by AIP Online Bureau | Dec 8, 2019 | Eco/Invest/Demography, Indian News, Life
Mumbai: Life Insurance Council, announced the launch of Indian insurance industry’s first joint awareness campaign titled “Sabse Pehle Life Insurance”, stressing upon the need for life insurance. The Rs 100 crore campaign, where Rs 40 crore...
by AIP Online Bureau | Dec 8, 2019 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News
. Chicago: Aon plc’s monthly Global Catastrophe Recap report reveals that flooding and inland storms led to multi-billion-dollar economic loss in western and southern Europe during the month. Italy suffered the majority of losses as an active stretch of...
by AIP Online Bureau | Dec 8, 2019 | Eco/Invest/Demography, Indian News, Risk Management
New Delhi: Forty three people were killed on Sunday after a fire broke out in north Delhi’s Anaj Mandi on Rani Jhansi road at 5:22 am. A massive fire swept through a factory in Anaj Mandi area of north Delhi on Sunday morning, leaving 43 labourers...
by AIP Online Bureau | Dec 8, 2019 | Eco/Invest/Demography, Indian News
New Delhi: Reversing their buying trend, foreign portfolio investors (FPI) turned net sellers in December with a net outflow of Rs 244 crore from the capital markets amid subdued economic data. According to the depositories data, foreign investors pulled out a...
by AIP Online Bureau | Dec 7, 2019 | Blog, Eco/Invest/Demography, Technology, Trends, Facts
Robots have replaced thousands of routine jobs on Wall Street. Now, they’re coming for higher-ups. That’s the contention of Marcos Lopez de Prado, a Cornell University professor and the former head of machine learning at AQR Capital...
by AIP Online Bureau | Dec 7, 2019 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Pension & Social Security
NEW DELHI: Postmen and grameen dak sevaks might soon be able to sell insurance policies, with regulator Irdai issuing guidelines wherein such people have to be sponsored by the India Post Payments Bank (IPPB). The IPPB, which is a corporate agent, can seek...
by AIP Online Bureau | Dec 7, 2019 | Eco/Invest/Demography, Indian News
New Delhi: Finance Minister Nirmala Sitharaman on Saturday said the government is working on more steps, including rationalisation of personal income tax rates, to revive the sagging economy. The GDP growth slowed down to more than six-year...
by AIP Online Bureau | Dec 7, 2019 | Eco/Invest/Demography, Indian News, Workplace/Employee Benefits
NEW DELHI: The government has no menopause policy for women employees in government and private sectors, Union Women and Child Development Minister Smriti Irani said in Lok Sabha on Friday. The minister said before taking any decision on the issue of formulation of...
by AIP Online Bureau | Dec 7, 2019 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance
California on Thursday ordered a one-year halt on insurance companies dropping customers in wildfire-prone areas at a time when state insurers are trying to limit spiraling costs from climate change. The moratorium, the first of its kind in the state, affects...
by AIP Online Bureau | Dec 7, 2019 | Articles, Eco/Invest/Demography, Health, Life, Non-Life, Regulation, Reinsurance
As insurance industry growth remains stagnant for another year due to low interest rates, the shifts in consumer demographics around the world coupled with heightened expectations for digital experiences present insurers with risks and opportunities. The EY...
