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Report casts doubt on net-zero emissions pledges by big global companies

by AIP Online Bureau | Jun 13, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Roughly half of the Forbes 2000 largest companies have yet to announce plans to reach net-zero — the point at which greenhouse gas emissions are negated by deep cuts in output as well as methods to absorb atmospheric carbon dioxide. Of the 702 companies with a...
Gadkari summons IRDA and CEOs of general insurance cos to take stock of Surety Bonds

Gadkari summons IRDA and CEOs of general insurance cos to take stock of Surety Bonds

by AIP Online Bureau | Jun 13, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance

Nitin Gadkari, union minister for Road Transport & Highways Though, the government and the IRDA have allowed the general insurers to launch Surety bonds since April 1, no insurers have been able to do it as there are lot of technical and legal gaps needs to be...
AirAsia India’s 2 planes operating on Delhi-Srinagar route face technical snags mid-air, return

AirAsia India’s 2 planes operating on Delhi-Srinagar route face technical snags mid-air, return

by AIP Online Bureau | Jun 12, 2022 | Indian News, Non-Life, Reinsurance

When asked about this incident, AirAsia India spokesperson said, ”AirAsia India confirms that flight i5-712 from Delhi to Srinagar had to return back to Delhi on account of a technical snag. The aircraft is being operated after rectification of the snag to...
From security to uncertainty: Post Covid, many elderly return to workforce

From security to uncertainty: Post Covid, many elderly return to workforce

by AIP Online Bureau | Jun 12, 2022 | Eco/Invest/Demography, Health, Indian News, Pandemic, Pension & Social Security

The reasons for seeking financial independence are varied as is the income bracket. It could be somebody whose son lost his job, another whose savings dwindled in the long months of lockdown or an elderly person who may have seen an earning child die of Covid and is...

Fire at hospital in Delhi’s Rohini, patient dies after losing oxygen support

by AIP Online Bureau | Jun 12, 2022 | Indian News, Risk Management

A case under Indian Penal Code (IPC) sections 285 (negligent conduct with respect to fire or combustible mat­ter), 287 (negligent conduct with respect to machinery), and 304A (causing death by negligence) is being registered in this regard at Vijay Vihar police...
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