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More than 80% insured persons unsure about efficacy of health cover claims survey

More than 80% insured persons unsure about efficacy of health cover claims survey

by AIP Online Bureau | May 17, 2025 | Data, Eco/Invest/Demography, Health, Non-Life

“Rising cost of medical treatment is a cause of concern for a vast majority of people in India, despite having a health cover,” Anup Rau, Managing Director and CEO, Future Generali India Insurance Company said. Mumbai: More than 80 per cent of insured persons polled...

Fraudsters use customer’s mobile phone to hack Himachal co-op bank server steal Rs 11 cr

by AIP Online Bureau | May 17, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management, Technology

The fraudsters allegedly hacked the server through a mobile phone application of a customer, who holds an account at the bank’s Hatli branch in Chamba district Shimla: Fraudsters allegedly used a customer’s mobile phone to hack the Himachal Pradesh State...
Moody’s cuts America’s pristine credit rating, citing rising debt

Moody’s cuts America’s pristine credit rating, citing rising debt

by AIP Online Bureau | May 17, 2025 | International News, Policy, Risk Management

“Successive US administrations and Congress have failed to agree on measures to reverse the trend of large annual fiscal deficits and growing interest costs,” Moody’s said on Friday, as it changed its outlook on the U.S. to “stable” from...
Swiss Re profit rose 18 % to $1.3 billion in Q1 despite California wildfires

Swiss Re profit rose 18 % to $1.3 billion in Q1 despite California wildfires

by AIP Online Bureau | May 16, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

The result “gives us confidence in our 2025 targets despite a challenging environment,” Chief Executive Officer Andreas Bergersaid in a statement on Friday Swiss Re AG’s profit rose in the first quarter as losses from the California wildfires were offset by positive...
Covid-19 wave returns in Asia, cases increase in Hong Kong, Singapore

Covid-19 wave returns in Asia, cases increase in Hong Kong, Singapore

by AIP Online Bureau | May 16, 2025 | Eco/Invest/Demography, Health, International News, Risk Management

Densely-populated financial centres such as Hong Kong and Singapore have reported significant increases in infections, while health agencies in China and Thailand are also grappling with fresh outbreaks. Despite previous periods of relative stability, the current wave...
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