by AIP Online Bureau | Jul 30, 2022 | Indian News, Non-Life, Policy, Workplace/Employee Benefits
In a letter to Suchita Gupta, chairperson, GIPSA, on Tuesday, unions had pointed out,“Failure of the DFS and our managements to address the genuine demands of the workforce have created a lot of distrust which needs to be rebuilt. You must have noticed the anguish of...
by AIP Online Bureau | Jul 29, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
Softening commodity prices, reduced intensity of Foreign Institutional Investors (FIIs) selling and better-than-expected earnings season have led to the recovery in the markets, analysts said Mumbai: Investors’ wealth grew by over Rs 9 trillion in three days of...
by AIP Online Bureau | Jul 29, 2022 | Eco/Invest/Demography, Indian News, Policy
Prime Minister Narendra Modi ` India is one of the world’s leading economies and will grow even bigger going forward; we should build institutions that can cater to our present and future roles,” the Prime Minister said Gandhinagar: Prime Minister Narendra...
by AIP Online Bureau | Jul 29, 2022 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Indian News, Policy, Regulation
Regulated entities (REs) should address financial risks arising from climate change and environmental degradation, through its risk management framework, in line with Board-approved risk appetite statement, risk management strategy and business plan, said the RBI...
by AIP Online Bureau | Jul 29, 2022 | International News, Non-Life, Reinsurance, Technology
“The directors, following consultation with the shareholders, have collectively concluded that there was not sufficient support to continue with the venture at this stage,” said an announcement on the company’s website B3i is supported by over 21 of the largest...
by AIP Online Bureau | Jul 29, 2022 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
Bruce Carnegie-Brown,chairman, Lloyd’s The Lloyd’s of London facility will provide up to $50 million of cover in marine cargo and war insurance, Lloyd’s, Ascot and Marsh said in a statement Premiums to go into the broader Black Sea area have risen sharply, to as...
by AIP Online Bureau | Jul 29, 2022 | Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance
“Every 30 seconds, someone dies from hepatitis-related diseases, including liver failure, cirrhosis and cancer,” said the WHO chief Moreover, some 80 per cent of people living with the disease are unable to access or afford care UN: The world is currently facing a new...
by AIP Online Bureau | Jul 29, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Floods, earthquakes and storms caused overall global losses of some US$ 65bn compared with US$ 105bn in the loss-heavy previous year. At around US$ 34bn, insured losses were roughly in line with previous years Globally, some 4,300 people lost their lives in natural...
by AIP Online Bureau | Jul 29, 2022 | International News, Risk Management, Technology
The US makes up the majority of demands for account information, accounting for 20% of the requests. India follows closely behind. Twitter says it complied fully with roughly 40% of all asks for information on user accounts Washington: Twitter warned Thursday that...
by AIP Online Bureau | Jul 29, 2022 | Banking & Bancassurance, Facts, Technology
With the Indian growth story counting heavily on its young population and more than 50 per cent of the population below the age of 28, the report assesses future consumer trends will be dictated by the first generation of truly digital natives in the banking sector...