by AIP Online Bureau | Dec 1, 2024 | Health, Indian News, Life, Non-Life
To enable PSU insurers to avail composite licenses, the government needs to amend the two existing Acts- The Life Insurance Corporation Act of 1956 and the General Insurance Business (Nationalisation) Act, 1972 (GIBNA). But, no such provisions have been made in the...
by AIP Online Bureau | Dec 1, 2024 | Eco/Invest/Demography, Health, Indian News, Policy
The estimated expenditure for the AB-PMJAY scheme for senior citizens above 70 years is Rs 3,437 crore. Of this, Rs 2,165 crore in the central share expenditure is likely to be incurred during the Financial Year 2024-25 and 2025-26, the Ministry said. New Delhi: About...
by AIP Online Bureau | Dec 1, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
As of Sunday, countries remained far apart on the basic scope of the treaty, with one option proposed by Panama – and backed by over 100 countries – that creates a path for a global plastic production reduction target and another which does not allow production caps...
by AIP Online Bureau | Dec 1, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The measures ban any cooperation with Moscow-based insurers AlfaStrakhovanie Plc and VSK, which are “carrying on business in a sector of strategic significance to the Government of Russia, namely the Russian financial services sector,” a statement said. Both firms...
by AIP Online Bureau | Dec 1, 2024 | Eco/Invest/Demography, International News, Workplace/Employee Benefits
Prime Minister Keir Starmer and his finance minister Rachel Reeves – who say speeding up economic growth is their top priority – argue the move will allow them to spend more on public services including the National Health Service British employers have been caught...
