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HealthySure secures additional funding from LetsVenture and other Founders

by AIP Online Bureau | May 18, 2022 | Health, Indian News, Technology, Workplace/Employee Benefits

The financing saw participation of new investors LetsVenture and founders Aditi Shrivastava – Founder – Pockets Aces, Sreeraman Mohan Girija – Cofounder of Fynd, Pankaj Vermani – Founder of Clovia, Sachin Shetty – Cofounder of Giva Sanil Basutkar, Co-founder...

S&P cuts FY23 India growth forecast to 7.3% on inflation, Russian-Ukraine war

by AIP Online Bureau | May 18, 2022 | Eco/Invest/Demography, Indian News

“The risks to our forecasts have picked up since our last forecast round and remain firmly on the downside. The Russia-Ukraine conflict is more likely to drag on and escalate than end earlier and deescalate, in our view, pushing the risks to the downside,”...
Global food safety net: Getting Thinner

Global food safety net: Getting Thinner

by AIP Online Bureau | May 18, 2022 | Articles, Eco/Invest/Demography, Policy

So-called “multiple breadbasket failures” are likely to become sharply more likely at higher levels of global warming. At 2 degrees of warming, the risk that five of the world’s corn-producing regions fail simultaneously goes from a once-in-16-years to a...
Half a million flee from Assam to escape floods triggered by pre-monsoon rains

Half a million flee from Assam to escape floods triggered by pre-monsoon rains

by AIP Online Bureau | May 18, 2022 | Eco/Invest/Demography, Indian News, Non-Life

One of the world’s largest rivers, the Brahmaputra, which flows into India and neighbouring Bangladesh from Tibet, burst its banks in Assam over the last three days, inundating more than 1,500 villages GUWAHATI: More than 500,000 people have fled their homes in...
After muted debut, LIC investors seek Aramco-style dividend

After muted debut, LIC investors seek Aramco-style dividend

by AIP Online Bureau | May 18, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy

Ashishkumar Chauhan, MD and CEO, BSE, MR Kumar, Chairperson, Life Insurance Corporation and Tuhin Kanta Pandey, DIPAM Secretary pose after the company’s IPO listing ceremony at the BSE in Mumbai With the demand for a handsome payout, LIC investors are taking a...
China Jet crash was intentional, suggests Black Box data: Report

China Jet crash was intentional, suggests Black Box data: Report

by AIP Online Bureau | May 18, 2022 | International News, Non-Life, Reinsurance

In March, the Boeing 737-800 jet, which was en route from Kunming to Guangzhou, crashed in the mountains of Guangxi, after a sudden plunge from cruising altitude, killing all 123 passengers and nine crew members aboard. It was mainland China’s deadliest aviation...
Pollution of all types kills 9 million people a year globally: Lancet

Pollution of all types kills 9 million people a year globally: Lancet

by AIP Online Bureau | May 18, 2022 | Health, International News, Non-Life

India and China lead the world in pollution deaths with nearly 2.4 million and almost 2.2 million deaths a year, but the two nations also have the world’s largest populations New Delhi: A new study blames pollution of all types for 9 million deaths a year...

RBI rejects applications of Sachin Bansal-backed firm, 5 others for setting up banks

by AIP Online Bureau | May 18, 2022 | Banking & Bancassurance, Indian News

The Reserve Bank had received 11 applications to set up bank under the Guidelines for ‘on tap’ Licensing of Universal Banks and Small Finance Banks The co-founder of e-commerce company Flipkart Sachin Bansal had acquired a majority stake in Chaitanya in...

RMS launches new cloud-based application UnderwriteIQ

by AIP Online Bureau | May 17, 2022 | International News, Non-Life, Reinsurance, Risk Management, Technology

Moe Khosravy, Executive Vice President, Software and Platform, RMS, said: “The growth in adoption of the RMS Intelligent Risk Platform has been phenomenal. A substantial number of clients are benefiting from the secure cloud-based platform that provides superior...
RIMS Survey highlights best practices to address and leverage emerging risks

RIMS Survey highlights best practices to address and leverage emerging risks

by AIP Online Bureau | May 17, 2022 | International News, Non-Life, Risk Management

Patrick Sterling,President,RIMS “In the face of so much uncertainty and volatility, business leaders around the world have challenged their risk management teams to identify, assess and deliver solutions to prepare the organization for the impacts of emerging risks,”...
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