by AIP Online Bureau | Nov 14, 2018 | Health, International News
Singapore: Employer-provided health care benefits costs are expected to increase by 7.8% in Asia Pacific in 2019, according to a survey of medical insurers by Willis Towers Watson, a leading global advisory, broking and solutions company. Although...
by AIP Online Bureau | Nov 14, 2018 | Indian News, Reinsurance, Risk Management
MUMBAI: Large scale cyber-attacks, massive incidents of data theft, and extreme weather events are the top three risks for India Inc., says a joint study by Marsh, a global leader in insurance broking, and RIMS, the risk management society™. ...
by AIP Online Bureau | Nov 14, 2018 | Indian News, Reinsurance
Mumbai: State owned national reinsurer GIC Re with a total gross premium of Rs 27,117.40 crore has seen its net profit falling by 28 per cent to Rs 1,285.27 crore in H1 FY 2018-19 as compared to Rs 1,809.22 crore in the year ago period. ...
by AIP Online Bureau | Nov 12, 2018 | Indian News
Mumbai: With higher claims and other expenses, state owned New India Assurance (NIA), the largest non-life players in the country, at Rs.963.82 crores has witnessed a 22 per cent fall in its net profit in H1 2018-19 as against...
by AIP Online Bureau | Nov 11, 2018 | Indian News, Risk Management
Chennai: A deep depression in the bay of bengal has intensified into a cyclonic storm and is likely to cross the North Tamil Nadu and South Andhra Pradesh coast between Cuddalore and Sriharikota on November 15, regional weather office here said on November 11....
by AIP Online Bureau | Nov 11, 2018 | Indian News
New Delhi: Foreign investors have pumped in nearly Rs 48 bn into the Indian capital markets in the last five trading sessions, after pulling out hefty funds in October, amid cooling global crude oil prices and rising rupee. The recent infusion...
by AIP Online Bureau | Nov 11, 2018 | Indian News, Risk Management
New Delhi: Russia, the US, China and the Netherlands were the top countries from where cybercriminals attacked users in India, with over 6.95 lakh such incidents between January-June 2018, according to cyber-security firm F-Secure. Interestingly, the top...
by AIP Online Bureau | Nov 11, 2018 | Indian News, Pension & Social Security
New Delhi: A mechanism has been put in place under which central government employees will get pension payment order (PPO) on the day of retirement, Union Minister Jitendra Singh said on Tuesday. Inaugurating the All India Pension Adalat, he said Prime...
by AIP Online Bureau | Nov 11, 2018 | Indian News, Risk Management
Mumbai: Airbus SE's latest monthly order tally signaled a big change for India’s IndiGo. The planemaker’s biggest customer for the A320neo is upgrading 125 of its existing orders for the narrowbody’s bigger sister model. Indigo, one...
by AIP Online Bureau | Nov 11, 2018 | International News, Regulation, Risk Management
New York: Facebook said on Friday that it would no longer force employees to settle sexual harassment claims in private arbitration, making it the latest technology company to do away with a practice that critics say has stacked the deck against victims of...
