by AIP Online Bureau | Jul 10, 2022 | Disaster & Management, Indian News
Incidentally, the seismic activities became more visible soon after a major earthquake in Afghanistan, which killed several people and left many injured. But, the geologists in Karnataka were unanimous in saying there was no need to panic as the Deccan Plateau is a...
by AIP Online Bureau | Jul 10, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
According to the data, the number of folios with 43 fund houses rose to 13.46 crore in June 2022 from 12.95 crore in March 2022, registering a gain of 51 lakh during the three-month period. The industry crossed a milestone of 10 crore folios in May 2021 Mumbai: Asset...
by AIP Online Bureau | Jul 10, 2022 | Banking & Bancassurance, Indian News, Life, Regulation
At present, PNB has stakes in two insurance firms — PNB MetLife India Insurance Company Limited (PNB MetLife) and Canara HSBC OBC Life Insurance Company Ltd (CHOICE) HSBC Insurance (Asia Pacific) Holdings Limited, that holds 26 percent in Canara HSBC Life...
by AIP Online Bureau | Jul 10, 2022 | Workplace/Employee Benefits
With the latest data breach, the country with a nearly 1.4 billion population risks the personal information of nearly 70 per cent population. While experts said that it is unclear how many people have accessed or downloaded the database during the 14 months or more...
by AIP Online Bureau | Jul 9, 2022 | Indian News, Life, Non-Life, Reinsurance
Debasish Panda, chairman, IRDAI The entities who have applied for the new licenses are Paytm General Insurance, Anzen General Insurance ( R1 filed in July), Ria General Insurance( R1 applied), Kshema General Insurance(Agriculture Insurance, R2 under process),Cosmea...
by AIP Online Bureau | Jul 9, 2022 | Eco/Invest/Demography, Facts, Health, Non-Life, Pandemic, Technology
An ageing population in India, along with a growing middle class and enhanced life expectancy, is expected to boost the demand for allied health care services in India, Antara said. New Delhi: Around 70 per cent of senior citizens did not have access to proper...
by AIP Online Bureau | Jul 9, 2022 | Eco/Invest/Demography, International News, Technology
“With EVs comprising just 12 per cent of the total passenger vehicle shipments during the first quarter of 2022, there is a lot of scope for expansion. Fresh players are entering the market to benefit from the opportunity,” Senior Research Analyst Soumen...
by AIP Online Bureau | Jul 9, 2022 | Disaster & Management, International News, Non-Life, Reinsurance
According to the statement, the Bangladeshi government has evacuated over 472,000 people to some 1,605 shelters Dhaka: An estimated 7.2 million people have been severely affected in Bangladesh following devastating flash floods which began in May with a second wave...
by AIP Online Bureau | Jul 9, 2022 | Banking & Bancassurance, Climate, Environment, Renewable Energy, International News, Non-Life, Policy, Regulation
“Euro area banks must urgently step up efforts to measure and manage climate risk, closing the current data gaps and adopting good practices that are already present in the sector,” said the ECB’s chief supervisor, Andrea Enria A sudden jump in carbon prices coupled...
by AIP Online Bureau | Jul 9, 2022 | Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance
There are 84 per cent property, 14 per cent motor and two per cent commercial claims Sydney: The Australian insurers have received 8,415 claims with an estimated insurance loss of $97.9 million, said the Insurance Council of Australia (ICA) which earlier this week...
