by AIP Online Bureau | Dec 29, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
Omicron cases are mounting, and experts say the next few months will be critical. Those fears have been amplified by doubts about the effectiveness of the Chinese-made vaccines used in China and much of the developing world Once the pace picks up, its upsurge would be...
by AIP Online Bureau | Dec 29, 2021 | Facts, Health, Pandemic
While the authors found that neutralisation of Omicron increased 14-fold over 14 days after the enrolment, they also found that there was a 4.4-fold increase in neutralisation of the Delta variant Research by South African scientists suggests that Omicron could...
by AIP Online Bureau | Dec 29, 2021 | Indian News, Policy, Regulation
Every direct selling entity shall establish a mechanism for filing of complaints by consumers through its offices or branches or direct sellers, either in person or through post, telephone, e-mail or website They should have a grievance redress officer to acknowledge...
by AIP Online Bureau | Dec 28, 2021 | Indian News, Life
The strategy drawn should be in line with LIC’s business strategy with the aim of organizational growth, sustainable competitive advantage, increased productivity of intermediaries, creating a unique as well as best value for customers, according to the EoI...
by AIP Online Bureau | Dec 28, 2021 | Indian News, Life
The company’s total assets under management (AUM) increased 38 per cent in H1 FY22 to Rs 51,704 crore from Rs 37,409 crore in H1 FY21 Mumbai: Tata AIA Life Insurance has reported a 23 per cent rise in its total premium income of Rs 5,255 crore for the first half...
by AIP Online Bureau | Dec 28, 2021 | Indian News, Reinsurance
Against a claim amount of Rs 2,559.10 crore due to these catastrophic events, the general insurers settled claims worth Rs 760.68 crore (27,576 claims), nearly 30 per cent the claims amount Claims worth Rs 1,705.52 crore are outstanding against a total of 3,428...
by AIP Online Bureau | Dec 28, 2021 | Banking & Bancassurance, Indian News, Life, Non-Life, Policy, Reinsurance
The new members are Usha Sangwan, former MD, Life Insurance Corporation representing the life segment, A.V. Girija Kumar, former CMD, Oriental Insurance Company(OIC), for non-life, Sujay Banarji, former member,(Distribution), for re-insurance or actuarial science New...
by AIP Online Bureau | Dec 28, 2021 | Indian News, Life
Term plans with auto-adjusting life cover, basis changing life-stages, to suit customer’s requirements Option to take cover against 64 critical illnesses Mumbai: ICICI Prudential Life Insurance has launched an innovative term insurance product ‘ICICI Pru iProtect...
by AIP Online Bureau | Dec 28, 2021 | Health, Indian News, Pandemic, Policy
“This (Covaxin) is the only vaccine with emergency use listing for the age-group 15-18,” the federal health ministry said on Monday An expert committee of India’s drug regulator recommended emergency use authorisation for Merck’s COVID-19 pill...
by AIP Online Bureau | Dec 28, 2021 | Climate, Environment, Renewable Energy, International News, Non-Life, Reinsurance
The new consortium has been developed by Chaucer, Markel, and Munich Re Syndicate Ltd (MRSL) and has a maximum working capacity of USD100m per project It is expected that Asia Pacific will continue to outperform other regions as a market for the investment and...
