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Pandemic sets back Asia-Pacific’s poverty fight by 2 years – ADB

by AIP Online Bureau | Aug 24, 2022 | Eco/Invest/Demography, Health, International News, Pandemic

At least 20% of developing Asia’s population were either extremely or moderately poor in 2021. This proportion could be halved by 2030 if governments focus on resilience, innovation, and inclusiveness to provide more balanced economic opportunities and greater...

Park outside: Fire risk prompts Hyundai, Kia hitch recalls

by AIP Online Bureau | Aug 24, 2022 | International News, Non-Life, Risk Management, Technology

The Korean automakers are recalling more than 281,000 vehicles in the US because of the problem, but they haven’t figured out how to fix it yet. The automakers reported 25 fires or melting incidents in the US and Canada caused by the problem, but no crashes or...
Govt making investments on six fronts to strengthen healthcare services: PM Modi

Govt making investments on six fronts to strengthen healthcare services: PM Modi

by AIP Online Bureau | Aug 24, 2022 | Eco/Invest/Demography, Health, Indian News, Non-Life

Prime Minister Narendra Modi  The first front is encouraging prevention healthcare. The second one is opening small and modern hospitals. The third front is opening big institutes of medical colleges and research. The fourth front is increasing the number of...

General insurers can pay commissions to intermediaries upto 20% of their gross premium: IRDAI

by AIP Online Bureau | Aug 24, 2022 | Health, Indian News, Intermediaries, Non-Life, Reinsurance

After setting stiff premium targets for the insurers, the IRDAI in its “Exposure draft- Insurance Regulatory and Development Authority of India (Payment of Commission or Remuneration or Reward to Insurance Agents and Insurance Intermediaries) Regulations,...

Universal Sompo Gen Insurance partners with Repco Home Finance to insure home loans

by AIP Online Bureau | Aug 24, 2022 | Briefs, Non-Life

Universal Sompo General Insurance has partnered with Chennai based Repco Home Finance Ltd to insure their home loans This partnership will, additionally, disburse affordable insurance solutions from Universal Sompo General Insurance like Group Credit Protection,...
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