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Provide compensation to families of those killed in heatwave: Rajasthan HC to govt

Provide compensation to families of those killed in heatwave: Rajasthan HC to govt

by AIP Online Bureau | May 30, 2024 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Policy, Risk Management

The court said there was a need to declare heatwaves and cold waves “national calamities” and looking at the fact that a large number of people have lost their lives due to extreme heatwaves and heatstrokes during summers and chilling cold during winters,...

1st June Renewals: Moderated risk-adjusted property-catastrophe reinsurance pricing, says Howden Re

by AIP Online Bureau | May 30, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

Risk-adjusted property-catastrophe rate-on-line 5% lower on averageDedicated sector capital now exceeds 2021 levelsA notable increase in insurance-linked securities (ILS) market activity with over USD 3 billion of issuance covering Florida perils year-to-date LONDON:...
LGBTQIA+ community: 9 in 10 in India secure their financial future, says Max Life’s study

LGBTQIA+ community: 9 in 10 in India secure their financial future, says Max Life’s study

by AIP Online Bureau | May 30, 2024 | Articles, Eco/Invest/Demography, Life, Wealth Management/ Philanthropy

With a population estimated to be around 135 million people, or around 10% of India’s 1.4 billion population, the LGBTQIA+ community represents a significant segment whose financial preferences and challenges cannot be overlooked The flagship study of Max Life...
Back in the black: Oriental Insurance posts a profit of Rs 37.66 cr in FY 24, improves key financials

Back in the black: Oriental Insurance posts a profit of Rs 37.66 cr in FY 24, improves key financials

by AIP Online Bureau | May 29, 2024 | Indian News, Non-Life

RR Singh, CMD, Oriental Insurance Company “We have been implementing a well placed strategy to achieve profitability in Fy 24. We dropped many big loss making accounts including group medical coverages ( GMC). We had the courage to leave one health account...

Delhi sizzles at 52.3 degrees Celsius as city records season’s highest-ever temperature

by AIP Online Bureau | May 29, 2024 | Eco/Invest/Demography, Health, Indian News

Notably, a severe heatwave has been prevailing in most parts of north India, including Punjab, Haryana, Rajasthan and many parts of Uttar Pradesh and Himachal Pradesh for quite some days New Delhi: The national capital on Wednesday recorded its highest-ever...
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