by AIP Online Bureau | Aug 26, 2022 | Briefs, Eco/Invest/Demography, Health, Non-Life
Bimaplan, a Y Combinator-backed insurtech startup has recently announced a partnership with Niyo Bharat, to provide contractual factory workers with vital microinsurance protection plans. Bimaplan and Niyo Bharat’s partnership will provide financial inclusion to...
by AIP Online Bureau | Aug 26, 2022 | Eco/Invest/Demography, Health, Indian News, Non-Life
Sanjeev Mantri,executive director, ICICI Lombard General Insurance ` The new offerings were propelled by the recent announcement of ‘Use and File’ framework from the IRDAI. Fuelled by regulatory reforms, we have accelerated our pace of developing and launching new...
by AIP Online Bureau | Aug 26, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy
India will need around USD 10.1 trillion in cumulative economy-wide investment to meet its 2070 target. While India could decarbonise using carbon revenues or other domestic tax-raising mechanisms to fund green investments, leveraging international support would free...
by AIP Online Bureau | Aug 26, 2022 | Health, International News, Non-Life, Pandemic, Policy
In January, WHO and partners launched the COVID-19 Vaccine Delivery Partnership, focused mainly on the 34 countries that were at or below 10 per cent coverage. All but six are on the continent Today, only 10 countries still have less than 10 per cent coverage, most of...
by AIP Online Bureau | Aug 26, 2022 | Indian News, Life, Pension & Social Security, Regulation
Set up with initial capital of Rs 50 crore, the fund manager is expected to begin its operation in October, Max Life managing director and CEO Prashant Tripathy told PTI New Delhi: Max Life Insurance Company on Friday said it has ventured into the pension fund...
by AIP Online Bureau | Aug 26, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
Yangtze’s retreating water levels have snarled electricity generation at many key hydropower plants, sparking energy chaos across parts of the country. Mega cities including Shanghai are turning off lights, escalators and cutting back on air conditioning. Tesla Inc....
by AIP Online Bureau | Aug 26, 2022 | Eco/Invest/Demography, Facts, International News
Korea is the world’s fastest-aging nation among economies with per capita GDP of at least $30,000, according to United Nations global population projections and World Bank data. By 2100, its population will fall by 53% to 24 million, up from a 43% decline forecast in...
by AIP Online Bureau | Aug 26, 2022 | International News, Non-Life, Policy, Reinsurance
While Russian coal miners started re-directing volumes to Asia long before the ban came into force, the shipowners typically reinsure their risks with bigger providers that can no longer cover such exports. The companies are looking at other options, but those will be...
by AIP Online Bureau | Aug 26, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The change was approved by marine groups including the International Chamber of Shipping and will be operational from January next year, they said in an emailed statement on Monday “No piracy attacks against merchant ships have occurred off Somalia since 2018,”...
by AIP Online Bureau | Aug 25, 2022 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Policy
Prime Minister Narendra Modi Reiterating that the future needs flexible workplaces, a work-from-home ecosystem, and flexible work hours, the Prime Minister said,“ we can use systems like flexible workplaces as opportunities for women’s labour force...