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IRDAI panel makes various suggestions on retail engineering insurance products

by AIP Online Bureau | Apr 29, 2021 | Eco/Invest/Demography, Indian News, Intermediaries, Non-Life, Regulation, Reinsurance, Risk Management

A working group set up by regulator IRDAI has underlined the need for standard insurance products to cover risks associated with various facets of retail engineering. The Insurance Regulatory and Development Authority of India (IRDA) had set up the working group in...

India politicians promise to pay women for housework

by AIP Online Bureau | Apr 28, 2021 | Eco/Invest/Demography, Indian News

  Mumbai: As India battles the world’s worst virus outbreak, some key political parties are promising an unprecedented monthly payment to all homemakers in a bid to win crucial state elections. If enacted the stipends would be some of the first in the world...

India’s LIC emerges as the 3rd strongest and 10th most valuable global insurance brand in 2021

by AIP Online Bureau | Apr 28, 2021 | Eco/Invest/Demography, International News, Life

London, Apr 28: Even as world’s top insurance brands have lost nearly $30 billion in brand value,since the onslaught of Covid-19 Pandemic  in 2020, India’s state owned life insurance behemoth Life Insurance Corporation(LIC), for the first time, has emerged...

Maha lockdown to be extended by 15 days beyond Apr 30: Tope

by AIP Online Bureau | Apr 28, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

Mumbai: The lockdown in Maharashtra will be extended by another 15 days beyond April 30, state Public Health Minister Rajesh Tope said on Wednesday. He said all members of the cabinet, who participated in a meeting chaired by Chief Minister Uddhav Thackeray, pitched...

Indians rush for vaccines as coronavirus toll tops 200,000

by AIP Online Bureau | Apr 28, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic

  New Delhi: Indians struggled to register online for a mass vaccination drive set to begin at the weekend as the country's toll from the coronavirus surged past 200,000 on Wednesday, worsened by shortages of hospital beds and medical oxygen. The second wave...
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