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WHO panel outlines recommendations for Covid-19 booster shots

by AIP Online Bureau | Dec 9, 2021 | Facts, Health, Pandemic, Workplace/Employee Benefits

The World Health Organization’s (WHO) vaccine advisory panel recommends that people who are immunocompromised or received an inactivated vaccine should receive a booster dose of a COVID-19 shot, it said on Thursday. Many countries have been rolling out booster...

Kotak General Insurance partners Vasai Vikas Sahakari Bank to offer insurance solutions

by AIP Online Bureau | Dec 9, 2021 | Briefs

Kotak Mahindra General Insurance Company Limited (Kotak General Insurance) and Vasai Vikas Sahakari Bank Ltd. (Scheduled Bank) today announced a strategic alliance to provide the bank’s customers access to a range of insurance solutions. Under this agreement, Vasai...

ICICI Lombard-MedPay Connected Care Network for cashless OPD service

by AIP Online Bureau | Dec 9, 2021 | Briefs

ICICI Lombard policyholders can now avail cashless OPD solutions at their neighborhood clinic, pharmacy or diagnostic centre through MedPay’s Connected Care Network (Medpay CCN).Additionally, through this partnership, stand-alone pharmacies will also be a part of the...

Paytm Payments Bank receives Scheduled Bank status from RBI

by AIP Online Bureau | Dec 9, 2021 | Briefs

Paytm Payments Bank Limited today announced that it has been included in the Second Schedule to the Reserve Bank of India Act, 1934. Being a Scheduled Payments Bank, Paytm Payments Bank can now explore new business opportunities. The bank can participate in government...

AM Best Maintains Negative Outlook on China’s Non-Life Insurance Industry

by AIP Online Bureau | Dec 9, 2021 | International News, Non-Life, Reinsurance

Motor insurance, which accounted for 63% of non-life direct premiums in 2019, decreased significantly to 54% as of September 2021. With the combined impact of the economic fallout from the COVID-19 pandemic during the first half of 2020, and the implementation of the...

AM Best Maintains Stable Outlook on Global Reinsurance Industry

by AIP Online Bureau | Dec 9, 2021 | International News, Non-Life, Reinsurance

“Unfavorable loss cost trends and high catastrophe activity continue to dampen returns on capital, which should keep the industry focused on the need to push for more rate increases,” said Greg Dickerson, associate director AM Best has maintained its market segment...

Federal Bank and Star Health Insurance tie up for bancassurance

by AIP Online Bureau | Dec 9, 2021 | Briefs

Federal Bank has joined hands with India’s first standalone health insurance Company, Star Health and Allied Insurance Co Ltd as a corporate agent to provide a wide range of innovative health insurance products for the Bank’s 8.90 million customers spread over 1,291...

Over 93% of villages in country have mobile broadband coverage: Chauhan

by AIP Online Bureau | Dec 9, 2021 | Data, Eco/Invest/Demography, Technology

“As per data provided by TSPs (telecom service providers) and field units of Department of Telecommunications as on December 2020, it is estimated that out of 5,97,618 inhabited census villages (as per Census 2011) in the country, a total number of 5,58,537...

New Zealand plans lifetime ban on cigarette sales to stamp out smoking

by AIP Online Bureau | Dec 9, 2021 | Eco/Invest/Demography, Facts, Health, Non-Life, Policy, Workplace/Employee Benefits

That would make New Zealand’s retail tobacco industry one of the most restricted in the world, just behind Bhutan where cigarette sales are banned outright. New Zealand’s neighbour Australia was the first country in the world to mandate plain packaging of...

Few Europeans want a return to 9-5 at office after pandemic, survey shows

by AIP Online Bureau | Dec 9, 2021 | Eco/Invest/Demography, Facts, Health, Pandemic, Technology, Workplace/Employee Benefits

“We are likely to see tech stepping in to monitor our mental health and happiness as much as our physical health, with smart devices becoming our wellbeing assistants,” said Meik Wiking, chief executive of Denmark’s Happiness Research Institute,...
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