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Indians work hardest, happy with working 5 days a week, says study

by AIP Online Bureau | Nov 21, 2018 | Facts, Health

India leads the way as the hardest working country with 69 per cent of full-time employees saying they would work five days a week even if they had the option to work fewer days for the same pay, according to a survey.   Mexico was the second-highest at 43 per...

Nation needs a break: Indians feel most vacation-deprived in the world

by AIP Online Bureau | Nov 21, 2018 | Facts, Health

Indians are the most vacation-deprived in the world and 41 per cent of them have not taken a vacation in the past six months as they could not get time off work, according to a report.   Vacation deprivation is on the rise, and 75 per cent of Indian feel vacation...

Apollo Hospitals, a $2 bn health empire, makes a comeback

by AIP Online Bureau | Nov 21, 2018 | Health, Indian News

  Chennai: About a decade ago, Suneeta Reddy’s  and her three sisters took over most executive functions at Apollo, India’s largest hospital chain, from their father. They embarked on a multi-year building spree in a bet that India’s...

Half of India’s ATMs may close down by March 2019, warns Industry body

by AIP Online Bureau | Nov 21, 2018 | Indian News, Risk Management

  MUMBAI: Changes in regulatory landscape are making it unviable to operate ATMs, and may lead to the closure of half of the 2.38 lakh machines in the country by March 2019, the Confederation of ATM Industry (CATMi) warned Wednesday.  Closure of the ATMs...

UN  collaborates with global insurers to tackle climate change impacts 

by AIP Online Bureau | Nov 21, 2018 | Climate, Environment, Renewable Energy, International News

  Genèva: The UN Environment's Finance Initiative (UNEP FI)  announced a partnership with 16 of the world’s largest insurers—representing around 10 per cent  of world premium and USD 5 trillion in assets under management—to...

Global assessment shows hundreds of species face extinction without immediate action

by AIP Online Bureau | Nov 21, 2018 | Climate, Environment, Renewable Energy, Facts

  Ahead of the upcoming United Nations Biodiversity Summit to be held in Egypt, 17-29 November, a major assessment by the international Alliance for Zero Extinction (AZE) – the global conservation partnership that works to identify, map and safeguard sites...

Aon launches cover for intangible assets

by AIP Online Bureau | Nov 20, 2018 | International News, Reinsurance

  LONDON:  Aon plc today announces the launch of a new Non-Damage Business Interruption (NDBI) cover that is designed to protect the income streams of the growing number of companies with high levels of intangible assets.   NDBI policies protect...

Important to address concerns quickly in cyber era, Nestle CEO on Maggi crisis learning

by AIP Online Bureau | Nov 20, 2018 | Indian News, Risk Management

  Global food and beverage company Nestle said it is important to address concerns quickly in this era of social media and this has been a key learning from the 2015 Maggi crisis in India, said a top company official.   The company also said staying closely...

Asia led by China and India will drive global insurance growth:Swiss Re  

by AIP Online Bureau | Nov 20, 2018 | International News

  London: Global economic growth will remain strong over the next two years, although momentum has peaked. Swiss Re Institute's latest sigma "Global economic and insurance outlook 2020" says the still-positive economic momentum will support the...

RMS estimates insured losses from California wildfires to be between $9 Bn and $13 Bn

by AIP Online Bureau | Nov 20, 2018 | International News, Reinsurance

California wildfires in Newark, C.A:- RMS, a global risk modeling and analytics firm, has estimated that the insured loss for the Camp and Woolsey wildfires in California will be between USD $9 and $13 billion ($7.5-$10 billion for Camp; $1.5-$3 billion for Woolsey)....
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