by AIP Online Bureau | Jan 4, 2022 | Indian News, Pension & Social Security, Workplace/Employee Benefits
NPS, which mainly caters to organised sector employees, is segmented into central government, state government, corporate sector employees, all citizens model and NPS Lite New Delhi: Total assets managed under NPS and APY, the two flagship pension schemes of the...
by AIP Online Bureau | Jan 4, 2022 | Eco/Invest/Demography, International News, Non-Life, Pandemic, Reinsurance
“There’s only so much event cancellation coverage out there, there’s only so much civil action coverage out there, and when you get to $40 billion, that’s pretty much exhausting what was underwritten,” said David Flandro, head of analytics at Howden...
by AIP Online Bureau | Jan 4, 2022 | International News, Non-Life, Reinsurance
The market appears to have moved on from the Covid-19 claims of 2020 as primary companies’ claims reserves stabilise and reinsurance recoveries start to move through the market with an increasing number being settled Reinsurers have managed to achieve further...
by AIP Online Bureau | Jan 4, 2022 | Indian News, Risk Management
In a statement on Monday, a spokesperson of Devas Multimedia said an amount of over USD 30 million, which was held by global airlines body IATA on behalf of the AAI, has been seized by Devas Multimedia’s shareholders following a Canadian court order New Delhi:...
by AIP Online Bureau | Jan 4, 2022 | Eco/Invest/Demography, Health, Non-Life, Pandemic, Policy
Noting that in the major metro centres and the surrounding regions, the new variant of the virus is accounting for over 50 per cent of the fresh cases. The galloping increase in the number of Covid cases over the last one week is indicative of the third wave, as is...
