by AIP Online Bureau | Jul 22, 2021 | Indian News, Life, Non-Life
Mumbai: The Governing Body of Insurance Council (GBIC) has recommended names, including insurers and other technocrats,for filling up posts of nine Insurance Ombudsmen, located in different parts , mostly capital cities of states, of the country. They have been...
by AIP Online Bureau | Jul 22, 2021 | Eco/Invest/Demography, Indian News, Policy, Risk Management
Washington: India "remains a challenging place" to do business, the US has said, urging it to foster an attractive and reliable investment climate by reducing barriers to investment and minimising the bureaucratic hurdles. The State Department, in a...
by AIP Online Bureau | Jul 22, 2021 | Indian News, Intermediaries, Technology
New Delhi: The Softbank-backed Insurance aggregator turned broker Policybazzar is planning to raise Rs 6,500 crore via an initial public offering (IPO), . PB Fintech, the parent company of Policybazaar in a regulatory filing approved a resolution to raise...
by AIP Online Bureau | Jul 22, 2021 | Eco/Invest/Demography, Facts, Health, Pandemic, Workplace/Employee Benefits
As the pandemic rages in Asia, offices are making a comeback. More companies based in the region expect they will need to increase office space in the near future, according to a survey conducted by CBRE Group Inc. The study found that 66 per cent of Asia-based...
by AIP Online Bureau | Jul 22, 2021 | International News, Non-Life, Technology
Dubai: Saudi Arabia's state oil giant acknowledged Wednesday that leaked data from the company – files now apparently being used in a cyber-extortion attempt involving a USD 50 million ransom demand – likely came from one of its contractors. The...
by AIP Online Bureau | Jul 22, 2021 | Indian News, Non-Life, Reinsurance
Mumbai: A 31 per cent growth in the health segment, driven by the pandemic, has boosted the gross premium collection for the non-life insurance industry by 13.8 per cent to Rs 44,436 crore over in the June quarter over the same period last year, a report said on...
by AIP Online Bureau | Jul 21, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Deadly floods that have upended life in both China and Germany have sent a stark reminder that climate change is making weather more extreme across the globe. At least 25 people in the central Chinese province of Henan died on Tuesday, including a dozen trapped in a...
by AIP Online Bureau | Jul 21, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
New Delhi: India reported on Thursday 41,383 new coronavirus infections in the last 24 hours, while daily deaths rose by 507, health ministry data showed. The country's tally of infections now stands at 31.26 million, with the death toll at 418,987, according to...
by AIP Online Bureau | Jul 21, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic
Unitednations/Geneva: The prevalence of the highly transmissible Delta variant of COVID-19 among specimens sequenced over the past four weeks exceeded 75 percent in many countries worldwide, including India, China, Russia, Israel, and the UK, the WHO has said. In the...
by AIP Online Bureau | Jul 21, 2021 | Eco/Invest/Demography, International News
Surfside: Victims and families who suffered losses in the collapse of a 12-story oceanfront Florida condominium will get a minimum of USD 150 million in compensation initially, a judge said. That sum includes about USD 50 million in insurance on the Champlain...
