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CMD Selection: FSIB recommends Neerja Kapur for New India,Girija Subramanian for AIC

CMD Selection: FSIB recommends Neerja Kapur for New India,Girija Subramanian for AIC

by AIP Online Bureau | Jul 27, 2022 | Indian News, Non-Life

Neerja Kapur, general manager , New India Assurance The FSIB, that replaced the BBB (Banks Board Bureau) as the head hunting agency for the top management of PSU banks and insurance companies on July 1, had interviewed seven shortlisted general mangers of different...

Life expectancy of South Koreans rises to 83.5 years in 2020, 3.3 longer than 10 years ago

by AIP Online Bureau | Jul 27, 2022 | International News, Life

According to OECD Health Statistics 2022, the life expectancy of Koreans was 83.5 years in 2020, which topped OECD countries’ of average 80.5 years. This is 1.2 years longer than Japan’s 84.7 years. It is 3.3 years more than 80.2 years in 2009. The OECD...

Germany earmarks up to $14 bln to make buildings more energy-efficient

by AIP Online Bureau | Jul 27, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts, Technology

Over the next few years, some 12-13 billion euros per year will be allocated to subsidise renovations to old buildings and installing more energy-efficient windows, doors and heaters, the ministry said. Around one billion euros will be allocated for new construction....

Centre issues comprehensive guidelines for monkeypox patients, contacts

by AIP Online Bureau | Jul 27, 2022 | Eco/Invest/Demography, Health, Indian News, Policy

Monkeypox typically manifests itself with fever, headache, rashes for up to three weeks, sore throat, cough and swollen lymph nodes New Delhi: A 21-day isolation, wearing masks, following hand hygiene, keeping lesions fully covered and waiting for those to fully heal...
DGCA restricts SpiceJet’s flights to 50% for 8 weeks

DGCA restricts SpiceJet’s flights to 50% for 8 weeks

by AIP Online Bureau | Jul 27, 2022 | Indian News, Regulation, Technology

There is “poor internal safety oversight” and “inadequate maintenance actions” in the airline which has resulted in degradation of “safety margins”, DGCA said During these eight weeks, the budget carrier will be subjected to...

ICICI Gen launches `Motor Floater & Pay-As-You-Use’ policies

by AIP Online Bureau | Jul 27, 2022 | Indian News, Non-Life

Sanjeev Mantri, executive director, ICICI Lombard General said “ Pay-How-You-Use and Pay-As-You-Use would go a long way in ensuring additional transparency and convenience for the end customer as these add-ons would precisely give them an idea of the coverage and...

Global CAT insured losses at $39 billion in H1 2022:Aon

by AIP Online Bureau | Jul 27, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News

Steve Bowen, managing director and head of Catastrophe Insight for Aon’s Impact Forecasting team, said: “The continued effects of La Niña conditions, amplified by climate change’s influence on global weather patterns, not only increased volatility and intensified many...

FSIB to select CMDs of New India and AIC today

by AIP Online Bureau | Jul 26, 2022 | Indian News, Non-Life, Policy

The GMs, who will be appearing for the interview are- M Rajeswari Singh, Agriculture Insurance Company,BS Rahul,(AIC),N Ramaswamy, presently heading GIC Re’s London branch ,Neerja Kapur, NIA, Girija Subramanian, GIC Re, Rashmi Bajpai, Oriental Insurance Company(OIC),...

EV fire incidents: Consumer protection regulator issues notices to 4-5 cos

by AIP Online Bureau | Jul 26, 2022 | Eco/Invest/Demography, Indian News, Technology

Central Consumer Protection Authority (CCPA) Chief Commissioner Nidhi Khare said the authority will commence the hearing on this matter soon.”We have issued notices to 4-5 companies. We asked them to provide reasons for series of fire incidents in EVs and why...
IMF cuts global growth outlook, warns high inflation threatens recession

IMF cuts global growth outlook, warns high inflation threatens recession

by AIP Online Bureau | Jul 26, 2022 | Eco/Invest/Demography, International News

Pierre-Olivier Gourinchas,Chief Economist,IMF “The outlook has darkened significantly since April. The world may soon be teetering on the edge of a global recession, only two years after the last one,” IMF Chief Economist Pierre-Olivier Gourinchas told a...
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