by AIP Online Bureau | Jul 2, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Rishi Sunak,British Chancellor “Financial service is an area where there’s an enormous opportunity for both of our countries. India’s goal is to spread insurance across the entire economy because insurance is a great thing for enabling protection for...
by AIP Online Bureau | Jul 2, 2022 | Indian News, Non-Life
This is the fifth such incident on SpiceJet aircraft in two weeks. Aviation regulator Directorate General of Civil Aviation is investigating all five incidents. On June 19, an engine on SpiceJet’s Delhi-bound aircraft carrying 185 passengers caught fire soon...
by AIP Online Bureau | Jul 2, 2022 | International News, Non-Life, Reinsurance, Workplace/Employee Benefits
Igor Yurgens, head of the All-Russia Union of Insurers, told the same meeting on Friday that insurance companies from India and China are also staying away from Russia amid fears they will fall under secondary sanctions State-controlled Russian National Reinsurance...
by AIP Online Bureau | Jul 1, 2022 | Eco/Invest/Demography, Health, Indian News, Non-Life
Through this combined financing of USD 1 billion, the World Bank will support India’s flagship Pradhan Mantri-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM), launched in October 2021, the World Bank said in a release on Friday New Delhi: The World Bank...
by AIP Online Bureau | Jul 1, 2022 | Indian News, Life, Non-Life, Policy
FSIB will be a single entity for making recommendations for appointments of executive directors, and non-executive chairmen in PSU banks, CMDs, general managers and directors of public sector insurers, said the DoPT order With setting up of FISB, the selection...
by AIP Online Bureau | Jun 30, 2022 | Indian News, Life, Regulation, Technology
To grow faster, the insurers need capital and IRDAI is planning to enlarge the basket of instruments through which they can raise capital Life Insurance Corporation has to mobilise almost a total premium Rs 16 lakh crore , HDFC Life Insurance(Rs 2.66 trillion),SBI...
by AIP Online Bureau | Jun 30, 2022 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
In the foreword to the 25th issue of the Financial Stability Report (FSR) released on Thursday, Das also said that as the financial system gets increasingly digitalised, cyber risks are growing and need special attention “We must be mindful of the emerging risks...
by AIP Online Bureau | Jun 30, 2022 | Indian News, Technology, Workplace/Employee Benefits
Nearly 12,000 startup employees have been shown the door to date, let by companies like Ola, Blinkit, BYJU’s (White Hat Jr, Toppr), Unacademy, Vedantu, Cars24, Mobile Premier League (MPL), Lido Learning, Mfine, Trell, farEye, Furlanco and more Industry experts...
by AIP Online Bureau | Jun 30, 2022 | International News, Non-Life, Reinsurance
As CEO Singapore, Frenz will be responsible for overseeing Munich Re’s long-term growth ambition in this important market, as well as our commitment to being a great employer that is dedicated to developing our diverse talent here.” said Daniel Cossette, Chief...
by AIP Online Bureau | Jun 30, 2022 | International News, Non-Life, Reinsurance
Demand for such insurance has risen following recent shootings, including the murder of 19 children and two teachers at a Texas elementary school last month, the United States’ worst school shooting in nearly a decade Active shooter insurance typically covers...
