by AIP Online Bureau | May 10, 2022 | Disaster & Management, Indian News, Non-Life, Reinsurance, Workplace/Employee Benefits
Visakhapatnam: The India Meteorological Department (IMD) on Tuesday predicted rainfall and strong winds for three states; Andhra Pradesh, Odisha and West Bengal Visakhapatnam International Airport director Srinivas said that IndiGo has cancelled 23 flights, both...
by AIP Online Bureau | May 10, 2022 | Articles, Climate, Environment, Renewable Energy, Non-Life, Pandemic, Reinsurance
“The insurance industry is likely to see a number of claims under specialist war policies from vessels damaged or lost to sea mines, rocket attacks and bombings in conflict zones.Insurers may also receive claims under marine war policies from vessels and cargo blocked...
by AIP Online Bureau | May 10, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
But current proposals will nevertheless make life considerably harder for Moscow, assuming they are adopted. The ban on providing insurance would span the vast majority of the global fleet of oil tankers seeking to transport Russian barrels Tanker companies insure...
by AIP Online Bureau | May 10, 2022 | Indian News, Non-Life, Reinsurance, Risk Management
In addition to the certification opportunities, NAL and RIMS will jointly deliver ‘Introduction to Cyber Risk and Data Security’ and ‘Risk Management Techniques’ self-learning online courses. NAL and RIMS also plan to deliver a series of Masterclasses (focused topical...
by AIP Online Bureau | May 9, 2022 | Indian News, Non-Life, Reinsurance
Cyclone Asani, which formed over the southeast Bay of Bengal, intensified into a severe cyclonic storm on Sunday, as it moved towards the southern state of Andhra Pradesh and the eastern state of Odisha. NEW DELHI: India’s Visakhapatnam port will suspend...
by AIP Online Bureau | May 9, 2022 | Health, Indian News, Life, Non-Life, Pandemic, Policy
Finance Minister Nirmala Sitharaman Under PMJJBY, a cumulative number of 12.76 crore persons have enrolled since inception for life cover, and families of 5,76,121 persons have received claims for Rs 11,522 crore under the scheme. The scheme has proved extremely...
by AIP Online Bureau | May 9, 2022 | Eco/Invest/Demography, International News, Non-Life, Policy
Insured workers would receive some money for a limited time period if made unemployed, UAE Prime Minister and Vice-President Sheikh Mohammed bin Rashid al-Maktoum, who is also the ruler of Dubai, said on Twitter, citing a cabinet decision Dubai: The United Arab...
by AIP Online Bureau | May 9, 2022 | Eco/Invest/Demography, Indian News, Life, Policy, Wealth Management/ Philanthropy
Against 16,20,78,067 shares on offer, 47,83,25,760 bids were received, according to data posted on stock exchanges at 7 pm. LIC had fixed the price band at Rs 902-949 per equity share Bidders in LIC IPO will be allocated shares on May 12, and the insurance behemoth...
by AIP Online Bureau | May 9, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
Foreign institutional investors continued their selling spree, offloading shares worth a net Rs 5,517.08 crore on Friday, according to stock exchange data. “There seems to be no respite for the markets from the bear hug as the weak Asian gauges and fall in...
by AIP Online Bureau | May 9, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy
The 10 advisers who manage the initial public offering They will receive around Rs 10 million ($129,000) each for their role in the deal, a fraction of what they would normally pocket for a deal of this size Mumbai: investment banks advising on the initial public...
