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Earth’s average temperature for 2025-29 likely to exceed 1.5 deg C limit: WMO

by AIP Online Bureau | May 28, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

The report also said there is a 70 per cent chance that the average temperature for the entire five-year period will be more than 1.5 degrees higher than the 1850-1900 average. There is a 70 per cent chance that the average global temperature for the 2025-2029 period...
LIC shares jump nearly 9 pc post Q4 earnings

LIC shares jump nearly 9 pc post Q4 earnings

by AIP Online Bureau | May 28, 2025 | Eco/Invest/Demography, Indian News, Life

LIC on Tuesday posted a 38 per cent increase in net profit to Rs 19,013 crore in the fourth quarter ended March 2025 helped by lower expenses. New Delhi: Shares of state-owned insurer Life Insurance Corporation of India (LIC) on Wednesday surged nearly 9 per cent...
Promoting Mental Wellbeing: Investing in APAC Youths

Promoting Mental Wellbeing: Investing in APAC Youths

by AIP Online Bureau | May 27, 2025 | Articles, Eco/Invest/Demography, Health, Non-Life, Policy, Workplace/Employee Benefits

Research shows that approximately half of all mental health conditions emerge by age 14, with 75% developing in the following decade. Among adolescents, mental health conditions now account for 15% of the global health conditions — a ratio significantly intensified by...
Boeing’s agreement with US Justice Department to avoid criminal charges for 2 fatal crashes of its 737 Max jets

Boeing’s agreement with US Justice Department to avoid criminal charges for 2 fatal crashes of its 737 Max jets

by AIP Online Bureau | May 27, 2025 | International News, Non-Life, Reinsurance

The tentative agreement would allow require Boeing to contribute $444.5 million to a fund for families of victims killed in the crashes of Lion Air Flight 610 in October 2018 and Ethiopian Airlines Flight 302 in March 2019, according to the filing. Boeing also would...

Global warming could be making cancer among women more common

by AIP Online Bureau | May 27, 2025 | Data, Eco/Invest/Demography, Health

A study published in the journal Frontiers in Public Health, suggests that an increase in temperature is probably a risk factor for breast, ovarian, uterine, and cervical cancers. Thanks to global warming, we are now facing adverse climatic conditions across the...

Deadline to file income tax returns extended till September 15

by AIP Online Bureau | May 27, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation

“To facilitate a smooth and convenient filing experience for taxpayers, it has been decided that the due date for filing of ITRs, originally due on July 31, 2025, is extended to September 15, 2025,” the Central Board of Direct Taxes (CBDT) said in a statement on...
LIC net profit rises 38 % to Rs19,013 crore in Q4FY25, health insurance venture in next 2/3 months, says CEO

LIC net profit rises 38 % to Rs19,013 crore in Q4FY25, health insurance venture in next 2/3 months, says CEO

by AIP Online Bureau | May 27, 2025 | Health, Indian News, Life, Regulation

Siddhartha Mohanty, CEO & M D, Life Insurance Corporation On the proposed health insurance joint venture, Siddhartha Mohanty, CEO & M D, LIC, said, “ We are yet to finalise our plans to foray in to health insurance. The proposal has to be taken to the board,...
Indian insurance market expands by 10.6% to $145 billion in 2024, Allianz report

Indian insurance market expands by 10.6% to $145 billion in 2024, Allianz report

by AIP Online Bureau | May 27, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Reinsurance

While China (+7.8% p.a.) will continue to dominate the region in absolute terms, the real growth champion over the next decade is likely to be India (+10.5% p.a.) Mumbai: With a total premium income of USD 145 billion in 2024 , the Indian insurance market has showed...
Maritime Safety: New risks and challenges for Shipping Industry

Maritime Safety: New risks and challenges for Shipping Industry

by AIP Online Bureau | May 27, 2025 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management

“Although recent sanctions are making it harder for these vessels to trade, the shadow fleet continues to pose a serious risk to maritime safety and the environment, as many are likely to be older vessels that are poorly maintained and inadequately insured. In case of...

SBI Life Insurance Vidyaniti buy 4.25 pc unit-holding in NHIT for Rs 1100 cr

by AIP Online Bureau | May 26, 2025 | Eco/Invest/Demography, Indian News, Life

According to the block deal data available on the NSE, SBI Life Insurance Company picked up more than 3.74 crore units or 1.93 per cent holding in NHIT New Delhi: SBI Life Insurance and Vidyaniti LLP on Monday bought a 4.25 per cent unit-holding in National Highways...
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