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LIC earns Rs14,000 cr of profit from equity investment till Nov15, improves market share

by AIP Online Bureau | Nov 30, 2019 | Eco/Invest/Demography, Indian News, Life

  Mumbai: The domestic economy currently may be slowing down but it is now good time for the life insurance behemoth Life Insurance Corporation(LIC)    While recovering some of its lost market share in terms of premium and policies, state...

Minimal Exposure to Air Pollution Also Leads to Hospitalisation: Study

by AIP Online Bureau | Nov 30, 2019 | Eco/Invest/Demography, Facts, Health

Health related problems linked to air pollution could be far higher than previously thought, as researchers have found that short-term exposure to fine particulate matter in the air (known as PM2.5) is associated with several newly identified causes of hospital...

MS Amlin unveils new operating model and sr leadership team

by AIP Online Bureau | Nov 29, 2019 | International News, Non-Life, Reinsurance, Risk Management

  London: In a bid to enhance strategic and operational oversight,MS Amlin, the London-based re/insurer, announced a new operating model and senior leadership team in response to the recent decision by its parent company, MS&AD, to reorganize its...

India’s economic growth slows, pressure on Modi to speed up reforms

by AIP Online Bureau | Nov 29, 2019 | Eco/Invest/Demography, Indian News

  NEW DELHI:  India’s annual economic growth slowed to 4.5% in the July-September quarter, its weakest pace since 2013, putting pressure on Prime Minister Narendra Modi to speed up reforms as five rate cuts by the central bank have failed to boost...

Extreme weather in Greece brought $1.1 Billion in crop damages since 2011

by AIP Online Bureau | Nov 29, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

In the hills of northern Greece, peach farmer Makis Antoniadis is sweating in unseasonably warm November weather as he toils with his most recent harvest. It might be one of his last.   Already grappling with the effects of climate change, Antoniadis and fellow...

Life insurers get more time for launching new products

by AIP Online Bureau | Nov 29, 2019 | Eco/Invest/Demography, Indian News, Life

Hyderabad:  Providing last minute relief to the life insurers, the insurance regulator IRDAI on Friday has extended the deadline for them for launching their modified products by two months from Dec 1, 2019 to Feb 1, 2020.   In July, in a bid to make...

At 17.5 million, Indian diaspora largest in the world: UN report

by AIP Online Bureau | Nov 28, 2019 | Eco/Invest/Demography, Facts

  New York: India continues to be the largest country of origin of international migrants with a 17.5 million-strong diaspora across the world, and it received the highest remittance of USD 78.6 billion from Indians living abroad, the UN migration agency said....

Parliament clears chit fund Bill: Monetary limits, commissions to go up

by AIP Online Bureau | Nov 28, 2019 | Eco/Invest/Demography, Indian News, Intermediaries

  New Delhi: Parliament on Thursday passed a bill which seeks to raise the monetary limits for chit funds and commission for foreman.   The Chit Funds (Amendment) Bill, 2019 was passed by voice vote in Rajya Sabha. The bill got Lok Sabha's nod on...

Nuclear plants in country safe: Government

by AIP Online Bureau | Nov 28, 2019 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

  NEW DELHI: The government on Thursday assured the Rajya Sabha that nuclear plants in the country are absolutely safe and steps have been taken to ensure their safety after a "malware infection" was reported in the administrative network of the...

Now, IRDA wants a “catchy name’ for its Rs 1,00,000-Rs5,00,000 standard health policy 

by AIP Online Bureau | Nov 27, 2019 | Health, Indian News, Non-Life, Regulation

  Hyderabad:  The insurnace regulator IRDAI has hinted that the proposed mandatory standard indemnity health insurace policy would have a sum assured  ranging from Rs 1,00,000 to Rs 5,00,000 on individual as well as family floater basis, The objective...
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