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WTW launches specialist cyber coverage for ports and terminals

WTW launches specialist cyber coverage for ports and terminals

by AIP Online Bureau | May 24, 2022 | Intermediaries, International News, Non-Life, Reinsurance, Risk Management, Technology

CyNav for Ports and Terminals is designed to address the specific cyber threats faced by port and terminal owners and operators. It provides both flexible and tailored cover for business interruption losses including those arising from IT service providers, first- and...
LIC to declare financial results for FY22 on May 30

LIC to declare financial results for FY22 on May 30

by AIP Online Bureau | May 24, 2022 | Indian News, Life, Wealth Management/ Philanthropy

The insurance behemoth, which was listed on the bourses earlier this month on May 17, said the board will consider and approve the audited financial results (standalone and consolidated) for the quarter and year ended March 31, 2022 The meeting will also consider...

NHA launches revamped Ayushman Bharat Health Account mobile app

by AIP Online Bureau | May 24, 2022 | Health, Indian News, Policy, Technology, Workplace/Employee Benefits

Elaborating on the app, R S Sharma, CEO, of NHA said, ”The ABHA app will be instrumental in helping citizens to create their longitudinal health records. They can access their health records with the help of their ABHA address in seconds which will empower them in...

California parents could soon sue for social media addiction

by AIP Online Bureau | May 24, 2022 | Eco/Invest/Demography, Health, International News, Technology, Workplace/Employee Benefits

The bill prepared by California defines “addiction” as kids under 18 who are both harmed — either physically, mentally, emotionally, developmentally or materially — and who want to stop or reduce how much time they spend on social media but they can’t because...
Moving to ‘preparedness for recovery’ key to tackle climate change impact: PK Mishra

Moving to ‘preparedness for recovery’ key to tackle climate change impact: PK Mishra

by AIP Online Bureau | May 24, 2022 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Policy

P K Mishra,Principal Secretary to the Prime Minister ”In India, for the first time, in the country’s disaster risk management financing architectures, we have created a specific window for financing reconstruction and recovery, with USD 7.5 billion over...

Citizens can now access Digilocker services on WhatsApp via MyGov Helpdesk

by AIP Online Bureau | May 24, 2022 | Eco/Invest/Demography, Facts, Policy, Technology

“Offering Digilocker services on the MyGov Helpdesk is a natural progression and a step towards providing citizens with simplified access to essential services via WhatsApp’s easy and accessible platform. With almost 100 million plus people already...
IUMI Asia Forum 2022 in Mumbai

IUMI Asia Forum 2022 in Mumbai

by AIP Online Bureau | May 23, 2022 | Articles, Non-Life, Reinsurance, Risk Management

Hosted by General Insurance Council, International Union of Marine Insurance(IUMI) to hold its Asia Forum 2022 in Mumbai during June 1-2, indeed a proud moment for the Indian insurance industry R Balasundaram  As we take off our masks and say ‘Good riddance’ to...

UK climate stress test for banks, insurers is the toughest yet: Fitch

by AIP Online Bureau | May 23, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Life, Non-Life

Non-life insurers and reinsurers are exposed to physical risk through property and catastrophe losses, which are becoming more frequent and severe due to climate change Life insurers are more exposed to the transition risk that affects the assets in their investment...

Date to head IRDAI’s Reinsurance Advisory Committee

by AIP Online Bureau | May 23, 2022 | Briefs, Regulation, Reinsurance

The IRDAI has reconstituted its Reinsurance Advisory Committee (RAC) under the chairmanship of former managing director, Swiss Re, India Dhananjay Date. The other members are R. Chandrasekaran,former Head of Reinsurance, Cholamandalam MS General, G. Srinivasan,...

Pandemic creates new billionaire every 30 hours: Oxfam at Davos

by AIP Online Bureau | May 23, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy

”We expect this year that 263 million more people will crash into extreme poverty, at a rate of a million people every 33 hours,” Oxfam International said. Davos: As the rich and powerful from across the globe gather here for the World Economic Forum...
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