by AIP Online Bureau | May 12, 2022 | Indian News, Non-Life
The incident took place during a flying practice at the Swami Vivekananda Airport in Raipur under Mana police station limits at around 9:10 pm, said Senior Superintendent of Police (SSP) Prashant Agrawal Raipur:A Chhattisgarh government helicopter crashed at the...
by AIP Online Bureau | May 12, 2022 | Indian News, Regulation
After a long time, IRDA will have three executive directors as Suresh Mathur, who has gone to Hyderabad based Institute of Insurance and Risk Mangement (IIRM) as a director, is already an excecutive director of IRDAI Hyderabad: After a long hiatus, the insurance...
by AIP Online Bureau | May 12, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy, Workplace/Employee Benefits
“Markets continued to remain under pressure in sync with global markets slump, as worries of more interest rate hikes coupled with sluggish economic growth going ahead weighed on sentiment. The ongoing conflict and lockdowns in China due to virus spread is...
by AIP Online Bureau | May 12, 2022 | Indian News, Non-Life, Reinsurance
Allowing general insurers to extend appropriate discounts, IRDAI has explained that “The objective of Insurance Information Bureau of India (IIBI) publishing details of “Burning Costs” occupancy-wise is only to give information to insurers with...
by AIP Online Bureau | May 12, 2022 | International News, Life
Amanda Blanc,,Chief Executive Officer,Aviva Plc The insurance sector has been dogged by allegations of sexism in recent years A 2019 Bloomberg investigation uncovered evidence of endemic sexual harassment at the world’s oldest insurance market [Lloyd’s], including...
by AIP Online Bureau | May 12, 2022 | Eco/Invest/Demography, Health, Indian News, Policy
Mamata Banerjee, chief minister, West Bengal ”Last year, Rs 36 crore went out of the state. The thing is we provide Rs 5 lakh for each Swasthya Sathi (card). If the treatment is done here, the money rolls within our state. The problem is that the money is going...
by AIP Online Bureau | May 12, 2022 | Indian News, Non-Life
As per the notification, fee for renewal of registration of cars older than 15 years was enhanced from Rs 600 to Rs 5,000 and bikes from Rs 300 to Rs 1,000 Fitness renewal certificate fee for buses and trucks older than 15 years was enhanced from Rs 1,500 to Rs...
by AIP Online Bureau | May 12, 2022 | Indian News, Life
“We are not inclined to grant any interim relief,” the bench said as it issued notice to the Centre and LIC on the batch of pleas seeking their response within eight weeks New Delhi: The Supreme Court on Thursday refused to grant any interim relief and stay the Life...
by AIP Online Bureau | May 12, 2022 | International News, Non-Life, Reinsurance
The transformation of AXA S.A into the group’s internal reinsurer aims to enhance capital fungibility across AXA Group** , in line with AXA’s capital management policy Paris: AXA announced that AXA S.A., the holding company of AXA Group, has obtained its reinsurance...
by AIP Online Bureau | May 12, 2022 | Climate, Environment, Renewable Energy, Non-Life, Reinsurance
Since Lloyd’s sent out invitations for the May 19 AGM on April 19, “the risk of disruption has significantly increased,” Chairman Bruce Carnegie-Brown said in a notice on the market’s website dated May 10 London: Commercial insurance market Lloyd’s of London is...
