by AIP Online Bureau | Dec 22, 2021 | Health, Indian News
As per the Annual Report 2020-21, the net incurred claims of the general insurers stood at Rs 1.12 lakh crore in 2020-21 as against Rs 1.08 lakh crore in 2019-20. The incurred claims exhibited an increase of 2.92 per cent during 2020-21 New Delhi: Net incurred claims...
by AIP Online Bureau | Dec 22, 2021 | Health, Indian News
Chief Minister said, “the welfare programs for the poor is the most important program of the state government. The first and second waves of COVID-19 created a challenge for us. This has had a profound effect on people’s economic and social lives. The poor...
by AIP Online Bureau | Dec 22, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic, Policy
“From January 1, 2022, any eligible person who has not taken both doses of Covid vaccine will not be permitted in malls, hotels, restaurants, marriage palaces, cinema halls, offices, banks or any such places which attracts crowds,” Vij said in the Haryana...
by AIP Online Bureau | Dec 22, 2021 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
While it’s unclear exactly how global warming is affecting the intensification of such storms, the UN’s climate change agency has found it is “likely that the frequency of rapid intensification events have increased over the past four decades”...
by AIP Online Bureau | Dec 22, 2021 | Eco/Invest/Demography, Facts
“The slow rate of growth can be attributed to decreased net international migration, decreased fertility, and increased mortality due in part to the COVID-19 pandemic,” the Census Bureau said on Tuesday The year 2021 is the first time since 1937 that the...
by AIP Online Bureau | Dec 22, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
AUM of Indian ESG funds is only a paltry 0.3 per cent of the over Rs 38.45 lakh crore mutual funds industry as of end-November 2021 and is only a negligible portion of the global fund pool of USD 35.4 trillion as of end 2020 Mumbai: Boosted by the pandemic, the ESG...
by AIP Online Bureau | Dec 22, 2021 | Eco/Invest/Demography, Indian News
Tata Motors President, Passenger Vehicle Business Unit, Shailesh Chandra said, “Looking ahead, we expect the demand for passenger ICE and electric vehicles to remain strong even as concerns about the supply of semiconductors and high input costs continue...
by AIP Online Bureau | Dec 22, 2021 | Banking & Bancassurance, Indian News, Non-Life, Policy, Reinsurance
However, the ministry of finance has not selected any body for the IPO bound Life Insurance Corporation(LIC) which has provisions for two independent directors New Delhi:The government has appointed independent directors on board of various public sector insurance...
by AIP Online Bureau | Dec 22, 2021 | Indian News, Regulation, Reinsurance
“By no stretch of imagination that the share premium amount be taken into account as part of the minimum paid up capital requirement of an insurance or reinsurance company either under the Insurance Act or the Companies Act,” D Varadarajan, a Supreme Court...
by AIP Online Bureau | Dec 22, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
It will however be an “active shareholder” in such companies by pushing them to make the transition to net zero emissions, and divest from them if it believes their business models are not sustainable, the deputy head of the central bank – which is...
