by AIP Online Bureau | Aug 6, 2022 | Workplace/Employee Benefits
With huge push from the regulator IRDAI, some of the general insurers including three financially weak public sector companies, have started firing from all cylinders to expand their topline July. ongoing General insurance companies have reported a lower growth in...
by AIP Online Bureau | Aug 6, 2022 | Eco/Invest/Demography, Facts
The new amendments require all Corporates with an average CSR obligation of Rs 10 crore or more in the previous three fiscal years to do CSR Impact Assessment Studies of their projects through independent agencies for projects above Rs1 crore Impact Assessment assists...
by AIP Online Bureau | Aug 6, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Technology
Over the past 50 years, every single day, they have caused on average 43 deaths and $78 million in damages, according to WMO statistics from 1970-2019 However, based on the data, death tolls have fallen dramatically. This development is thanks to improvements in...
by AIP Online Bureau | Aug 6, 2022 | Health, Indian News, Policy, Workplace/Employee Benefits
”By the end of December, 1.5 lakh Ayushman Bharat Health and Wellness Centres will be available to serve the country,” Mandaviya said while replying to a discussion on the Right to Health Bill, 2021, a private member’s bill introduced by RJD MP Manoj...
by AIP Online Bureau | Aug 6, 2022 | Data, Eco/Invest/Demography, Policy
Singh informed that when power demand increased this year in recent months, renewable energy (RE) accounted for 25 to 29 per cent of the total power generation and the RE is a major sector New Delhi: Renewable energy accounted for 25 to 29 per cent of the total power...
by AIP Online Bureau | Aug 6, 2022 | Health, Indian News, Non-Life, Policy, Technology
CAG audit analysed TPA-wise allocation of business (annual premium) and TPA wise Incurred Claims Ratio (ICR) and found that all the four PSU insurers allocated major share of business (15 to 44 per cent) to one TPA (Medi Assist India TPA Pvt. Ltd.) despite high ICR of...
by AIP Online Bureau | Aug 5, 2022 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
The Taiwan Strait is a key route, with almost half of the global container fleet passing through the waterway this year. The disruption is just the latest inconvenience for supply chains, which have been reeling since the start of the pandemic and Russia’s invasion of...
by AIP Online Bureau | Aug 5, 2022 | Eco/Invest/Demography, Indian News, Pension & Social Security, Regulation
Supratim Bandyopadhyay,Chairperson,PFRDA ”The Minimum Assured Return Scheme is under development. Tentatively, we may start from September 30,” PFRDA Chairperson Supratim Bandyopadhyay told reporters here on Friday New Delhi: The Pension Fund Regulatory...
by AIP Online Bureau | Aug 5, 2022 | Eco/Invest/Demography, International News, Non-Life, Risk Management
The airspace involved is comparatively small, but the disruption from the largest military exercises by China in the area since it fired missiles off the coast in 1996 is hampering travel between Southeast Asia and Northeast Asia SEOUL: Airlines have cancelled flights...
by AIP Online Bureau | Aug 5, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
Shaktikanta Das,Governor,Reserve Bank of india This is the third consecutive rate hike after a 40 basis points in May and 50 basis points increase in June. In all, the RBI has raised benchmark rate by 1.40 per cent since May this year “With growth momentum...