by AIP Online Bureau | Aug 11, 2025 | International News, Reinsurance, Risk Management, Workplace/Employee Benefits
The sexual molestation liability (SML) product will also cover related legal costs and damages or settlements resulting from claims made during the policy term. In addition, SML clients will benefit from the services of global specialist risk consultancy, Control...
by AIP Online Bureau | Aug 11, 2025 | Climate, Environment, Renewable Energy, International News, Risk Management, Technology
The “massive and unforeseen” presence of jellyfish in the filter drums of pumping stations closed four out of six reactors at Gravelines on the north coast of France, EDF said in a statement on Monday. Pumping stations for coastal nuclear plants usually draw in sea...
by AIP Online Bureau | Aug 11, 2025 | Intermediaries, International News, Risk Management, Technology
The airline said the “significant growth” in customers using power banks in recent years has led to a rising number of lithium battery-related incidents during flight across the industry. Emirates will ban the use of power banks aboard its flights and only allow...
by AIP Online Bureau | Aug 11, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology
The law, approved by Nigeria’s President Bola Tinubu, which makes insurance for property and other assets mandatory. encourages digitization and the creation of dedicated policyholder protection funds, is expected to transform the insurance industry in Africa’s most...
by AIP Online Bureau | Aug 11, 2025 | Eco/Invest/Demography, Indian News
Of the 36 states and union territories for which the IMD provides figures, 25 are in the “normal” category (within 19 per cent of the long-period average), five are “deficient” (20 to 59 per cent below normal), five are in the...
by AIP Online Bureau | Aug 11, 2025 | Eco/Invest/Demography, Indian News, Risk Management
Lenders are asking borrowers more pointed questions when vetting new export financing proposals or renewals of such funding, the people said. They added that some export orders are being put on hold while trade negotiations play out between New Delhi and Washington...
by AIP Online Bureau | Aug 11, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Retail participation saw growth, with total mutual fund folios rising to 24.57 crore in July from 24.13 crore in June. New Delhi: Equity-oriented mutual funds saw net inflows of Rs 42,702 crore in the month of July, up 81 per cent from Rs 23,587 crore in June, the...
by AIP Online Bureau | Aug 11, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy
Nirmala Sitharaman,Union Finance Minister UPS has been introduced through a notification by the government on January 24, 2025, as an option under NPS, she said. Under UPS, she said, assured payout is admissible on retirement at 50 per cent of the twelve-month...
by AIP Online Bureau | Aug 11, 2025 | Health, Indian News, Non-Life, Policy
“Suitable actions including de-empanelment of 1,114 hospitals, levying penalty worth Rs 122 crore on 1,504 errant hospitals and suspension of 549 hospitals have been taken against fraudulent entities as reported by the states and UTs,” Minister of State...
by AIP Online Bureau | Aug 10, 2025 | Data, Eco/Invest/Demography, Risk Management, Wealth Management/ Philanthropy
With this, the total outflow by Foreign Portfolio Investors (FPIs) in equities has reached Rs 1.13 lakh crore so far in 2025, according to data from the depositories. New Delhi: Foreign investors have pulled out nearly Rs 18,000 crore from Indian equities so far this...
