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NSE Academy ties up with RIMS for risk management education

by AIP Online Bureau | May 10, 2022 | Indian News, Non-Life, Reinsurance, Risk Management

In addition to the certification opportunities, NAL and RIMS will jointly deliver ‘Introduction to Cyber Risk and Data Security’ and ‘Risk Management Techniques’ self-learning online courses. NAL and RIMS also plan to deliver a series of Masterclasses (focused topical...

Visakhapatnam port suspends operations due to cyclonic storm Asani

by AIP Online Bureau | May 9, 2022 | Indian News, Non-Life, Reinsurance

Cyclone Asani, which formed over the southeast Bay of Bengal, intensified into a severe cyclonic storm on Sunday, as it moved towards the southern state of Andhra Pradesh and the eastern state of Odisha. NEW DELHI: India’s Visakhapatnam port will suspend...
Jan Suraksha schemes bring insurance, pension within reach of common man: FM

Jan Suraksha schemes bring insurance, pension within reach of common man: FM

by AIP Online Bureau | May 9, 2022 | Health, Indian News, Life, Non-Life, Pandemic, Policy

Finance Minister Nirmala Sitharaman Under PMJJBY, a cumulative number of 12.76 crore persons have enrolled since inception for life cover, and families of 5,76,121 persons have received claims for Rs 11,522 crore under the scheme. The scheme has proved extremely...
UAE to introduce unemployment insurance in latest economic reforms

UAE to introduce unemployment insurance in latest economic reforms

by AIP Online Bureau | May 9, 2022 | Eco/Invest/Demography, International News, Non-Life, Policy

Insured workers would receive some money for a limited time period if made unemployed, UAE Prime Minister and Vice-President Sheikh Mohammed bin Rashid al-Maktoum, who is also the ruler of Dubai, said on Twitter, citing a cabinet decision Dubai: The United Arab...
LIC IPO subscribed nearly 3 times; share allocation on May 12

LIC IPO subscribed nearly 3 times; share allocation on May 12

by AIP Online Bureau | May 9, 2022 | Eco/Invest/Demography, Indian News, Life, Policy, Wealth Management/ Philanthropy

Against 16,20,78,067 shares on offer, 47,83,25,760 bids were received, according to data posted on stock exchanges at 7 pm. LIC had fixed the price band at Rs 902-949 per equity share Bidders in LIC IPO will be allocated shares on May 12, and the insurance behemoth...
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