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KKR to buy 10% stake in Shriram General Insurance ahead of IPO

by AIP Online Bureau | Dec 16, 2021 | Indian News, Non-Life, Wealth Management/ Philanthropy

The Chennai-based Shriram Group is selling the stake in Shriram General Insurance Co. ahead of a potential initial public offering that could take place as soon as 2022.The deal may be announced as early as next week, sources said Mumbai: KKR & Co. is nearing a...

ICICI Pru Life Insurance signs the UN Principles of Responsible Investing

by AIP Online Bureau | Dec 16, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Life

Manish Kumar, Chief Investment Officer, ICICI Prudential Life Insurance said, “As part of our commitment towards promoting sustainable investing we recently launched the ‘Sustainable Equity Fund’, an ESG-focused fund, and in the process became the first life insurance...

San Francisco to require sick leave for nannies, gardeners

by AIP Online Bureau | Dec 16, 2021 | Facts, Health, Workplace/Employee Benefits

An employer would pay one hour of wages into the sick leave fund for every 30 hours of service from a domestic worker The measure would affect 10,000 people in the city who work in private homes cleaning, cooking, tending children, garden or providing non-medical care...

Insurance industry joins initiative for decarbonising global shipping

by AIP Online Bureau | Dec 16, 2021 | Intermediaries, International News, Non-Life, Reinsurance, Risk Management

“The disclosure framework provided by the Poseidon Principles will enable us to credibly report our progress towards net-zero insurance using granular marine data,” Patrizia Kern, marine head at Swiss Re Corporate Solutions, said in a statement Other...

Omicron thrives in airways, not lungs; new data on asymptomatic cases

by AIP Online Bureau | Dec 16, 2021 | Facts, Health, Non-Life, Pandemic, Workplace/Employee Benefits

“By infecting many more people, a very infectious virus may cause more severe disease and death even though the virus itself may be less pathogenic. Therefore, taken together with our recent studies showing that the Omicron variant can partially escape immunity...

Ayush Ministry’s recommendation on ‘holistic health’ for Covid, long Covid

by AIP Online Bureau | Dec 16, 2021 | Facts, Pandemic

“COVID-19 is an evolving disease, characterised by the development of sequelae to the primary disease known as post-Covid syndrome and long COVID-19. It has been observed that patients recovering from SARS-CoV-2 suffer from persistent and often, debilitating...

India’s Population Puzzle

by AIP Online Bureau | Dec 16, 2021 | Articles, Eco/Invest/Demography, Policy

While India will be a young country for decades yet, it is aging faster than expected.The latest round of India’s massive National Family Health Survey underscores the point. Mihir Sharma By the middle of this century, India will have 1.6 billion people. That’s when...

IMF warns of interest rate risks as global debt hits $226 trillion

by AIP Online Bureau | Dec 15, 2021 | Eco/Invest/Demography, International News, Pandemic, Policy

Government borrowing accounted for slightly over half of the $28 trillion increase, but private debt among non-financial corporations and households also hit new highs. Global debt surged to $226 trillion last year, its biggest one-year jump since World War Two, and...

Future of Digital Payments in India

by AIP Online Bureau | Dec 15, 2021 | Articles, Eco/Invest/Demography, Regulation, Technology

According to RBI, ‘while the guidelines will be technology and platform agnostic, it will create an enhanced and enabling environment for customers to use digital payment products in a more safe and secure manner.’ The digital payments growth in India has...
Health facility registry & health account will together create interoperable system: NHA CEO

Health facility registry & health account will together create interoperable system: NHA CEO

by AIP Online Bureau | Dec 15, 2021 | Health, Indian News

R S Sharma,CEO ,National Health Authority ‘Similarly, we are going to have the health professionals registry, which means the registry of the doctors and all the health workers of various categories. So that will help people in locating the nearest doctor....
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