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AXA XL appoints Marine Ress as Chief Underwriting Officer, Casualty for APAC & Europe

by AIP Online Bureau | Jul 5, 2021 | International News, Non-Life, Reinsurance

  New Delhi: AXA XL Insurance today announced it has appointed Marine Ress as Chief Underwriting Officer, Casualty, APAC & Europe. Her appointment is effective as of October 1st and she will be based in Paris. In this role, Ms. Ress will oversee the...

Rural Thrust: Indian Insurance Penetration

by AIP Online Bureau | Jul 5, 2021 | Articles, Eco/Invest/Demography, Health, Non-Life, Pandemic

  Dr. Daleep  Pandita No financial compensation from insurance sector against the massive damages caused due to recent cyclone storm in costal parts of India,  has exposed the outreach of insurance services in rural India.   With more than Rs...

Increase in household debt stress is worrying: SBI report

by AIP Online Bureau | Jul 5, 2021 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Pandemic

Mumbai: The beginning of second Covid-19 wave has resulted in significant deposit outflows from banking system in alternated fortnights, the pace of which has now again moderated, according to a new report from State Bank of India's (SBI's) economic research...

India’s June services activity shrinks at fastest rate in 11-months

by AIP Online Bureau | Jul 5, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Workplace/Employee Benefits

  Activity in India's dominant services sector contracted sharply in June as tighter restrictions to contain a resurgence of coronavirus cases hammered demand and forced firms to shed jobs at a rapid clip, a private survey showed on Monday....

India records 39,796 new COVID-19 cases, 723 deaths

by AIP Online Bureau | Jul 5, 2021 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Pandemic

New Delhi, India saw a single-day rise of 39,796 new Covid infections, which took the tally of cases to 3,05,85,229, while the death toll climbed to 4,02,728 with 723 more fatalities, the lowest in around 88 days, according to Union Health Ministry data updated on...
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