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Working more than 10 hours can increase risk of stroke

by AIP Online Bureau | Jun 21, 2019 | Facts, Health, Workplace/Employee Benefits

  WASHINGTON D.C. [USA]: Are you among those who clock in more than 10 hours at work? Take note! people who work long hours have an increased risk of stroke, especially if they work those hours for 10 years or more, finds a recent study.  The study published...

New scheme to provide social security pension to farmers

by AIP Online Bureau | Jun 21, 2019 | Eco/Invest/Demography, Indian News, Pension & Social Security

  NEW DELHI: The government has evolved a new scheme to provide social security pension of Rs 3,000 per month to farmers above the age of 60 years, the Rajya Sabha was informed Friday.  Agriculture Minister Narendra Singh Tomar said the government has...

Govt may raise income-tax threshold in Budget to revive economy

by AIP Online Bureau | Jun 21, 2019 | Eco/Invest/Demography, Indian News, Life, Non-Life

  New Delhi: The Centre is considering increasing the personal income tax threshold in next month’s budget, according to people familiar with the matter, as authorities seek to kickstart consumption in the economy.   Finance Minister Nirmala Sitharaman...

US approves, then cancels, Iran strikes after drone shot down: Report

by AIP Online Bureau | Jun 21, 2019 | Eco/Invest/Demography, International News, Risk Management

  Donald Trump approved but then scrapped strikes against Iranian targets on Thursday, The New York Times reported, after Iran shot down a US drone in what the president termed a "big mistake."    The US was planning to hit "a handful of...

Climate change threatens Himalayan glaciers

by AIP Online Bureau | Jun 20, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

Himalayan glaciers have been melting twice as fast since the start of this century, underscoring the threat the climate crisis poses to water supplies for hundreds of millions of people across Asia.   Scientists have long been trying to establish how quickly...

10 foreign reinsurers record an Indian premium of  Rs 9500 crore, up 50 %,in FY 2018-19

by AIP Online Bureau | Jun 20, 2019 | Indian News, Non-Life, Reinsurance

Mumbai: Despite not having a level playing field, some of the overseas multinational reinsurers, who are having branch operations in the country, have grown their business aggressively in 2018-19, which is these reinsurers’ second year of full operations.  ...

India plans to exempt electric vehicles from registration fee

by AIP Online Bureau | Jun 19, 2019 | Eco/Invest/Demography, Indian News, Non-Life

  NEW DELHI: India has issued draft rules to exempt electric vehicles from paying registration fee, the government said in a statement on Wednesday, as it looks to cut its dependence on fossil fuels.   The government has been pushing to boost the adoption of...

Wall Street takes on long-term care payouts as insurers balk at costs

by AIP Online Bureau | Jun 19, 2019 | Health, International News

  NEW YORK: Some U.S. insurers are turning to Wall Street’s financial wizards for relief from the liabilities of their long-term care (LTC) policies, posing a challenge for regulators worried about how new industry players will tackle the risks involved....

Strong quake strikes northwest Japan, triggers small tsunami, power cuts

by AIP Online Bureau | Jun 19, 2019 | Disaster & Management, Eco/Invest/Demography, International News

TOKYO:  A strong and shallow earthquake struck Japan’s northwest coast around Niigata prefecture on Tuesday, triggering a small tsunami, shaking buildings and cutting power to around 9,000 buildings.   The magnitude 6.4 quake, according to the U.S....

Saudi insurers Walaa, Metlife AIG ANB consider merger

by AIP Online Bureau | Jun 19, 2019 | Eco/Invest/Demography, International News

DUBAI: MetLife AIG ANB Cooperative Insurance Co said on Tuesday it had signed a non-binding memorandum of understanding with bigger rival Walaa Cooperative Insurance Co to evaluate a potential merger between the two companies.   Metlife AIG ANB said it has...
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