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...
by AIP Online Bureau | Jul 7, 2022 | Indian News, Non-Life, Reinsurance, Risk Management, Technology
As a DGCA review of the incidents showed that ”poor” internal safety oversight and ”inadequate” maintenance actions have resulted in ”degradation” of the safety margins of SpiceJet, the airline’s chief Ajay Singh asserted it...
by AIP Online Bureau | Jul 7, 2022 | Eco/Invest/Demography, International News, Pension & Social Security
“Unprecedented price surges mean that for many people across the world, the food that they could afford yesterday is no longer attainable today/,This cost-of-living crisis is tipping millions of people into poverty and even starvation at breathtaking speed and...
by AIP Online Bureau | Jul 7, 2022 | Health, Indian News, Non-Life
Tedros Adhanom Ghebreyesus said. Ghebreyesus,World Health Organisation Director-General WHO Chief Scientist Soumya Swaminathan said that there has been an emergence of a sub-variant that is being called the BA.2.75 “First reported from India and then from about...
by AIP Online Bureau | Jul 6, 2022 | Health, Indian News, Non-Life, Reinsurance
The four PSU multiline general insurers -New India Assurance, Oriental Insurance Company, United India Insurance, National Insurance Company- have further lost around four per cent of their market share to private sector competitors in Apr-June period. Mumbai:...
by AIP Online Bureau | Jul 6, 2022 | Briefs, Health, Non-Life
As part of its efforts to focus on retail health products, Universal Sompo General Insurance has launched Complete Health Insurance plan with added features for retail consumers. The product is a comprehensive health insurance cover that includes a slew of new...
by AIP Online Bureau | Jul 6, 2022 | Indian News, Non-Life, Regulation
Arun Kumar, chief of aviation regulator DGCA In a statement on Wednesday, Arun Kumar, chief of aviation regulator DGCA said: ”On an average, about 30 incidents do take place, which includes go around, missed approaches, diversion, medical emergencies, weather...
by AIP Online Bureau | Jul 6, 2022 | Indian News, Non-Life
In a statement, a Vistara spokesperson said: “After landing in Delhi, while taxing to the parking bay, IDG on our flight UK122 (BKK-DEL) had a minor electrical malfunction on 05 July, 2022. Keeping passenger safety and comfort in mind the crew elected to tow the...
by AIP Online Bureau | Jul 6, 2022 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Technology
Banks participating in the exercise had to estimate how events such as floods would impact mortgage values, or how big a hit they faced if corporate clients defaulted after a spike in carbon prices Europe’s Landmark Test of Banks’ Resilience to Climate Risk Is Softer...
by AIP Online Bureau | Jul 6, 2022 | Workplace/Employee Benefits
The KBA watchdog said on its website dated June 29 that a software flaw was causing a breakdown of the eCall, which is designed to automatically contact emergency responders in the event of a serious accident FRANKFURT: Germany’s road traffic agency said it was...
