by AIP Online Bureau | Jun 9, 2020 | Disaster & Management, Eco/Invest/Demography, Facts, Health
New Delhi: India''s job market looks grim with just 5 per cent of companies planning to add more staff in the next three months as corporates gear up for the post-lockdown era with a wait-and-watch policy, a survey said on Tuesday. According to...
by AIP Online Bureau | Jun 9, 2020 | Eco/Invest/Demography, Facts
New Delhi: India's financial capital Mumbai has emerged as the most expensive city in the country for expatriates in terms of cost of living, a survey said on Tuesday. According to Mercer's '2020 Cost of Living Survey', Mumbai is the 60th...
by AIP Online Bureau | Jun 9, 2020 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Hyderabad: Finding fault with the ways the whole scheme of long-term package motor insurance products, three year for cars and five years for two-wheelers,are being implemented by the general insurers,since they were launched in Sep...
by AIP Online Bureau | Jun 9, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
Mumbai: The automobile sales may decline by up to 25 percent in this financial year as compared to 2019-20 due to a complete washout in April and minuscule sales last month, according to rating agency Ind-Ra. The decline (excluding in tractors) would be the...
by AIP Online Bureau | Jun 9, 2020 | Eco/Invest/Demography, Health, Indian News, Intermediaries
New Delhi: A record rise in COVID-19 cases in India for the seventh consecutive day has pushed the tally to over 2.6 lakh on Tuesday, with the daily nationwide spike in coronavirus cases inching close to 10,000. The rise in cases comes at a time...
by AIP Online Bureau | Jun 9, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Life
Mumbai: The life insurance industry,consisting of 24 players,continues to see large erosion of its monthly business performance due to the countrywide lockdown caused by the Covid -19 pandemic, as during the first two months of the fiscal 2020-21, till...
by AIP Online Bureau | Jun 9, 2020 | Eco/Invest/Demography, International News, Life
Oldwick: Amidst Covid-19 Pandemic, the U.S. life/annuity (L/A) industry posted a $23.1 billion net income loss in the first quarter of 2020, driven mainly by a 51% increase in expenses over the same prior-year period, according to report by AM Best . ...
by AIP Online Bureau | Jun 9, 2020 | Indian News, Non-Life, Risk Management, Technology
Mumbai: ICICI Lombard General Insurance, India’s largest non-life private insurance company has entered into a strategic tie-up with PhonePe flo launching industry-first domestic multi-trip insurance cover of Rs 5 lakh for an anuual premium of Rs...
by AIP Online Bureau | Jun 9, 2020 | Disaster & Management, Eco/Invest/Demography, Health, Indian News
Washington: India’s economy will shrink by 3.2 per cent in the current fiscal, the World Bank said on Monday as it joined a chorus of international agencies that are forecasting a contraction in growth rate due to the coronavirus lockdown halting economic...
by AIP Online Bureau | Jun 9, 2020 | Eco/Invest/Demography, International News, Non-Life
NEW YORK: New York based Insurtech major Lemonade, Inc. (“Lemonade”) today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to the proposed initial public offering of its...