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COVID-19 third wave peak likely in October: NIDM report

by AIP Online Bureau | Aug 23, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy

  New Delhi, Aug 23: The National Institute of Disaster Management (NIDM), under the Ministry of Home Affairs, has warned of a third COVID-19 wave peak in October in its recent report to the Prime Minister's Office. The NIDM's report quoted the...

LIC launches campaign for policyholders to revive lapsed policies

by AIP Online Bureau | Aug 23, 2021 | Indian News, Life

Mumbai: To provide continued risk cover to its policyholders, state-run insurer Life Insurance Corporation of India (LIC) on Monday launched a special campaign for the revival of lapsed individual policies. Under the 'Special Revival Campaign', policies of...

HCL to transform Munich Re workplace services in 40 countries

by AIP Online Bureau | Aug 23, 2021 | International News, Non-Life, Reinsurance

New Delhi: Indian IT major HCL Technologies said on Monday it has signed a contract with Munich Re, one of the world's largest reinsurers, to create a next-generation digital workplace for its workforce. HCL will modernise and standardise workplace services for...

CCI slaps a penalty of Rs 200 cr against Maruti Suzuki India for its anti-competitive conduct

by AIP Online Bureau | Aug 23, 2021 | Eco/Invest/Demography, Indian News, Regulation, Risk Management

  New Delhi: The Competition Commission of India (CCI), on Monday, has  imposed a penalty of Rs 200 crore against Maruti Suzuki India Limited (MSIL) besides passing a cease-and-desist order for indulging in anti-competitive conduct of Resale...

AXA Hong Kong and HSBC jointly launch Overseas StudySurance

by AIP Online Bureau | Aug 23, 2021 | Eco/Invest/Demography, International News

  HONG KONG SAR: With the increasing popularity of overseas study, AXA Hong Kong ("AXA") and HSBC launch a new insurance plan "Overseas StudySurance" to provide extensive care for students getting education abroad. With annual premium as low...
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