by AIP Online Bureau | Jun 14, 2022 | International News, Non-Life, Reinsurance
Catherine Fassi will replace Stuart McMurdo as Regional CEO of EMEA and Canada for P&C, effective July 1st, 2022 Paris: After 31 years with SCOR, Michel Blanc will retire in January 2023. He will be succeeded as CEO of Reinsurance by Stuart McMurdo. Michel and...
by AIP Online Bureau | Jun 14, 2022 | Eco/Invest/Demography, Indian News, Pension & Social Security
The insurance sector and schemes – both government and private – needs to better address the health insurance needs of elderly, and it’s time for employers to take off their ageist glasses and give elderly a chance to prove their mettle,” said...
by AIP Online Bureau | Jun 14, 2022 | International News, Non-Life, Policy, Reinsurance
“It’s not safe for ships to get in or get out at the moment. Until the mines are swept, that situation is not going to change,” said Guy Platten, secretary general of the International Chamber of Shipping, which is also working on opening up maritime channels As the...
by AIP Online Bureau | Jun 14, 2022 | Eco/Invest/Demography, Indian News, Policy
”We are now USD 3.3 trillion, it is not such a difficult target to reach. Then if you simply assume 10 per cent nominal GDP growth in dollar terms, then you get to USD 10 trillion by 2033-34 and another doubling with the same rate, said Chief Economic Adviser...
by AIP Online Bureau | Jun 14, 2022 | Indian News, Life
(L to R) MR Kumar, chairman, Siddhartha Mohanty, managing director, Bishnu Patanaik,MD at the LIC’s launching ceremony of Dhan Sanchay Dhan Sanchay provides guaranteed income benefit(GIB) during the payout period from the date of maturity, and guaranteed...
by AIP Online Bureau | Jun 14, 2022 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management
Strikes, riots and violent protest movements pose risks to companies because in addition to buildings or assets suffering costly material damage, business operations can also be severely disrupted with premises unable to be accessed, resulting in loss of income. In...
by AIP Online Bureau | Jun 14, 2022 | Facts, Health
As per Air Quality Life Index’s (AQLI) new analysis, air pollution shortens average Indian life expectancy by five years, and in the Indo-Gangetic plains of northern India, 510 million residents, nearly 40 percent of the country’s population, are on track...
by AIP Online Bureau | Jun 14, 2022 | Banking & Bancassurance, Indian News, Non-Life
Paritosh Tripathi, MD & CEO,(Designate), SBI General Insurance With a solvency ratio of 1.85 during the year, SBI General had recorded a total gross written premium (GWP) of Rs 9260 crore, up 11 %, in FY 2021-22 and has maintained its market...
by AIP Online Bureau | Jun 13, 2022 | Health, Indian News, Non-Life, Policy
Upon availing of treatment under Aarogya Sri, the cost (as fixed by the government) would be paid into the patient’s account and thereafter credited into the hospital account in auto-debit mode, a release from the Chief Minister’s Office said. “A...
by AIP Online Bureau | Jun 13, 2022 | Eco/Invest/Demography, Indian News, Life, Wealth Management/ Philanthropy
Falling for the tenth straight session on Monday, shares of Life Insurance Corporation (LIC) of India dropped 4 per cent to hit an all-time low of Rs 681.70 on BSE while its market capitalisation (m-cap) slipped to Rs 4,34,052 crore. The selloff has led to erosion of...
