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Heat stress rising in India, heat waves second biggest killer among natural forces

Heat stress rising in India, heat waves second biggest killer among natural forces

by AIP Online Bureau | Jul 8, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Non-Life, Policy, Risk Management

Data from the National Crime Records Bureau (NCRB) that also captures accidental deaths including those from climatic stress, shows that between 2015 and 2020, 2,137 people had reportedly died due to heat stroke in the states in the northwest. But the southern...

UN: 2.3 billion people severely or moderately hungry in 2021

by AIP Online Bureau | Jul 7, 2022 | Eco/Invest/Demography, International News

“The most recent evidence available suggests that the number of people unable to afford a healthy diet around the world rose by 112 million to almost 3.1 billion, reflecting the impacts of rising consumer food prices during the (COVID-19) pandemic,” the...

India’s international air passenger volume likely to hit 97 per cent of pre-Covid levels in FY23: Icra

by AIP Online Bureau | Jul 7, 2022 | Data, Eco/Invest/Demography

”The steep ramp-up in international traffic during the last three months is supported by opening of major international destinations, easing of travel restrictions and increase in aircraft capacity deployment,” said Abhishek Lahoti, Senior Analyst,...

Over two-thirds of India’s blue-collared employees earn less than Rs 15,000 per month: Report

by AIP Online Bureau | Jul 7, 2022 | Data, Eco/Invest/Demography

Among the blue-collared workforce, women made Rs 12,398 on average — 19 per cent less than their male colleagues, according to the report by staff attendance and payroll management app SalaryBox Mumbai: Over two-thirds of the country’s blue-collared...

Coal pensioners’ body writes to PM Modi, seeks revision of post-retirement benefits

by AIP Online Bureau | Jul 7, 2022 | Eco/Invest/Demography, Indian News, Pension & Social Security

”We have written to the Prime Minister on July 5 on behalf of the 5.5 lakh pensioners seeking his intervention and stating our compelling decision to stage dharna from July 25 at Jantar-Mantar, New Delhi against non-review of CMPS-1998 and non-revision of...

Life insurance premiums rise by 40% to Rs 73,674 crore in Q1 Fy 2022-23

by AIP Online Bureau | Jul 7, 2022 | Indian News, Life

Recently listed LIC posted a 35.39 per cent growth in its new premium collection to Rs 48,201 crore in the June quarter 23 private sector life insurers led by SBI Life, at Rs 25,473 crore, registered a 48.75 percent growth in their new premium collection in the June...

Wage Revision: PSU general insurance employees unions call for strike on July 11

by AIP Online Bureau | Jul 7, 2022 | Indian News, Non-Life, Reinsurance

The Joint Forum of unions and associations of employees and officers in public sector general insurance companies have called the one-day strike for their demands including wage revision pending from August 1, 2017, increase in NPS contribution by 14 percent,...
Markel International expands renewable energy team with 2 key offshore wind appointments

Markel International expands renewable energy team with 2 key offshore wind appointments

by AIP Online Bureau | Jul 7, 2022 | International News, Non-Life, Reinsurance

These appointments are the latest in the build-out of a highly skilled and reputable team, equipped to provide a market-leading offering to its clients in the global renewable energy market London: Markel International, a subsidiary of Markel Corporation, has...

Miller acquires of Japanese broker Lead Insurance Services

by AIP Online Bureau | Jul 7, 2022 | Intermediaries, International News, Non-Life, Reinsurance

Founded in 1994, Lead specializes in Hull, War Risks and Protection & Indemnity insurance, offering a highly complementary service to Miller’s current marine capabilities. Lead has a strong client base and has been working alongside Miller for a quarter of a...
AICL partners with Wingsure to provide curated insurance products and digital management services to farmers

AICL partners with Wingsure to provide curated insurance products and digital management services to farmers

by AIP Online Bureau | Jul 7, 2022 | Indian News, Non-Life, Technology

Malay Poddar, CMD, AICIL, said, “We firmly believe that technology implementation is key to providing insurance and thereby protecting the underserved. Through our association, we will utilise the Wingsure technology platform to support our vision of how farmers...
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