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Value of biz covered by ECGC expected to increase to over Rs 10 lakh cr in this fiscal: Goyal

Value of biz covered by ECGC expected to increase to over Rs 10 lakh cr in this fiscal: Goyal

by AIP Online Bureau | Jun 24, 2023 | Eco/Invest/Demography, Indian News, Non-Life

Piyush Goyal,Commerce and Industry Minister Commerce and Industry Minister Piyush Goyal added that in the next four months, all procedures at the company would be made completely digital and grievance redressal mechanism to be implemented over video conference ECGC...

Rich nations pledge to unlock hundreds of billions of dollars for climate fight

by AIP Online Bureau | Jun 23, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

The leaders, gathered at a summit in Paris to thrash out funding for the climate transition and post-COVID debt burdens of poor countries, said their plans would secure billions of dollars of matching investment from the private sector An overdue pledge of $100...
LIC launches single premium new plan Dhan Vridhhi

LIC launches single premium new plan Dhan Vridhhi

by AIP Online Bureau | Jun 23, 2023 | Indian News, Life

(L to R) Siddhartha Mohanty, chairman, LIC and M Jagannath, managing director, LIC at the launch of the corporation’s new product Dhan Vridhhi The plan comes with two options to choose from wherein the sum assured on death can either be 1.25 times or 10 times in...

Marsh McLennan to work with Ukrainian government to unlock access to global insurance market

by AIP Online Bureau | Jun 23, 2023 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance

It follows the proposals that Marsh McLennan has made to Ukrainian and G7 governments for the creation of a war risk insurance pool. This would be a multinational public-private partnership based on the existing terrorism insurance pools that currently operate in...

US climate change lawsuit seeks $50 billion, citing 2021 heat wave

by AIP Online Bureau | Jun 23, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

Rather than acknowledge the dangers of climate change, the lawsuit said the fossil fuel industry worked to undermine the scientific consensus around the problem “with pseudo-science, fabricated doubt, and a well-funded, sustained public relations campaign to promote...
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