by AIP Online Bureau | Mar 7, 2019 | Eco/Invest/Demography, Indian News
New Delhi: With unemployment rates hitting an all time high amidst falling economic growth in the country, a report has revealed that as many as 83 percent women and 87 percent of men are worried about their financial future. Moreover, 84 percent...
by AIP Online Bureau | Mar 7, 2019 | International News, Reinsurance
Hannover: Hannover Re generated Group net income of EUR 1.06 billion in 2018 as compared to 0.96 billion for the past financial year and thus achieved its profit target. "The 2018 financial year once again bears witness to the profitability of...
by AIP Online Bureau | Mar 7, 2019 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
Munich: With innovative Munich Re coverage extended for the renewable energy, battery performance now is insurable. Munich Re has issued the World’s first long-term insurance for battery performance that covers manufacturer...
by AIP Online Bureau | Mar 7, 2019 | Eco/Invest/Demography, Health, Indian News
New Delhi: Prime Minister Narendra Modi on March 7 said the Janaushadhi scheme, under which the government provides quality medicines at affordable rates, has led to savings worth Rs 1,000 crore for common people. The generic medicines provided by the...
by AIP Online Bureau | Mar 7, 2019 | Eco/Invest/Demography, Facts
Youth inactivity is the highest in India among emerging and developing economies, IMF senior economist John Bluedorn said on Wednesday. Bluedorn was speaking on labour market in emerging and developing economies at an event organised by Brookings India....
by AIP Online Bureau | Mar 7, 2019 | Indian News, Risk Management
New Delhi: The National Green Tribunal Thursday slapped a fine of Rs 500 crore on German auto major Volkswagen for damaging the environment through the use of "cheat device" in its diesel cars in India. A bench headed by NGT chairperson...
by AIP Online Bureau | Mar 6, 2019 | Eco/Invest/Demography, Indian News
Hyderabad: The insurnace regulator IRDAI has constituated a 11 member joint working Group under the chairmanship of Dinesh Arora, deputy CEO,National Health Authority, (NHA) to support the Implementation of Ayushman Bharat Pradhan Mantri Jan Arogya...
by AIP Online Bureau | Mar 6, 2019 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance
Zurich: Emerging markets will remain the growth engine for the global economy and insurance industry over the next decade, the latest sigma report from Swiss Re Institute shows. The study explores how the seven largest emerging markets will contribute more than...
by AIP Online Bureau | Mar 6, 2019 | International News
LONDON: Aon plc has said it has dropped its earlier plans to acquire Willis Towers Watson According to Aon, consistent with Aon's stated focus on return on invested capital the firm regularly evaluates a variety of potential opportunities within...
by AIP Online Bureau | Mar 6, 2019 | International News, Non-Life, Reinsurance, Risk Management
London: Aon, the second largest global insurance broking giant has confirmed that a takeover of its competitor and third largest insurance broker Willis Towers Watson (WTW) is under consideration. The acquisition of WTW could make Aon the largest broker in the...
