by AIP Online Bureau | Jun 23, 2022 | Briefs, Eco/Invest/Demography, Non-Life
Mumbai: SBI General Insurance has signed a Memorandum of Understanding (MoU) with Maharashtra State Rural Livelihood Mission (MSRLM), Government of Maharashtra, with the aim to enhance the penetration of non-life insurance in the state’s rural population by...
by AIP Online Bureau | Jun 23, 2022 | International News, Non-Life, Technology
Wefox has carved out a different niche in the insurtech space, opting to distribute its insurance policies through a network of agents rather than hawking its products directly to consumers like some other startups The latest fundraising comes amid a challenging...
by AIP Online Bureau | Jun 23, 2022 | Health, International News, Non-Life
Last week, WHO Director-General Tedros Adhanom Ghebreyesus described the recent monkeypox epidemic identified in more than 40 countries, mostly in Europe, as “unusual and concerning.” Monkeypox has sickened people for decades in central and west Africa, where one...
by AIP Online Bureau | Jun 23, 2022 | Indian News, Non-Life, Risk Management, Technology
“This is a first incident after more than 30,000 EVs have cumulatively covered over 1 million km across the country in nearly four years. A detailed investigation is currently being conducted to ascertain the facts of this isolated incident.We will share a...
by AIP Online Bureau | Jun 23, 2022 | International News, Non-Life, Technology
EVs accounted for less than 8% of global sales last year, and just under 10% in the first quarter of 2022 To support that demand, automakers and suppliers now expect to invest at least $526 billion on EVs and batteries from 2022-2026, the firm said at its annual...
by AIP Online Bureau | Jun 23, 2022 | Indian News, Life, Non-Life, Regulation, Technology
“Here we now realise that this has to be a continuous process, the period for which they are allowed to test such products in the market is only limited to six months. We are now proposing to expand that period to even up to three years, particularly for life...
by AIP Online Bureau | Jun 23, 2022 | Indian News, Life, Non-Life, Policy, Regulation, Risk Management
Debasish Panda,chairman,Irdai ”Currently, we have traditional method of supervision and we have very recently started embarking on a project of moving towards a risk based supervision which will be enabled by technology. In another word, you can call it...
by AIP Online Bureau | Jun 22, 2022 | Indian News, Non-Life
PSU general insurance companies have offered a very low wage hikes of seven per cent with immediate effect without any past arrears since August 2017 or wage hike of five per cent along with two per cent arrears Rejecting all the offers of the GIPSA, the unions have...
by AIP Online Bureau | Jun 22, 2022 | Articles, Health, Non-Life, Workplace/Employee Benefits
Now, even Indian insurers are open to the idea of covering LBGTQ and live in partners under a corporate cover. Companies are increasingly opting for these covers in line with growing expectations for inclusivity in the workplace. New age companies are increasingly...
by AIP Online Bureau | Jun 22, 2022 | Disaster & Management, Eco/Invest/Demography, International News
Most of the confirmed deaths were in the eastern Afghan province of Paktika, where 255 people had been killed and more than 200 injured, said interior ministry official Salahuddin Ayubi. In Khost province, 25 people had been killed and 90 taken to hospital, said a...
