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SBI Gen-MSRLM partnership to boost insurance penetration in rural Maharashtra

by AIP Online Bureau | Jun 23, 2022 | Briefs, Eco/Invest/Demography, Non-Life

Mumbai: SBI General Insurance has signed a Memorandum of Understanding (MoU) with Maharashtra State Rural Livelihood Mission (MSRLM), Government of Maharashtra, with the aim to enhance the penetration of non-life insurance in the state’s rural population by...

German Insurtech Wefox seeks funding at over $5 billion value

by AIP Online Bureau | Jun 23, 2022 | International News, Non-Life, Technology

Wefox has carved out a different niche in the insurtech space, opting to distribute its insurance policies through a network of agents rather than hawking its products directly to consumers like some other startups The latest fundraising comes amid a challenging...
WHO considers declaring monkeypox a global health emergency

WHO considers declaring monkeypox a global health emergency

by AIP Online Bureau | Jun 23, 2022 | Health, International News, Non-Life

Last week, WHO Director-General Tedros Adhanom Ghebreyesus described the recent monkeypox epidemic identified in more than 40 countries, mostly in Europe, as “unusual and concerning.” Monkeypox has sickened people for decades in central and west Africa, where one...
Tata Nexon EV catches fire in Mumbai

Tata Nexon EV catches fire in Mumbai

by AIP Online Bureau | Jun 23, 2022 | Indian News, Non-Life, Risk Management, Technology

“This is a first incident after more than 30,000 EVs have cumulatively covered over 1 million km across the country in nearly four years. A detailed investigation is currently being conducted to ascertain the facts of this isolated incident.We will share a...
Electric vehicles could take 33% of global sales by 2028-AlixPartners

Electric vehicles could take 33% of global sales by 2028-AlixPartners

by AIP Online Bureau | Jun 23, 2022 | International News, Non-Life, Technology

EVs accounted for less than 8% of global sales last year, and just under 10% in the first quarter of 2022 To support that demand, automakers and suppliers now expect to invest at least $526 billion on EVs and batteries from 2022-2026, the firm said at its annual...
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