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Global reinsurers’ profitability improve in H1, inflation and rate deceleration remain concern, Willis Re

by AIP Online Bureau | Aug 24, 2021 | International News, Non-Life, Pandemic, Reinsurance

  London, Aug 24 .Continued favourable pricing, particularly for commercial lines business, supported meaningful premium growth for the majority of the (re)insurers, said Willis Re’s Strategic & Financial Analytics Global (Re)insurance Flyer...

India working on developing Pan-Corona shot: Dr Renu Swarup

by AIP Online Bureau | Aug 24, 2021 | Eco/Invest/Demography, Health, Indian News, Pandemic

New Delhi: Dr Renu Swarup, Director of the Department of Biotechnology on Monday said that the Government Of India (GOI) is working on vaccines with the needed modification to fight against any strain of COVID-19 i.e Pan-Corona Vaccine. While speaking to ANI in an...

Pandemic threatens Asia-Pacific’s progress on global development goals, says ADB

by AIP Online Bureau | Aug 23, 2021 | Eco/Invest/Demography, Health, International News, Pandemic, Policy

Manila: The coronavirus pandemic may have pushed as many as 80 million people in developing Asia into extreme poverty last year, threatening to derail progress on global goals to tackle poverty and hunger by 2030, the Asian Development Bank (ADB) said on Tuesday....

India’s first smog tower inaugurated in Delhi

by AIP Online Bureau | Aug 23, 2021 | Climate, Environment, Renewable Energy, Health, Indian News

New Delhi: Chief Minister Arvind Kejriwal on Monday inaugurated the ''country's first smog tower'' at Connaught Place in Delhi, one of the most polluted cities in the world, and said it will prove to be a path-breaking milestone. Many such...

AXA Hong Kong and HSBC jointly launch Overseas StudySurance

by AIP Online Bureau | Aug 23, 2021 | Eco/Invest/Demography, International News

  HONG KONG SAR: With the increasing popularity of overseas study, AXA Hong Kong ("AXA") and HSBC launch a new insurance plan "Overseas StudySurance" to provide extensive care for students getting education abroad. With annual premium as low...

CCI slaps a penalty of Rs 200 cr against Maruti Suzuki India for its anti-competitive conduct

by AIP Online Bureau | Aug 23, 2021 | Eco/Invest/Demography, Indian News, Regulation, Risk Management

  New Delhi: The Competition Commission of India (CCI), on Monday, has  imposed a penalty of Rs 200 crore against Maruti Suzuki India Limited (MSIL) besides passing a cease-and-desist order for indulging in anti-competitive conduct of Resale...

HCL to transform Munich Re workplace services in 40 countries

by AIP Online Bureau | Aug 23, 2021 | International News, Non-Life, Reinsurance

New Delhi: Indian IT major HCL Technologies said on Monday it has signed a contract with Munich Re, one of the world's largest reinsurers, to create a next-generation digital workplace for its workforce. HCL will modernise and standardise workplace services for...

LIC launches campaign for policyholders to revive lapsed policies

by AIP Online Bureau | Aug 23, 2021 | Indian News, Life

Mumbai: To provide continued risk cover to its policyholders, state-run insurer Life Insurance Corporation of India (LIC) on Monday launched a special campaign for the revival of lapsed individual policies. Under the 'Special Revival Campaign', policies of...

COVID-19 third wave peak likely in October: NIDM report

by AIP Online Bureau | Aug 23, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy

  New Delhi, Aug 23: The National Institute of Disaster Management (NIDM), under the Ministry of Home Affairs, has warned of a third COVID-19 wave peak in October in its recent report to the Prime Minister's Office. The NIDM's report quoted the...

Passenger trains, stadiums, railway stations, airports in Rs 6 lakh cr monetisation plan

by AIP Online Bureau | Aug 23, 2021 | Eco/Invest/Demography, Indian News, Policy

New Delhi: Finance Minister Nirmala Sitharaman on Monday unveiled an ambitious Rs 6 lakh crore National Monetisation Pipeline (NMP) that included unlocking value by involving private companies across infrastructure sectors — from passenger trains and railway...
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