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Max Financial Services Q4 net profit slips 64 pc to Rs 52 crore

by AIP Online Bureau | May 13, 2023 | Indian News, Life

Prashant Tripathy, managing director, Max Life Insurance Company , said, “Through our continued focus on introducing innovative products, expanding distribution strength across channels, and driving a balanced product mix, we delivered strong growth in Q4FY23.”...

UN agencies brace for disaster as Cyclone Mocha intensifies in Bay of Bengal

by AIP Online Bureau | May 13, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Extreme weather hazards will occur more frequently due to climate change in the years ahead, IOM warned ““The linkages between climate change, migration, and displacement are increasingly pressing worldwide,” the agency said, calling on governments to implement...

World Bank team meets Kerala CM; expresses interest in state’s carbon neutral initiatives

by AIP Online Bureau | May 13, 2023 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Non-Life, Policy

World Bank Vice President for South Asia Region Martin Raiser said the World Bank’s ‘Resilient Kerala Programme’ to support the state’s preparedness against natural disasters, climate change impacts, disease outbreaks, and pandemics was...
Irdai sets up expert panel for matters related to mental health

Irdai sets up expert panel for matters related to mental health

by AIP Online Bureau | May 13, 2023 | Health, Indian News, Non-Life, Regulation

A holistic examination of the various aspects involved such as types of conditions, types of treatments etc from the insurance perspective is necessary when dealing with products designed to cover mental illnesses and other related aspects Hyderabad: Regulator Irdai...
IRDAI asks insurers to provide mandatory covers for surrogate mothers

IRDAI asks insurers to provide mandatory covers for surrogate mothers

by AIP Online Bureau | May 12, 2023 | Health, Indian News, Non-Life, Regulation

The Surrogacy (Regulation) Act, 2021, says an insurance coverage of such amount and in such manner as may be prescribed in favour of the surrogate mother for a period of thirty-six months covering postpartum delivery complications from an insurance company or an agent...
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