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EPFO launches face authentication for pensioners to submit digital life certificates

by AIP Online Bureau | Jul 30, 2022 | Indian News, Pension & Social Security, Technology

Union Minister of Labour and Employment Bhupender Yadav who also chairs EPFO’s apex decision-making body the Central Board of Trustees launched the face authentication technology for pensioners and stated a labour ministry statement New Delhi: EPFO launches face...
Deficient rains threaten Kharif crop production in Uttar Pradesh

Deficient rains threaten Kharif crop production in Uttar Pradesh

by AIP Online Bureau | Jul 30, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

Of the total 75 districts of the state, 67 recorded deficient rainfall while only seven recorded normal rainfall during this period  Lucknow: With deficient rains across Uttar Pradesh in this monsoon, farmers are staring at difficult days ahead fearing a sharp...
U.S. crop insurers post record-high premium growth on rising commodity prices and innovation

U.S. crop insurers post record-high premium growth on rising commodity prices and innovation

by AIP Online Bureau | Jul 30, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Revenue policies make up the bulk of the premium for the MPCI program, according to the report, so the loss ratio for revenue products has the most significant impact on the overall results of the program OLDWICK, N.J: Premiums in the US multi-peril crop insurance...
Floods now Australia’s second costliest weather event, insurers pay $2 billion in claims

Floods now Australia’s second costliest weather event, insurers pay $2 billion in claims

by AIP Online Bureau | Jul 30, 2022 | International News, Non-Life, Reinsurance

The latest figures reveal insured losses have increased six per cent from last month to a record-breaking $5.134 billion The average claim is $22,000, with personal claims averaging $17,000 and commercial claims averaging $71,000 New data, released by the Insurance...

China announces military exercise opposite Taiwan

by AIP Online Bureau | Jul 30, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The ruling Communist Party’s military wing, the People’s Liberation Army, was conducting “live-fire exercises” near the Pingtan islands off Fujian province from 8 a.m. to 9 p.m., the official Xinhua News Agency said. The Maritime Safety Administration warned ships to...
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