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Absence of major losses paves the way for competitive pricing in power insurance sector: WTW

by AIP Online Bureau | Oct 8, 2024 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management

A shift in appetite from coal to non-coal power and the phasing out of underwriting existing coal risks have combined to encourage insurers to seek new opportunities in deploying their capital. We are seeing an increasing number of insurers seeking to offer long-term...

Cognizant adopted discriminatory practices against non-Indians: US jury

by AIP Online Bureau | Oct 8, 2024 | International News, Regulation, Workplace/Employee Benefits

The verdict came after the IT firm failed to persuade a Los Angeles federal judge last month to toss a 2017 job bias class-action lawsuit when a previous trial ended with a deadlocked jury California: Cognizant Technology Solutions Corp. engaged in a pattern of...

mpox spreads rapidly in Congo’s capital Kinshasa

by AIP Online Bureau | Oct 7, 2024 | Health, International News

So far this year, more than 34,000 suspected cases of the disease, caused by both clades have been reported across Africa, more than triple the number recorded at the same time in 2023. As many as 95% of the cases are in Congo and Burundi and 866 people have died The...

Brazil drought drops Amazon port river level to 122-year low

by AIP Online Bureau | Oct 7, 2024 | Workplace/Employee Benefits

Scientists predict the Amazon region may not fully recover moisture levels until 2026 The river port in the Amazon rainforest’s largest city of Manaus on Friday hit its lowest level since 1902, as a drought drains waterways and snarls transport of grain exports and...

ManipalCigna launches plan with special focus on Bharat’s missing middle

by AIP Online Bureau | Oct 7, 2024 | Briefs, Health

ManipalCigna Health Insurance, one of the fastest-growing standalone health insurance company, announces the launch of its new health insurance offering, ‘ManipalCigna Sarvah’. “We are introducing a complete health insurance solution that not only caters to...
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