by AIP Online Bureau | Apr 10, 2022 | Eco/Invest/Demography, Indian News, Non-Life
Total EV sales had stood at 1,68,300 units in 2019-20 fiscal, it noted. According to the Federation of Automobile Dealers Associations (FADA), electric passenger vehicle retail sales stood at 17,802 during the last fiscal, up over three-fold from 4,984 units in FY21...
by AIP Online Bureau | Apr 10, 2022 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management
Anne Corona,chief executive officer, Asia Pacific, Aon `As traditional industry borders fall away in 2022, ecosystems and the digital platforms that enable them will continue to influence the future of business. Having an impact in the `New Better’ will no...
by AIP Online Bureau | Apr 10, 2022 | Articles, Life, Technology
HDFC Life, ICICI Prudential and Max Life Insurance are in the top three scorers in terms of brand NPS as they have been more successful in providing faster and increased communication and post-sales customer support by adopting digital technology. This shows that...
by AIP Online Bureau | Apr 9, 2022 | International News
David Gressly, the UN resident and humanitarian coordinator for Yemen, made the appeal saying the FSO Safer tanker is “a time bomb” because a major oil spill from it “would unleash a massive ecological and humanitarian catastrophe centered on a country already...
by AIP Online Bureau | Apr 9, 2022 | Health, Indian News, Pandemic
The patient had tested positive for COVID-19 on March 12 during his visit to Vadodara, but had returned to Mumbai the next day without informing the local authorities, the officials said Ahmedabad: A 67-year-old man from Mumbai, who had travelled to Vadodara in...
by AIP Online Bureau | Apr 9, 2022 | Intermediaries, International News, Non-Life, Reinsurance
“What we are now seeing are the underwriters starting to introduce Russia, Ukraine wording into their policies,” said Meredith Schnur, managing director, U.S. and Canada cyber brokerage leader at insurance broker Marsh, declining to name the insurers Insurance brokers...
by AIP Online Bureau | Apr 9, 2022 | International News, Non-Life, Reinsurance, Technology
Munich Re is seeking clearer war exclusion clauses in cyber policies, based on wording developed last year in the Lloyd’s of London market S&P Global said last week that insurance losses from the Ukraine conflict could total $35 billion, with cyber one of the...
by AIP Online Bureau | Apr 9, 2022 | International News, Technology
“As the publicly traded insurtechs have seen their share prices crater, and they have had to report performance results, it became evident that the insurance part of ‘insurtech’ wasn’t working,” Hertz said Insurance technology companies...
by AIP Online Bureau | Apr 9, 2022 | Intermediaries, International News, Non-Life, Reinsurance
Underwriters are charging as much as 10% of the value of a ship’s hull — basically the vessel’s worth as an asset — for what is called an additional war-risk premium, according to four people involved in the market. Some are simply quoting to cover at prices that they...
by AIP Online Bureau | Apr 9, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Technology
Irrespective of the difficult terrain, remoteness, vulnerability to climate risks and natural disasters of rural habitations, the intervention will greatly benefit from solar energy that can power critical healthcare services including immunization, maternal care,...
