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Govt withdraws privacy bill proposal, working on new law

by AIP Online Bureau | Aug 3, 2022 | Indian News, Policy, Risk Management, Technology

A government notice stated it was taking the decision as a parliamentary panel’s review of the bill had suggested 81 amendments, leading to the need for a new “comprehensive legal framework” The privacy bill was designed to protect Indian citizens...

Overseas travel insurance increases 76% post-pandemic: ICICI Lombard

by AIP Online Bureau | Aug 3, 2022 | Health, Indian News, Non-Life, Pandemic, Technology

Sanjeev Mantri, executive director, ICICI Lombard said, “Customers are increasingly cautious and seek adequate medical cover, including COVID-19 cover for overseas trips. The bulk of travel purchases always took place digitally, with the numbers now only increasing....
$35 billion of global insured losses from natural catastrophes in H1 2022: Swiss Re

$35 billion of global insured losses from natural catastrophes in H1 2022: Swiss Re

by AIP Online Bureau | Aug 3, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Martin Bertogg, Head of Catastrophe Perils at Swiss Re Floods in South Africa as well as in India, China and Bangladesh further confirm the growing loss potential from floods in urbanized areas globally Martin Bertogg, Head of Catastrophe Perils at Swiss Re, said:...

Annual new HIV infections fell by 46 pc in India since 2010: Govt

by AIP Online Bureau | Aug 3, 2022 | Data, Eco/Invest/Demography

”The HIV/AIDS disease has an overall declining trend in India. As per HIV Estimation 2021, annual new HIV infections have declined by 46 per cent in India since 2010. Globally, annual new HIV infections have declined by 32 per cent since 2010 (UNAIDS 2022 fact...
Rising cost may hurt Indian insurance industry: YouGov’s global Survey

Rising cost may hurt Indian insurance industry: YouGov’s global Survey

by AIP Online Bureau | Aug 3, 2022 | Eco/Invest/Demography, Health, International News, Life, Non-Life, Pandemic

In a recent survey, YouGov asked consumers across 18 markets in which areas would they first make cutbacks if their household budget is squeezed due to increase in cost of living. Over a tenth (13%) of global consumers answered insurance policies or premiums The...
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