by AIP Online Bureau | Nov 7, 2022 | International News, Non-Life, Reinsurance
Images shared by East African media showed the aircraft seemingly intact after plunging into Lake Victoria, which borders Tanzania, Uganda and Kenya Nineteen people died after a passenger plane crashed into Africa’s largest lake on approach to an airport in...
by AIP Online Bureau | Nov 7, 2022 | Indian News, Life
LIC recorded 18 per cent rise in its new business premium at Rs 15,920.13 crore during the month, as against Rs 13,500.78 crore a year ago The rest 23 players in the private sector witnessed their combined new business premium increasing by 11 per cent to Rs 8,996.45...
by AIP Online Bureau | Nov 7, 2022 | Banking & Bancassurance, Indian News
Considering the large customer base of microfinance at 6 crore borrowers, microfinance, Deputy Governor M. Rajeshwar Rao said, has emerged as one of the most important tools to foster financial inclusion Mumbai: Customer protection lies at core of microfinance...
by AIP Online Bureau | Nov 7, 2022 | International News, Non-Life, Reinsurance
Max Robbie has been promoted to senior executive officer (SEO) at Markel Dubai, subject to regulatory approval. He joined Markel in Dubai in October 2021 and was previously head of upstream energy for Markel in Asia Dubai: Markel International, a subsidiary of the...
by AIP Online Bureau | Nov 7, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
The market has significant growth potential beyond these projections. Given estimates of annual global cyber losses at around $ 945 billion, roughly 90% of the risk remains uninsured, said Swiss Re Jérôme Haegeli, Swiss Re Group Chief Economist: “As cyberattacks...
by AIP Online Bureau | Nov 7, 2022 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Risk Management
“But this is part of a much deeper story – the uncertainty surrounding the future of the Chinese economy… These headlines are part of the ongoing saga as to whether there is any truth to the consistent rumours that authorities are discussing whether some...
by AIP Online Bureau | Nov 7, 2022 | Data, Eco/Invest/Demography, Technology
In a recent note, economists at SBI had said the currency in circulation (CIC) declined by Rs 7,600 crore in the Diwali week, which was the first such decline in nearly two decades if one were to exclude the 2009 festivities, which saw a marginal dip due to the global...
by AIP Online Bureau | Nov 7, 2022 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology, Workplace/Employee Benefits
According to the investigation based on leaked documents and undercover work in India earlier this year, journalists posing as former MI6 agents turned private investigators claim that one gang ”seized control of computers” owned by Pakistan’s...
by AIP Online Bureau | Nov 6, 2022 | Facts
Its assets include 10.25 tonnes of gold deposits in banks, 2.5 tonnes of gold jewellery, about Rs 16,000 crore of deposits in banks, and 960 properties across India New Delhi: Tirupati’s world famous Lord Venkateswara temple’s net worth of over Rs 2.5 lakh...
by AIP Online Bureau | Nov 6, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy
29 countries have now come forward with tightened national climate plans since COP26, five more since the publication of last week’s UNFCCC NDC Synthesis report, but still not a majority, said Simon Stiell, the new Executive Secretary of the UN Climate Convention...