a private entity picks up and runs the bank, and government in the...

IMD to launch Urban Meteorological Services in 50 cities

by AIP Online Bureau | Apr 30, 2022 | Eco/Invest/Demography, Indian News

Metro cities such as Mumbai, Hyderabad, Kolkata, Chennai and Bengaluru are expected to see the launch of Urban Meteorological Services in the first phase which will be later expanded to more cities. Under the UMS, the IMD provides current weather observations, air...

Premature to attribute extreme heat in India, Pakistan solely to climate change but heatwaves more intense: WMO

by AIP Online Bureau | Apr 30, 2022 | Eco/Invest/Demography, International News, Non-Life, Policy

Heatwaves have multiple and cascading impacts not just on human health, but also on ecosystems, agriculture, water and energy supplies and key sectors of the economy,” the WMO said adding that the risks to society underline why it is committed to ensuring that...
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