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Beazley expands miscellaneous medical liability offering to Asia Pacific

Beazley expands miscellaneous medical liability offering to Asia Pacific

by AIP Online Bureau | Feb 21, 2022 | Health, International News

The product includes cover for medical malpractice (claims made), professional indemnity (claims made), public liability (claims made and occurrence) and product liability (claims made) Simgapore: Specialist insurer Beazley has enhanced its healthcare offering in Asia...

Regular international flights likely to resume from March 15

by AIP Online Bureau | Feb 21, 2022 | Health, Indian News, Pandemic

“Regular International flights is likely to resume from March 15. The Guidelines for International Arrivals, which came into effect from February 14, will be followed at airports for the passengers of these flights,” an official source said New Delhi:...

Watching geo-political situation carefully, keen on listing in March: LIC chief

by AIP Online Bureau | Feb 21, 2022 | Indian News, Life, Wealth Management/ Philanthropy

The LIC public issue would be the biggest IPO in the history of the Indian stock market. Once listed, LIC’s market valuation would be comparable to top companies like RIL and TCS Mumbai: Amid volatility in stock markets generated by tension between Russia and...
LIC wants to remain IDBI Bank shareholder for bancassurance gain

LIC wants to remain IDBI Bank shareholder for bancassurance gain

by AIP Online Bureau | Feb 21, 2022 | Banking & Bancassurance, Indian News, Life, Policy, Wealth Management/ Philanthropy

M R Kumar,chairperson,LIC Elaborating on bancassurance channel, Kumar said LIC has distribution tie up with 58,000 branches of different banks. There is still a lot of scope and headroom for growth on that front, he said adding that the corporation will also be keen...
Govt aims sustained recovery; infra spends will have multiplier effects: FM

Govt aims sustained recovery; infra spends will have multiplier effects: FM

by AIP Online Bureau | Feb 21, 2022 | Eco/Invest/Demography, Policy

Union Finance Minister Nirmala Sitharaman Stating that technology has helped the government make payments to the affected people during the pandemic, Sitharaman said it is also looking at how digital solutions can be deployed in the education and the farming sectors...
Digital divide is rapidly shrinking in India: PM Modi

Digital divide is rapidly shrinking in India: PM Modi

by AIP Online Bureau | Feb 21, 2022 | Eco/Invest/Demography, Indian News, Technology

Prime Minister Narendra Modi Addressing a webinar virtually on ‘Post Budget Seminar: Fostering Strong Industry-Skill Linkage’, the Prime Minister said, “Digital connectivity is what kept our education system alive in this time of a global pandemic....
Low Budget allocation to healthcare: Fin secy says it is primarily states’ responsibility

Low Budget allocation to healthcare: Fin secy says it is primarily states’ responsibility

by AIP Online Bureau | Feb 21, 2022 | Health, Indian News, Policy

Finance Secretary T V Somanathan Finance Secretary T V Somanathan said the Centre provides for some ”cross-cutting health infrastructure” and also spends on the Pradhan Mantri Jan Arogya Yojana, which helps people from lower strata of the society to access...
Fires on vessels still one of the biggest safety issues for shipping industry: Allianz

Fires on vessels still one of the biggest safety issues for shipping industry: Allianz

by AIP Online Bureau | Feb 21, 2022 | International News, Non-Life, Reinsurance, Risk Management

There was a record 40 cargo-related fire incidents alone in 2019 or one every 10 days. Across all vessel types, the number of fires/explosions resulting in total losses hit a four-year high of 10 at the end of 2020– accounting for around one in five total losses...
Storm Eunice: how forecasters predicted super-strong winds days before it even formed

Storm Eunice: how forecasters predicted super-strong winds days before it even formed

by AIP Online Bureau | Feb 20, 2022 | Articles, Disaster & Management, Technology

The improvement in the forecast is partly because of the hugely improved resolution of the supercomputer models. We can now simulate the earth in great detail, in four dimensions (including time). We also just have a better understanding of the science, and how...

China’s answer to rising sea levels, food insecurity: ‘seawater rice’

by AIP Online Bureau | Feb 20, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts

Climate change has made the task more urgent. China’s coastal waters have risen faster than the global average over the last 40 years, a worrying trend given the country’s deep reliance on its long and low eastern coast for grain production. Successfully growing...
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