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Higher Incidences of renal disorders among  Millennials: SBI Gen Study

by AIP Online Bureau | Mar 19, 2019 | Eco/Invest/Demography, Health, Indian News

  Mumbai: While heart attacks and neurological disorders continue to be the top life-threatening ailments across the country, kidney related disorders are on the prowl and on a steady rise, particularly amongst the millennials, reveals a study conducted by SBI...

Bengaluru, Chennai, Delhi among world’s cheapest cities to live in: Report

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

Move over Singapore — the world's most expensive city has two new rivals.   After topping the Economist Intelligence Unit's Worldwide Cost of Living Survey for five years, Asia's Lion City has been joined by Paris and Hong Kong in a tie at the...

Swiss Re says helped insure Boeing, Ethiopian Airlines

by AIP Online Bureau | Mar 19, 2019 | International News, Reinsurance, Risk Management

  ZURICH/ADDIS ABABA/PARIS Reinsurance group Swiss Re helped cover jetmaker Boeing Co and Ethiopian Airlines, the Swiss company said on Monday amid an investigation into what caused an Ethiopian Airlines plane crash that killed 157 people.   “We can...

General Insurance industry may close FY 2018-19 with a premium of Rs 1. 7 trillion

by AIP Online Bureau | Mar 18, 2019 | Indian News, Non-Life

  Mumbai: Despite over all deceleration in the Indian economy including a visible drop in the auto sales, the domestic general insurance industry with 34 players may end the current fiscal year 2018-19  with a higher premium. .   The industry had logged...

Tougher Asian markets need different approach to risk and insurance driven by data analytics

by AIP Online Bureau | Mar 18, 2019 | International News, Non-Life, Reinsurance, Risk Management

  Singapore: Large and complex risks will continue to dominate the Asian commercial insurance market, proving the current business model unsustainable and not fit for purpose, according to Willis Towers Watson’s 2019 Asia Market Report.   “There...

Govt sets up a high level panel under IRDAI chairman to overhaul Indian insurance sector

by AIP Online Bureau | Mar 17, 2019 | Indian News, Policy, Regulation

  New Delhi:  In a bid to overhaul the Indian insurance sector, almost after 20 years of liberalisation of the industry,  the centre has appointed a high level panel under the chairmanship of S C Khuntia, chairman,IRDAI, just before the Modi government...

In India, most complaints by flyers are about harassment by airline staff

by AIP Online Bureau | Mar 17, 2019 | Eco/Invest/Demography, Indian News, Risk Management

  New Delhi: Most complaints filed by air passengers in the Civil Aviation Ministry's grievance redressal system relates to behaviour of airline staff and harassment of flyers, according to an official document. .  'Loss of baggage' category in...

Govt to soon start selection process for new PFRDA chairman

by AIP Online Bureau | Mar 17, 2019 | Indian News, Pension & Social Security, Policy, Regulation

   New Delhi: The government will soon start selection process for a new chairman of pension fund regulator PFRDA to succeed the present chief, Hemant G Contractor, whose term is slated to end in April.   "The Finance Ministry will soon come out...

IDBI Bank board proposes change in name to either LIC IDBI Bank or LIC Bank

by AIP Online Bureau | Mar 17, 2019 | Uncategorized

   Mumbai: The IDBI Bank's proposal for changing its name has not found any favour from the Reserve Bank of India, sources said. The board of IDBI Bank last month proposed change in the name of the lender to either LIC IDBI Bank or LIC Bank, following...

Ex-SC Judge Justice PC Ghose set to be first Lokpal

by AIP Online Bureau | Mar 17, 2019 | Eco/Invest/Demography, Indian News, Policy

  New DelhI Former Supreme Court judge Justice Pinaki Chandra Ghose was on Sunday recommended to be the first Lokpal or anti-corruption ombudsman of India.   His name was finalised and recommended by the Selection Committee comprising of Prime Minister...
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