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Enhanced insurance cover, RFID tags among new facilities as Amarnath Yatra set to resume after 2 years

by AIP Online Bureau | Apr 16, 2022 | Indian News, Non-Life

Several new facilities have been incorporated including Radio Frequency Identification tags for not just pilgrims but ponies as well, insurance cover for people has been Increased from Rs 3 lakh to Rs 5 lakh and ponies have also been covered in insurance cover of Rs...

EU sanctions tweak allows some plane owners to sell to Russia

by AIP Online Bureau | Apr 15, 2022 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance

Under the amended provision, no economic resources can be made available to the Russian counterpart, except to transfer ownership of the plane after the EU company has been fully reimbursed An amendment to European Union sanctions last week created a potential path...
Indian insurance industry has managed Covid 19 crisis well: III Survey

Indian insurance industry has managed Covid 19 crisis well: III Survey

by AIP Online Bureau | Apr 15, 2022 | Indian News, Life, Reinsurance, Technology

From(L to R) Dilip Ukey, vice-chancellor, Maharashtra National Law University,Sharad Mathur, MD and CEO, Universal Sompo General Insurance, Devesh Srivastava, CMD, GIC Re at an event in Mumbai to release survey reports prepared by Insurance Institute of India The...

India-Fundraising via debt placement hits 6-yr low at Rs 5.88 lakh cr in FY22

by AIP Online Bureau | Apr 15, 2022 | Data, Eco/Invest/Demography

Unless the high government borrowings and adverse interest rate cycle play spoilsport, the ongoing financial year is expected to be robust in terms of fundraising activities through the debt route on account of higher demand for credit from corporates in light of the...

48% rise in home isolation cases of Covid in last one week in Delhi: Data

by AIP Online Bureau | Apr 15, 2022 | Health, Indian News, Pandemic, Policy

As the Covid positivity rate in the national capital has jumped from 0.57 per cent on April 1 to 2.39 per cent on April 14, the number of home isolation cases has shown an upward trend in the last one week. Amid an uptick in daily cases of COVID-19 in Delhi and the...
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