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...
by AIP Online Bureau | Jul 9, 2022 | Disaster & Management, Indian News, Non-Life, Policy
Later, talking to journalists, Sarma said since Assam’s flood has been labelled ”severe” by a central team, which made an assessment of the flood situation, he sought an advance fund from the NDRF to enable the state to help the people whose houses...
by AIP Online Bureau | Jul 9, 2022 | Briefs
The Joint Forum of unions and associations of employees and officers in public sector general insurance companies(JFTU) has decided to defer their strike, to push for early conclusion of the industry’s wage revision, to 15th July. In view of the fact that GIPSA...
by AIP Online Bureau | Jul 8, 2022 | Banking & Bancassurance, Indian News
It is expected that each year around 75 senior management participants will attend this programme on and off campus involving around 30 days (may include weekends) of various interventions during the 9.5 months leadership development journey Mumbai: The new formed...
by AIP Online Bureau | Jul 8, 2022 | Banking & Bancassurance, Indian News, Pension & Social Security, Regulation
”We wish to inform you that HDFC Limited has today i.e. on July 8, 2022, received an approval from PFRDA regarding change in its status/constitution pursuant to the Scheme in accordance with the PFRDA (Point of Presence) Regulations, 2018, subject to a condition...
by AIP Online Bureau | Jul 8, 2022 | Disaster & Management, Indian News
According to the Indo-Tibetan Border Police (ITBP) officials, the cloud burst occurred at the lower holy cave (Amarnath) at around 5.30 PM and the rescue teams rushed to the spot. Earlier, IGP Kashmir informed that as many as two people have died so far New Delhi:...
by AIP Online Bureau | Jul 8, 2022 | Indian News, Intermediaries, Life, Non-Life, Policy, Regulation
The policyholders will bargain hard with agents to part with their due earnings without considering any kind of administration, technology development and other recurring and daily growing expenses including the sky-high rentals and salaries which would soon and...
by AIP Online Bureau | Jul 8, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
The lower quantum of net inflow from the previous month could be attributed to investors adopting the cautious path given the ongoing challenges to the investment environment New Delhi: Equity mutual funds witnessed a net inflow of Rs 15,498 crore in June amid...
by AIP Online Bureau | Jul 8, 2022 | Indian News, Risk Management
In a rare occurence, India’s aviation regulator on Wednesday said SpiceJet failed to build “safe, efficient and reliable” services in the wake of recent issues. It’s given the airline three weeks to explain why action shouldn’t be taken against it New Delhi:...
by AIP Online Bureau | Jul 8, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News
”Changes in transport need to go hand in hand with changes in the wider energy system. We must increase reclamation and recycling in the batteries sector and see much more research and investment in battery technology. We also need to reduce the number of cars...
