by AIP Online Bureau | Sep 23, 2020 | Health, International News, Life, Non-Life, Reinsurance
Pembroke, Bermuda: PartnerRe announced today that John Mok will join the Company in February 2021 as CEO, Life & Health Asia Pacific. As CEO of the Life & Health business in Asia Pacific, Mr. Mok will assume responsibility for further developing and...
by AIP Online Bureau | Sep 23, 2020 | Eco/Invest/Demography, Indian News, Workplace/Employee Benefits
New Delhi: Prime Minister Narendra Modi on Wednesday hailed the passage of key labour reform bills by Parliament, saying it will ensure well-being of workers and give a boost to economic growth. The new labour code universalises minimum wages, timely payment of...
by AIP Online Bureau | Sep 23, 2020 | Eco/Invest/Demography, Indian News, Pandemic
New Delhi: The Supreme Court on Wednesday asked the Centre to clarify by Friday the modalities of refund of air tickets to be made to the passengers and travel agents in view of cancellation of flights during the COVID-19 induced lockdown period. The top court...
by AIP Online Bureau | Sep 23, 2020 | Indian News, Non-Life
Mumbai: Reliance General Insurance, on Wednesday, has introduced first-of-its-kind offering, ‘Insurance Gift Card’, a smarter and never before opportunity of gifting ‘Insurance’. The product has been chosen as one of the few ideal...
by AIP Online Bureau | Sep 23, 2020 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Facts, Non-Life, Reinsurance
Zurich: Even as over half (55%) of global GDP, equal to USD 41.7 trillion is dependent on high-functioning biodiversity and ecosystem services. a staggering fifth of countries globally (20%) are at risk of their ecosystems collapsing...
by AIP Online Bureau | Sep 23, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Pandemic, Risk Management
Mumbai: IRM India, India Affiliate of Institute of Risk Management, UK, a leading professional body for Enterprise Risk Management, and National Institute of Micro, Small and Medium Enterprises (ni-msme), an organization of the Ministry of MSME, Govt. of India, have...
by AIP Online Bureau | Sep 23, 2020 | Eco/Invest/Demography, International News, Non-Life, Pandemic
LONDON Britain’s Financial Conduct Authority (FCA) on Tuesday proposed stopping insurers from charging existing car and home insurance customers more than new ones in the latest crackdown on an industry grappling with costly COVID-19 claims.One week after...
by AIP Online Bureau | Sep 23, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management
Mumbai: Mumbai received one of the highest showers in the last 24 hours of this monsoon season and more rainfall is likely in the city and suburbs on Wednesday, MeT officials said. Heavy showers overnight and early Wednesday morning caused waterlogging at many...
by AIP Online Bureau | Sep 23, 2020 | Eco/Invest/Demography, International News
NEWARK, Calif: Catastrophe risk company RMS estimates insured losses for the Western U.S. will be between US$4.0 and US$8.0 billion. These losses reflect estimates as of September 20, 2020, and further escalation in losses are likely as many fires are...
by AIP Online Bureau | Sep 22, 2020 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
New Delhi: India's COVID-19 caseload went past 56 lakh with 83,347 infections being reported in a day, while over 45 lakh people have recovered from the disease, according to the Union Health Ministry data updated on Wednesday. The national recovery rate...