by AIP Online Bureau | Apr 13, 2022 | Indian News, Risk Management
NITI Aayog CEO Amitabh Kant said that the time is ripe for the EV industry to instill a sense of confidence in consumers the way global automakers do by voluntarily recalling their vehicles over fire risks New Delhi; As more and more electric two-wheelers catch fires...
by AIP Online Bureau | Apr 13, 2022 | Indian News
“For the moment, we have barred these pilots from flying the Max and they have to retrain successfully for flying the aircraft,” DGCA chief Arun Kumar said in a statement New Delhi: Indian aviation regulator DGCA has barred 90 SpiceJet pilots from...
by AIP Online Bureau | Apr 13, 2022 | International News, Life
In terms of most valuable insurance brand, at $ 11. 1 billion(up 30% from $8.65 billion in 2021), LIC in 2022 has moved one place up in its global ranking to the ninth position from 10th in 2021, However in the global top 10 list which is dominated by Chinese insures(...
by AIP Online Bureau | Apr 13, 2022 | Briefs, Health, Intermediaries, Life, Non-Life
Bajaj Capital Insurance Broking has announced the appointment of Venkatesh Naidu as its chief executive officer. Venkatesh has over 20 years of experience in working and building renowned insurance organisations in India like Exide Life Insurance, Bharti AXA Life...
by AIP Online Bureau | Apr 13, 2022 | Briefs, Intermediaries, Non-Life
Insurance broke SecureNow has launched the ‘Property & Equipment Insurance for Clinics, Laboratories & Hospitals’. Approximately, it would cost Rs 840 plus taxes annually to insure a building of Rs 100,000 and electronic equipment of Rs 100,000. Through this...
by AIP Online Bureau | Apr 13, 2022 | International News, Life, Reinsurance, Technology
In line with Munich Re’s digital strategy and commitment to helping our life insurer clients grow their business intelligently, Munich Re’s acquisition of Clareto will enable Munich Re to structure EHRs for optimal use in life insurance underwriting. NEW YORK: Munich...
by AIP Online Bureau | Apr 13, 2022 | International News, Non-Life
“Over his more than 35 years in insurance and reinsurance, Tom has developed deep underwriting expertise and, since joining AIG in 2018, he has played a critical role in the turnaround of our general insurance business by setting standards for underwriting excellence...
by AIP Online Bureau | Apr 13, 2022 | Facts, Technology
”It may have a near-term impact which is a little negative but over the long-term, I don’t think this is going to be an impediment (in EV sales). This is a new age industry and any such industry will find teething issues,” said Hemal Thakkar,...
by AIP Online Bureau | Apr 13, 2022 | Eco/Invest/Demography, Indian News, Regulation, Technology, Wealth Management/ Philanthropy
No official data is available on the size of the Indian crypto market, but industry estimates suggest investors number from 15 million to 20 million, with total holdings of about 400 billion Indian rupees ($5.25 billion) Mumbai: Big Indian crypto exchanges CoinSwitch...
by AIP Online Bureau | Apr 13, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Haryana Agriculture Minister J P Dalal said,the Pradhan Mantri Fasal Bima Yojana has been implemented in the state since 2016.Under this scheme, barley, maize, cotton, paddy and bajra are insured in Kharif season and wheat, gram, mustard and sunflower crops in Rabi...
