by AIP Online Bureau | Jul 11, 2025 | Eco/Invest/Demography, Indian News, Policy
Overall, the CWC has flagged flood concerns in 20 locations, primarily in Assam, Bihar, Odisha, Uttar Pradesh, and West Bengal. New Delhi: Twenty river sites across India remain under flood risk, with one location in Assam and two in Bihar experiencing severe flood...
by AIP Online Bureau | Jul 11, 2025 | Eco/Invest/Demography, International News, Policy
The Commission proposed lowering the Group of Seven (G7) nations’ price cap from $60 a barrel to $45 barrel in June in its 18th package of sanctions against Russia for its invasion of Ukraine. The G7 price cap, aimed at curbing Russia’s ability to finance the war in...
by AIP Online Bureau | Jul 11, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Shipowners now have to pay about 1% of a ship’s value if they want to pass through the Red Sea, said Marcus Baker, global head of marine cargo and logistics at Marsh McLennan, the world’s largest insurance broker. That’s up from 0.2% to 0.3% in recent months, a period...
by AIP Online Bureau | Jul 11, 2025 | Climate, Environment, Renewable Energy, Indian News, Technology
“Diesel trucks, though constituting only 3 per cent of the total vehicle population, contribute to 42 per cent of transport-related greenhouse gas emissions and significantly worsen air pollution. This pioneering scheme represents India’s first dedicated...
by AIP Online Bureau | Jul 11, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life
The BSE Insurance Index is derived from the constituents of BSE 1000 Index that are classified under the insurance industry.This new index can be used for running passive strategies such as ETFs and Index Funds as well as gauging the performance of various sectors in...
by AIP Online Bureau | Jul 10, 2025 | Indian News, Non-Life, Regulation
In the absence of a regular chairman after Debasish Panda ended his three-year term in March ,PK Arora, member, Actuary, IRDAI, will chair the IRDAI board meeting New Delhi/Hyderabad: Insurance regulator IRDAI will have its next board meet on 14th July and...
by AIP Online Bureau | Jul 10, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
“Climate-related risks are an immediate concern for financial stability and economic growth,” Stracca and Bundesbank board member Sabine Mauderer said in a blog published by the ECB Extreme weather events such as heatwaves, flooding and wildfires could wipe as much...
by AIP Online Bureau | Jul 10, 2025 | Indian News, Non-Life, Policy, Reinsurance
Farmers can register through banks, common service centers, or the official portal www.pmfby.gov.in. For help with registration, claims, or documentation, they can contact the Crop Insurance Helpline at 14447 Lucknow: To protect against potential risks this kharif...
by AIP Online Bureau | Jul 10, 2025 | Health, Indian News, Non-Life, Policy
“Strict supervision” of the National Health Claims Exchange – the platform that acts as a gateway between insurers, healthcare providers and patients – will improve the “collective bargaining power” of insurance companies to set...
by AIP Online Bureau | Jul 10, 2025 | Eco/Invest/Demography, Indian News, Life
The quantum of stake sale, price and timing would be decided in due course, the source added. The government needs to offload another 6.5 per cent stake in the public sector life insurer to meet the mandated 10 per cent public shareholding requirement by May 16, 2027....
