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Focus on drug price controls, preventive care can curb healthcare inflation

by AIP Online Bureau | Jan 31, 2024 | Eco/Invest/Demography, Features, Health, Policy

The report by GlobalData, a data and analytics company, reveals that healthcare professionals (HCPs) believe that enforcing prescription drug price controls and giving greater priority to preventive care stand out as the top two solutions that could effectively...
IMF forecasts ‘soft landing’ for global economy, upgrades India

IMF forecasts ‘soft landing’ for global economy, upgrades India

by AIP Online Bureau | Jan 31, 2024 | Eco/Invest/Demography, International News, Policy

“Growth in India is projected to remain strong at 6.5 per cent in both 2024 and 2025, with an upgrade from October of 0.2 percentage point for both years, reflecting resilience in domestic demand.” Washington: The International Monetary Fund (IMF) on...

Banks and insurers to lose reprieve from EU’s toughest ESG rule

by AIP Online Bureau | Jan 31, 2024 | Eco/Invest/Demography, International News, Life, Non-Life, Policy, Regulation, Reinsurance

The European Parliament and the European Council are moving toward an agreement that banks, asset managers and insurers should be viewed in the same way as other companies when it comes to ensuring that their value chains aren’t subject to environmental or human...
PB Fintech’s first quarterly net profit at Rs 38.05 crore in Q3

PB Fintech’s first quarterly net profit at Rs 38.05 crore in Q3

by AIP Online Bureau | Jan 30, 2024 | Indian News, Intermediaries, Life, Non-Life, Technology

Revenue from operations rose nearly 43 per cent to Rs 871 crore as proceeds from its insurance broker services more-than-doubled Mumbai: PB Fintech, the parent of online insurance aggregator Policybazaar, reported on Tuesday its first quarterly profit since listing,...
BAGIC net rises 3% to Rs 281 cr in Q3

BAGIC net rises 3% to Rs 281 cr in Q3

by AIP Online Bureau | Jan 30, 2024 | Indian News, Non-Life, Reinsurance

Tapan Singhel , MD & CEO, Bajaj Allianz General  Insurance The private sector insurer’s combined ratio increased to 102.9 per cent in 03 FY24 from 100.3 per cent in 03 FY23.Excluding the NATCAT impact. combined ratio for 03 FY24 stood at 99.5 per cent.BAGIC’s...
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