by AIP Online Bureau | Oct 18, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
U.S. Treasury Secretary Janet Yellen has pressed U.S. financial regulators to make assessment of climate change risks a normal part of their everyday work, including a demand that companies increase disclosures of such risks to investors Treasury said the proposed...
by AIP Online Bureau | Oct 18, 2022 | Eco/Invest/Demography, Indian News, Policy, Workplace/Employee Benefits
High targets lead to a perception that the government will sell minority stakes in state-run companies, prompting a fall in share prices of such firms, Pandey said. New Delhi: The Indian government should focus on privatisation of state-run companies instead of...
by AIP Online Bureau | Oct 18, 2022 | Eco/Invest/Demography, Indian News, Pension & Social Security
Globally, Iceland was ranked at the top followed by the Netherlands, Denmark, Israel, Finland and Australia ”The new labour reforms in India are expected to usher in a framework to facilitate increased participation in private pensions, thereby encouraging...
by AIP Online Bureau | Oct 18, 2022 | Indian News, Non-Life
The insurer’s combined ratio, a key matrix in any general insurer’s profitability stood at 105.1 per cent in Q2 FY2023 as against 105.3 per cent in Q2 FY2022 The company’s underwriting losses have gone up by 51 per cent to Rs 152 crore in the reporting...
by AIP Online Bureau | Oct 18, 2022 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Indians bought a record 344 tons of gold over the period, and sales are unlikely to match that this year, PR Somasundaram, regional chief executive officer at the London-based organization, told Bloomberg Television in an interview on Tuesday India’s gold sales during...
by AIP Online Bureau | Oct 18, 2022 | Banking & Bancassurance, Indian News, Policy
Earlier this month, India invited bids for a 60.72% stake in IDBI Bank — which is 45.48% owned by the government and 49.24% by state-owned Life Insurance Corp (LIC) — after dragging its feet for years New Delhi; The Indian government is in talks with the...
by AIP Online Bureau | Oct 18, 2022 | Indian News, Pension & Social Security, Technology, Workplace/Employee Benefits
The portal – www.ipension.nic.in – will act as a one-stop solution for all the pensioners’ needs. New Delhi: Union Minister Jitendar Singh on Tuesday launched an integrated portal aimed at ensuring “ease of living” for the central government pensioners. The...
by AIP Online Bureau | Oct 18, 2022 | Indian News, Non-Life, Reinsurance, Workplace/Employee Benefits
Fog and poor visibility are said to be the reason for the crash Dehradun: A helicopter ferrying pilgrims from Kedarnath temple to Guptkashi here crashed into a hill due to poor visibility on Tuesday, killing all six pilgrims and the pilot on the spot. The chopper...
by AIP Online Bureau | Oct 18, 2022 | Health, Indian News, Non-Life, Pandemic, Policy
On October 17, India detected its first case of Omicron’s BQ.1 subvariant in a sample of a patient from Pune. The BQ.1 is a descendant of BA.5, which is behind the 60 per cent Covid cases in the United States (US), as per reports Mumbai: A meeting between Union...
by AIP Online Bureau | Oct 18, 2022 | International News, Non-Life, Reinsurance
Swiss Re estimates the preliminary total insured market loss from Hurricane Ian at USD 50–65 billion Swiss Re’s P&C business reported and normalised combined ratios were affected in the third quarter by an increase in small- to mid-sized claims, partly...
