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First year premium of life insurers down by 5.6 per cent to Rs 12,977 crore in May

by AIP Online Bureau | Jun 10, 2021 | Indian News, Life

NEW DELHI: New premium income of life insurance companies declined by 5.6 per cent to Rs 12,976.99 crore in May this year, according to the Irdai data. As many as 24 life insurance companies in the country had a collective new business premium of Rs 13,739 crore in...

Post Covid-19 Auckland tops the Economist’s Global Liveability Ranking; 8 Asia-Pacific cities make The Top 10

by AIP Online Bureau | Jun 10, 2021 | Eco/Invest/Demography, Facts, Health, Life, Non-Life

  The 2021 edition of The Economist Intelligence Unit’s (The EIU) Global Liveability Ranking finds that Auckland is the most liveable city in the world. There is a strong contingent of cities in the APAC region at the top of the rankings, with Osaka,...

Gmail blocks more than 100 million phishing attempts daily, says Google

by AIP Online Bureau | Jun 10, 2021 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology

  Google has said that every day, Gmail blocks more than 100 million phishing attempts and Google Play Protect scans over 100 billion apps for malware and other issues, as cyber attacks by nation-states and criminals are increasingly becoming brazen and...

Gangrene, hearing loss point to Delta variant of Covid-19 being more severe

by AIP Online Bureau | Jun 9, 2021 | Health, Indian News, Non-Life, Pandemic

  The coronavirus variant that drove India’s devastating Covid-19 epidemic is the most infectious to emerge so far. Doctors now want to know if it’s also more severe. Hearing impairment, severe gastric upsets and blood clots leading to gangrene,...

Defying body clock associated with depression, lower wellbeing: Study

by AIP Online Bureau | Jun 9, 2021 | Facts, Health

People whose sleep pattern goes against their natural body clock are more likely to have depression and lower levels of wellbeing, according to a new study. The research, led by the University of Exeter, was published in the journal 'Molecular Psychiatry'. The...

EU cautions against rushing into bloc-wide pandemic insurance

by AIP Online Bureau | Jun 9, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

  The European Union's executive body urged caution on Tuesday in the face of calls for a public-private scheme for insuring companies against economic lockdowns in future pandemics. "This is a very complex debate and needs time to mature," John...

Kumar gets 9-month extension as LIC chairman

by AIP Online Bureau | Jun 9, 2021 | Indian News, Life, Policy

New Delhi: MR Kumar,chairman, Life Insurance Corporation(LIC) has been given an extension of nine months by the central government on Wednesday. Kumar was scheduled to retire this month end after reaching 60. “The Appointments Committee of the Cabinet today has...

Govt allocates Rs 40,700 cr for waste management in 2 lakh villages under Swacch Bharat Mission

by AIP Online Bureau | Jun 8, 2021 | Eco/Invest/Demography, Health, Indian News

  New Delhi: Over Rs 40,700 crore have been allocated to help over two lakh villages achieve solid and liquid waste management (SLWM) under the Swacch Bharat Mission (Grameen), the Jal Shakti Ministry said on Tuesday. While the Centre will spend around Rs 14,000...

Govt sets maximum price of vaccines for private hospitals: Covishield Rs 780 a dose, Covaxin Rs 1410

by AIP Online Bureau | Jun 8, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  New Delhi: The government on Tuesday set the maximum price private hospitals can charge for the three COVID-19 vaccines currently available in the country — Covishield Rs 780 per dose, Covaxin Rs 1,410 and Sputnik V Rs 1,145. In a letter to all states and...

General Insurance industry likely to grow cautiously in FY2022; underwriting losses set to rise : ICRA

by AIP Online Bureau | Jun 8, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

Mumbai: The General Insurance (GI) industry had seen a slowdown in the growth of 14% in FY2019 after two year of steady growth, in FY2017 and FY2018.  In CY2020, India had witnessed the onset of a Covid-19 pandemic, which resulted in a nationwide lockdown for 2...
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