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Covid patients at higher risk of serious neurodegenerative disorders: Study

by AIP Online Bureau | Jun 27, 2022 | Facts, Health, Non-Life, Pandemic

”More than two years after the onset of the COVID-19 pandemic, the precise nature and evolution of the effects of COVID-19 on neurological disorders remained uncharacterized,” Pardis Zarifkar, lead author from the Department of Neurology, Rigshospitalet,...

Russia defaults on foreign-currency sovereign debt for 1st time since 1918

by AIP Online Bureau | Jun 27, 2022 | Banking & Bancassurance, Eco/Invest/Demography, International News, Policy

Russia has pushed back against the default designation, saying it has the funds to cover any bills and has been forced into non-payment. As it tried to twist its way out, it announced last week that it would switch to servicing its $40 billion of outstanding sovereign...

WTW appoints Lee Garvey as Regional Head of Financial Solutions in Asia Pacific

by AIP Online Bureau | Jun 27, 2022 | Intermediaries, International News, Non-Life, Reinsurance

Commenting on Lee’s appointment, Stuart Ashworth, Head of International, Financial Sol said, “During this period of geopolitical upheaval, we believe our clients need our services more than ever. We have ambitious plans for Asia Pacific and this appointment reflects...
Reliance Capital Debt Resolution: Zurich Insurance bids for General Insurance, Cholamandalam for Life Insurance arm

Reliance Capital Debt Resolution: Zurich Insurance bids for General Insurance, Cholamandalam for Life Insurance arm

by AIP Online Bureau | Jun 26, 2022 | Indian News, Life, Non-Life

The timeline for bidding Reliance Capital Ltd extended by 90 days — from June 3 to September 2, 2022. This is the second extension granted by the Committee of Creditors (CoC) for the completion of RCL’s resolution process New Delhi: Lenders of debt-ridden...
IRDAI Chairman calls for a 2-day meet with insurance CEOs on June 30, to discuss further regulatory reforms

IRDAI Chairman calls for a 2-day meet with insurance CEOs on June 30, to discuss further regulatory reforms

by AIP Online Bureau | Jun 26, 2022 | Indian News, Life, Non-Life, Regulation

Debasish Panda, Chairman, IRDAI The insurers will also discuss with the IRDAI on changing the regulations relating to expenses of the management, commission structure to the intermediaries, offering discount on premium to direct policyholders and the norms relating to...

UP CM’s helicopter makes emergency landing in Varanasi after hitting bird

by AIP Online Bureau | Jun 26, 2022 | Indian News, Risk Management

A bird hit the CM’s helicopter after it took off from here (Varanasi) for Lucknow, after which it had to land here, District Magistrate Kaushalraj Sharma said Uttar Pradesh Chief Minister Yogi Adityanath’s helicopter had to make an emergency landing here...

FinMin asks banks to explore fintech partnership, co-lending opportunities

by AIP Online Bureau | Jun 26, 2022 | Banking & Bancassurance, Indian News, Risk Management, Technology

The ministry also urged the heads of the public sector lenders to strengthen IT security systems and cybersecurity to check fraud New Delhi: The Finance Ministry has asked public sector banks to explore fintech partnerships and co-lending opportunities to expand their...
Crypto exchanges hunker down as everything goes wrong in India

Crypto exchanges hunker down as everything goes wrong in India

by AIP Online Bureau | Jun 26, 2022 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Trends, Facts, Wealth Management/ Philanthropy

That a crypto marketplace should be in cost-cutting mode is hardly a surprise — Coinbase Global Inc. and Crypto.com have announced layoffs in the last two weeks alone — but Indian exchanges face the added burden of a new tax system that executives fear will wipe out...

NHA to host hackathon series under Ayushman Bharat Digital Mission

by AIP Online Bureau | Jun 26, 2022 | Health, Indian News, Non-Life, Technology

Under the innovation track there will be challenge for innovative solutions to power digital health in an open network around various use cases such as teleconsultation, ambulance booking, lab tests, physical consultation booking and lab tests booking New Delhi: The...
Fuselage door warnings light up on 2 SpiceJet planes; DGCA begins probe

Fuselage door warnings light up on 2 SpiceJet planes; DGCA begins probe

by AIP Online Bureau | Jun 26, 2022 | Indian News, Risk Management, Technology

There have been a total of four incidents — including the aforementioned two — on SpiceJet flights during the last one week. The Directorate General of Civil Aviation (DGCA) is investigating all the four incidents, officials stated New Delhi: Fuselage door...
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