by AIP Online Bureau | Sep 26, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Cargo premiums increased in most markets, with China leading the growth in 2021. China now accounts for 14% of the cargo market, with the UK (Lloyd’s of London and the International Underwriting Association) having a 12.2% market share. With 2021 claims starting at a...
by AIP Online Bureau | Sep 26, 2022 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography
In 2020-21, India created 863,000 green jobs, of which 217,000 were in solar photovoltaic vertical and 414,000 in hydropower, a joint report published by International Renewable Energy Agency and the International Labour Organization titled ‘Renewable Energy and...
by AIP Online Bureau | Sep 25, 2022 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation
Zurich confirmed that it has made a separate offer to acquire a stake in Reliance General Insurance Company as part of the resolution process under Insolvency and Bankruptcy Code (IBC). ”The terms of any transaction are subject to negotiations and there can be...
by AIP Online Bureau | Sep 25, 2022 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
Inflation will remain elevated this year and the next, ADB said in an update to its flagship Asian Development Outlook (ADO) 2022 report ”This Update forecasts the inflation rate averaging 6.7 percent in FY2022 (fiscal ending in March 2023) before moderating to...
by AIP Online Bureau | Sep 25, 2022 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
FPIs turned net buyers in July after nine straight months of net outflows, which started in October last year. Between October 2021 till June 2022, they sold Rs 2.46 lakh crore in the Indian equity markets. New Delhi: After infusing more than Rs 51,000 crore last...
by AIP Online Bureau | Sep 25, 2022 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
Adam Peckman, senior leader for APAC Cyber Solutions,Aon “Only two in five businesses are ready to navigate new exposures arising from the rapid digital evolution we’ve witnessed across all industries in the past 24 months. Cyber risk cannot remain an IT risk or...
by AIP Online Bureau | Sep 25, 2022 | Indian News, Non-Life
The total compensation of Rs 8.10 lakh, included Rs 3 lakh towards compensation on account of permanent disability, Rs 2.80 lakh towards hospital expenses, Rs 1 lakh towards medical expenses, Rs 50,000 each towards loss of enjoyment of life and pain and suffering, Rs...
by AIP Online Bureau | Sep 25, 2022 | Eco/Invest/Demography, Indian News
The sharp increase in mutual fund (MF) folio count implies that a lot of new investors are coming into the capital markets and are embracing mutual funds as their preferred vehicle for investing. “Demonetisation led financialisation of household savings, further...
by AIP Online Bureau | Sep 25, 2022 | Facts, Health, Pandemic, Pension & Social Security, Policy
As many as 18 million children did not receive a single dose of DTP in 2021. The vast majority of these children live in low and middle-income countries, with India, Nigeria, Indonesia, Ethiopia and the Philippines recording the highest numbers, the statement said In...
by AIP Online Bureau | Sep 25, 2022 | Eco/Invest/Demography, Health, Indian News, Policy, Technology
Union Health Minister Mansukh Mandaviya Over 28,300 hospitals of which 46 per cent are private have been empanelled so far under the scheme. Of the total 3.8 crore hospital admission under the scheme, 46 per cent were in government-run hospitals. Fifty-two per cent of...
