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G7 finance chiefs agree on Russian oil price cap but level not yet set

by AIP Online Bureau | Sep 2, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The cap would rely heavily on denying London-brokered shipping insurance, which covers about 95% of the world’s tanker fleet, and finance to cargoes priced above the cap. But analysts say that alternatives can be found to circumvent the cap and market forces could...

Globally majority of those impacted by floods uninsured: Swiss Re

by AIP Online Bureau | Sep 2, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, International News, Non-Life, Reinsurance

This year heavy rains have triggered floods that inundated cities in China and South Korea and disrupted water and electricity supply in India, while drought has put farmers’ harvests at risk across Europe Insured losses from floods doubled to $80 billion globally...

IRDA allows agents, brokers and other intermediaries to be on boards of insurance companies

by AIP Online Bureau | Sep 2, 2022 | Banking & Bancassurance, Indian News, Intermediaries, Life, Non-Life, Reinsurance

The proposed director should not not be working in the capacity of the chief insurance executive / specified person or any other officer responsible for soliciting insurance business for or on behalf of the insurance agent, intermediary or insurance intermediary while...

RBI seeks to shield growth as it prioritises inflation fight

by AIP Online Bureau | Sep 2, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management

His remarks came after data on Wednesday showed India’s gross domestic product grew less than RBI’s estimate of a 16.2% expansion, and signs that domestic demand will further moderate as borrowing costs rise are emerging Mumbai: India’s central bank will seek to...

Bima Lokpal settles 40,527 complaints in FY22

by AIP Online Bureau | Sep 2, 2022 | Health, Indian News, Life, Non-Life

Sounding alert,Sudhir Krishna, Insurance Ombudsman, said consumers should not fall prey to unrealistic returns or offers like interest-free loan, revival or portal of policy, bonus or commission, New Delhi: The Insurance Ombudsmen offices across the country settled a...

Over 99% of India’s population breathes air that exceeds WHO’s PM2.5 guidelines: Report

by AIP Online Bureau | Sep 2, 2022 | Facts, Health, Non-Life

A report by Greenpeace India said further said 62 per cent of pregnant women in the country live in the most polluted areas, compared to 56 per cent people in the whole population Over 99 per cent of India’s population is breathing air that exceeds the World...

Health ministers to discuss mental and primary health issues at WHO South-East Asia Region meeting in Bhutan

by AIP Online Bureau | Sep 2, 2022 | Eco/Invest/Demography, Health, International News, Non-Life, Policy

During a week-long annual governing body meeting starting from September 5 till September 9, where the health ministers and senior officials will deliberate on key issues including mental health through primary care and community engagement, strengthening health...

“Cervical cancer ranks as the 2nd most prevalent cancers in India”

by AIP Online Bureau | Sep 2, 2022 | Eco/Invest/Demography, Health, Indian News, Non-Life

Current estimates indicate that every year approximately 1.25 lakhs women are diagnosed with cervical cancer, and over 75 thousand die from the disease in India, and 83 % of invasive cervical cancers are attributed to HPVs 16 or 18 in India, and 70% of cases worldwide...
SC serves notice to Centre on population control plea

SC serves notice to Centre on population control plea

by AIP Online Bureau | Sep 2, 2022 | Eco/Invest/Demography, Indian News, Policy

The plea also sought a direction to the government to declare the first Sunday of every month as ‘Health Day’ to spread awareness about overpopulation and for distribution of contraceptive pills, condoms, vaccines, etc. to Economically Backward Class (EWS)...

Inflation and war stoking civil unrest across the globe, shows research

by AIP Online Bureau | Sep 2, 2022 | Workplace/Employee Benefits

“These are significant events in terms of disrupting every day life.In emerging markets, worst-case scenarios may involve “rioting, looting, even attempts to overthrow the government,” ,” Jimena Blanco, chief analyst for Verisk Maplecroft, said in an interview. said...
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