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Researchers give new insights into genetic causes of high cholesterol

by AIP Online Bureau | Oct 23, 2022 | Eco/Invest/Demography, Facts, Health

According to the World Health Organization, high cholesterol is a leading contributor to disease burden in nations of all income levels, is a risk factor for heart disease and stroke, and is thought to be responsible for 2.6 million deaths annually globally A new...

Study finds number of hours worked in stressful jobs led to risk of depression

by AIP Online Bureau | Oct 23, 2022 | Facts, Health, Workplace/Employee Benefits

“This analysis suggests strongly that reducing the average number of work hours would make a difference in the degree to which interns’ depressive symptoms increase over time, and reduce the number who develop diagnosable depression,” says Amy...

Munich Re warns on target after $1.6 billion hit from Ian

by AIP Online Bureau | Oct 23, 2022 | International News, Non-Life, Reinsurance

Ian hit Florida in September and was one of the strongest hurricanes to ever make landfall in the US. It carved a trail of ruin across southern Florida, downing bridges, inundating roads and shattering homes. Insured losses have been estimated at more than $60 billion...

Volkswagen sued by investors in Germany for not disclosing alleged private climate lobbying activities

by AIP Online Bureau | Oct 23, 2022 | International News, Non-Life

A group of Swedish public pension funds, Danish AkademikerPension and the Church of England Pensions Board filed the suit at a German court seeking to make VW include an item about their lobbying activities to the agenda of its shareholder meeting. If successful, the...

Bajaj Allianz General Insurance posts PAT at Rs 747 crore

by AIP Online Bureau | Oct 23, 2022 | Indian News, Non-Life

The combined ratio, which measures the performance of the insurance operations, stood at 102 per cent in H1/2022-23 against 100.5 per cent in H1/2021-22. Significant sequential improvement was seen in the September quarter of 2022-23 with the combined ratio moving...

No govt, LIC veto post privatization of IDBI Bank

by AIP Online Bureau | Oct 23, 2022 | Banking & Bancassurance, Indian News, Life, Policy

The government earlier this month invited bids for the sale of a 60.72 percent stake in IDBI Bank, which is 45.48 percent owned by the government and 49.24 percent by the Life Insurance Corporation of India (LIC). The official said that post-privatization, the...

IndiaFirst Life Insurance files draft papers to raise funds via IPO, size could be between Rs 2,000 crore and Rs 2,500 crore

by AIP Online Bureau | Oct 22, 2022 | Indian News, Regulation, Wealth Management/ Philanthropy

BOB, India’s third largest PSU bank, holds 65 per cent stake in the company, followed by Warburg Pincus affiliate Carmel Point Investments India that owns 26 per cent stake and Union Bank of India that has 9 per cent shareholding Mumbai: Bank of Baroda-promoted...

HDFC Life posts Rs 686 crore net income in September quarter

by AIP Online Bureau | Oct 21, 2022 | Indian News, Life

Vibha Padalkar,Managing Director and Chief Executive Officer of HDFC Life said, ”we can easily do away with 100-150 branches from the existing 383 (ours and around 200 of theirs). Some of our own branches will also be shuttered but there won’t be any...

Punjab announces to restore old pension scheme for state govt employees

by AIP Online Bureau | Oct 21, 2022 | Indian News, Pension & Social Security, Policy

“We have taken an in-principle decision to this effect in a cabinet meeting. This will benefit lakhs of employees,” he said while adding that modalities will be worked out. Chandigarh: The Punjab government on Friday decided to restore the old pension...

Ukraine insurance costs surpass Iraq war levels, industry sources say

by AIP Online Bureau | Oct 21, 2022 | Eco/Invest/Demography, International News, Non-Life

The rates in Ukraine are currently higher than previously experienced in Iraq and Afghanistan…Principally, it’s a more active war zone rather than an insurgency situation,” said Alexis Fehler, accident and health underwriter at Lloyd’s of...
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