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Japanese general insurance industry to reach $133.1bn in 2025, forecasts GlobalData

by AIP Online Bureau | Aug 20, 2021 | International News, Non-Life, Reinsurance

The general insurance industry in Japan is projected to grow from US$104.1bn(JPY11.1 trillion) in 2020 to US$133.1bn(JPY12.6 trillion) in 2025, in terms of gross written premiums (GWP), according to GlobalData, a leading data and analytics company. GlobalData has...

FDI proposal for bank-promoted insurance firm to be vetted by RBI, Irdai: Govt notification

by AIP Online Bureau | Aug 20, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Policy

New Delhi: The government has said applications for foreign direct investment in an insurance company promoted by a private bank will be cleared by the RBI and Irdai to ensure that the 74 per cent limit of overseas investment is not breached. These changes were made...

India approves Zydus Cadila’s ZyCoV-D vaccine for emergency use for adults and children above 12 yrs

by AIP Online Bureau | Aug 20, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: Zydus Cadila's wait for a regulatory nod for its ZyCoV-D plasmid DNA vaccine against Covid is over. The Ahmedabad-based pharma company has received approval from the Drugs Controller General of India (DCGI). According to a press release of the...

WHO seeks ‘best minds’ to probe new pathogens that jump from animals to humans

by AIP Online Bureau | Aug 20, 2021 | Eco/Invest/Demography, Facts, Health, Pandemic

The World Health Organization (WHO) said on Friday it was looking for the greatest scientific minds to advise on investigations into new high-threat pathogens that jump from animals to humans and could spark the next pandemic. Launching a request for applications, it...

India smartphone mkt to reach record 173 mn units in 2021: report

by AIP Online Bureau | Aug 20, 2021 | Eco/Invest/Demography, Facts, Technology

India's smartphone market is set to hit a record high of 173 million units in 2021, growing at 14 per cent year-on-year, according to Counterpoint Research. More than 100 million smartphones are expected to be shipped in the second half of the year, it said. The...
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