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Insurers settle 17.94 lakh COVID-related health insurance claims for Rs 21,837 crore in 15 months: Govt

by AIP Online Bureau | Aug 2, 2021 | Health, Indian News, Non-Life, Pandemic

  New Delhi: As many as 17.94 lakh COVID-related health insurance claims amounting to Rs 21,837 crore were settled in about last 15 months till July 15, 2021. In a written reply to the Lok Sabha, Minister of State for Finance Bhagwat Karad said health insurance...

Lok Sabha passes bill to amend general insurance law without debate

by AIP Online Bureau | Aug 2, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Policy

  New Delhi, Aug 02: A bill to amend the general insurance law to allow the government to pare its stake in state-owned insurers was passed on Monday by Lok Sabha without a debate, amid continuing protests by opposition parties on the Pegasus snooping and other...

Coronavirus likely to lock India’s women out of job market for years

by AIP Online Bureau | Aug 2, 2021 | Eco/Invest/Demography, Facts, Health, Pandemic, Pension & Social Security

  Savitri Devi has been searching for work since she lost her job at a garment factory in New Delhi, along with half her co-workers, when sales plummeted at the start of the coronavirus pandemic last year. The 44-year-old has tried her luck repeatedly – and...

Shipping losses stay at historic lows, but Asia remains largest global loss hotspot:Allianz

by AIP Online Bureau | Aug 2, 2021 | Eco/Invest/Demography, International News, Non-Life, Pandemic, Reinsurance, Risk Management

  London/New York/Singapore: The international shipping industry continued its long-term positive safety trend over the past year but has to master Covid challenges, apply the learnings from the Ever Given Suez Canal incident and prepare for cyber and climate...

Equity investors richer by Rs 31 trn this fiscal as bull run continues

by AIP Online Bureau | Aug 1, 2021 | Eco/Invest/Demography, Indian News

New Delhi: Equity investors have witnessed a wealth addition of more than Rs 31 lakh crore (Rs 31,18,934.36 crore) in the first four months of the current fiscal, helped by an overall bullish sentiment in the market. The 30-share BSE Sensex has jumped 3,077.69 points...
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