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Govt mulls various options for consolidation of PSU general insurers

by AIP Online Bureau | Jun 23, 2019 | Indian News, Non-Life

  New Delhi: The government is exploring various consolidation options including merger of state-owned general insurance companies with New India Assurance with a view to create synergy and unlock value.   The Department of Investment and Public Asset...

Only 26 per cent leaders in India fit to lead future businesses: Report

by AIP Online Bureau | Jun 23, 2019 | Eco/Invest/Demography, Indian News, Risk Management

   New Delhi: Investors on average believe that only 26 per cent of leaders in India are equipped to lead future businesses, according to a report. The finding is part of Korn Ferry’s global report on leadership, which takes the view of investors and...

Insurers allowed to sell stand-alone OD auto covers from Sep 1

by AIP Online Bureau | Jun 22, 2019 | Indian News, Non-Life, Regulation

  Hyderabad:  Giving relief to the auto owners, the insurance regulator on Friday said, effective from 1st September, 2019, general insurers have to  make available stand-alone annual Own Damage covers (including stand-alone OD cover for fire...

Want fitter employees? Encourage them to take more vacations

by AIP Online Bureau | Jun 22, 2019 | Facts

  NEW YORK: Take out time for travelling amid your busy schedule as frequent vacations not only help de-stress but also reduce the risk of cardiovascular diseases, reveals a new study.    The study, published in Psychology and Health journal, found that...

Tesla’s Autopilot System Confuses Drivers About Extent of Automation: Safety Report

by AIP Online Bureau | Jun 22, 2019 | International News, Non-Life

  “Tesla’s user manual says clearly that the Autopilot’s steering function is a ‘hands-on feature,’ but that message clearly hasn’t reached everybody,” IIHS President David Harkey said in a statement. “Manufacturers...
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