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760 new COVID-19 infections in India, two deaths

by AIP Online Bureau | Jan 4, 2024 | Data, Eco/Invest/Demography, Health

The total active caseload of the viral disease was logged at 4,423, a decrease of 17 since Wednesday morning, according to the Ministry of Health and Family Welfare. (MoHFW) New Delhi: A single-day rise of 760 new cases of Covid were recorded in the country as two...

Maharashtra cabinet nod for OPS to state employees who joined service after Nov 2005

by AIP Online Bureau | Jan 4, 2024 | Indian News, Pension & Social Security, Workplace/Employee Benefits

Under the OPS, a government employee gets a monthly pension equivalent to 50 per cent his/her last drawn salary. There was no need for contribution by employees. The OPS was discontinued in the state in 2005 Mumbai: The Maharashtra cabinet on Thursday cleared a...

Capital supports ‘Smooth’ January 1 Renewals for Cedants: Aon

by AIP Online Bureau | Jan 4, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

The report revealed that, in contrast to 12 months earlier, the key renewal period proceeded ‘relatively smoothly’, as a rebound in profitability and capital positions, and greater availability of retrocession capacity, encouraged many reinsurers to display increased...
Fast-evolving threat landscape leaves APAC businesses vulnerable: Beazley study

Fast-evolving threat landscape leaves APAC businesses vulnerable: Beazley study

by AIP Online Bureau | Jan 4, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

“As boardrooms prepare for risks on the horizon, it is encouraging that 37% of boardroom executives in Singapore are planning to explore insurance options that include risk and crisis management. In 2024, the insurance industry has a large role to play in helping...

Robust improvement in Gujarat’s public health infra in last two decades: govt data

by AIP Online Bureau | Jan 4, 2024 | Data, Eco/Invest/Demography, Health, Policy, Regulation

Finance Minister Kanubhai Desai had also announced to double the insurance cover under the revamped Pradhan Mantri Jan Arogya Yojana-Mukhyamantri Amrutam (PMJAY-MA) scheme from Rs 5 lakh to Rs 10 lakh in the state budget presented last February Ahmedabad: Gujarat...
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