by AIP Online Bureau | Feb 11, 2022 | Eco/Invest/Demography, Indian News, Policy, Technology, Wealth Management/ Philanthropy
Finance Minister Nirmala Sitharaman said, “I am not going to legalise it or ban it at this stage. Banning or not banning will come subsequently, when consultations give me input”. About the profit emanating from transactions in cryptocurrencies, she stated...
by AIP Online Bureau | Feb 11, 2022 | Eco/Invest/Demography, Indian News, Non-Life
“Sales in January 2022 again declined compared to January 2021, due to both Omicron-related concerns and semiconductor shortage. There is clearly a demand issue for two-wheelers due to lower rural off-take of entry level models,” Society of Indian...
by AIP Online Bureau | Feb 11, 2022 | Indian News, Intermediaries, Non-Life, Reinsurance
Stephen Hope, Charles Taylor Adjusting’s Director – International Onshore Energy & Mining explains: “The Indian insurance industry has seen significant growth in recent years, and it is an exciting time for Charles Taylor to become a part of this market. Our...
by AIP Online Bureau | Feb 11, 2022 | Indian News, Wealth Management/ Philanthropy
”Aggressive FII selling resulting from negative global cues wreaked havoc in the domestic market today. Globally markets traded in the red amid mounting concerns of surging US inflation which fuelled fears of a hawkish rate hike by the central bank,” said...
by AIP Online Bureau | Feb 11, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“Overall, the segment’s growth is likely to face headwinds due to capacity limitations to underwrite risks, as the financial flexibility provided by the local capital markets dries up, and to global risk aversion, as international investors and players reconsider...
by AIP Online Bureau | Feb 11, 2022 | Eco/Invest/Demography, Facts, Health, Pandemic, Technology
“Now that most older adults have at least one mobile device, health-related apps can provide an opportunity to support their health-related behaviours, manage their conditions and improve health outcomes,” said Pearl Lee, M.D., M.S., a geriatrician at...
by AIP Online Bureau | Feb 11, 2022 | Facts, Risk Management, Technology
Last week, Tesla had to recall nearly 54,000 vehicles equipped with “Full Self-Driving” software that allowed the vehicles to run through stop signs at low speeds, without coming to a complete halt. Seleted Tesla owners are “beta testing” the...
by AIP Online Bureau | Feb 10, 2022 | Indian News, Non-Life, Reinsurance
GIC Re, as part of restructuring its global business to be more profitable by pruning loss making business, has reduced its gross premium income by 13 per cent to Rs 32,904.65 crore in the first nine months Fy2021-22 The reinsurer’s combined ratio(CR) was higher...
by AIP Online Bureau | Feb 10, 2022 | Eco/Invest/Demography, International News, Policy, Technology
By 2025, the country aims to take the comprehensive strength of its blockchain industry to the most advanced level in the world, said a document jointly released by the Ministry of Industry and Information Technology and the Office of the Central Cyberspace Affairs...
by AIP Online Bureau | Feb 10, 2022 | Health, International News, Non-Life, Technology
Vaibhav Kashyap, CoFounder & CEO of Wellx.ai: “The mandatory nature of medical insurance in the UAE and state of overall health of citizens and residents called for a new type of insurance. Wellx.ai exists to enable insurers to embrace their responsibility as a...
