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Road accidents the leading cause of death in Sri Lanka: Health Ministry

by AIP Online Bureau | Jul 5, 2023 | Data, Eco/Invest/Demography, Non-Life

About 10,000-12,000 people in Sri Lanka die annually due to accidents which have become the leading cause of death in the economically productive age group between 15 and 44 years of age, said Dr Samitha Sirithunga, Consultant Community Physician at the Department of...

Bihar overtakes Tamil Nadu to become biggest MFI market in India

by AIP Online Bureau | Jul 5, 2023 | Banking & Bancassurance, Data, Eco/Invest/Demography

The top ten states now account for 85 per cent of the outstanding portfolio and also include Uttar Pradesh, Karnataka, West Bengal, Maharashtra, Madhya Pradesh, Odisha, Rajasthan and Kerala The average exposure per borrower was also higher at Rs 27,200 in Bihar as...

Reinsurance market continues to recalibrate at mid-year 2023 renewals: Guy Carpenter

by AIP Online Bureau | Jul 5, 2023 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance

The preliminary year-to-date Guy Carpenter US Property Catastrophe Rate on Line Index, an alternative measure of price change that incorporates the impact of structural adjustments and current views of risk on actual dollars paid, increased 35 percent for January...

by AIP Online Bureau | Jul 5, 2023 | Workplace/Employee Benefits

China’s extreme weather conditions may lead to food security crisis: Report

by AIP Online Bureau | Jul 5, 2023 | Disaster & Management, Eco/Invest/Demography, Facts, Non-Life, Reinsurance

As per this report, while the country’s North may face a heightened risk of water-related disasters, the South is likely to face drought. On the other hand, eastern China which is known as a key engine of economic growth, is likely to experience...
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