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India ranks 2nd last in pension schemes, Netherlands, Denmark on top: Study

by AIP Online Bureau | Nov 11, 2018 | International News, Pension & Social Security

  Mumbai: India has emerged as the second lowest among 34 countries providing retirement income systems with good benefits according to a study.    The Melbourne Mercer Global Pension Index has revealed that ageing population continued to pose...

Pilot’s error triggers hijack scare on Kandahar-bound plane at IGI airport

by AIP Online Bureau | Nov 11, 2018 | Indian News, Risk Management

  New Delhi: A hijack scare on a Kandahar-bound flight sent security officials at the Delhi international airport into tizzy on Saturday after the pilot "mistakenly" pressed the 'hijack button' when it was taxiing for take-off, officials said....

Baby boom for some nations, bust for others: study

by AIP Online Bureau | Nov 10, 2018 | Health, International News

  Paris: Soaring birth rates in developing nations are fuelling a global baby boom while women in dozens of richer countries aren't producing enough children to maintain population levels there, according to figures released Friday.   A global overview...

Insurtech:Number of insurance patents filed jumps 40% in a year

by AIP Online Bureau | Nov 10, 2018 | International News, Regulation, Risk Management, Technology

  Investment in insurtech is being stepped up, as the number of insurance-related patents filed worldwide jumped 40% last year, to 917 in 2017 (to Dec 31) from 657* in 2016.   RPC adds that insurance patent filings per annum have jumped by 116% over 5 years...

India’s economic growth held back due to demonetisation, GST: Raghuram Rajan

by AIP Online Bureau | Nov 10, 2018 | Indian News

   WASHINGTON:  Demonetisation and the Goods and Services Tax (GST) are the two major headwinds that held back India's economic growth last year, former RBI Governor Raghuram Rajan has said, asserting that the current seven percent growth rate is...

Italy’s Generali to stop insuring new coal plants

by AIP Online Bureau | Nov 10, 2018 | Health, International News, Reinsurance, Risk Management

  MILAN: Italy’s biggest insurer Generali said on Friday it would stop offering insurance coverage for new coal mines and plants, marking a step up in the company’s support for green policies.   Generali’s action, which comes ahead of a...

India’s GDP growth & Puzzling data baffle economists

by AIP Online Bureau | Nov 10, 2018 | Indian News

   New DelhI:  The world’s fastest-growing economy is also one of the most difficult to decipher. A change in the methodology to calculate gross domestic product is partly why India’s data is puzzling and is prompting economists to find a...

Monitoring Delhi pollution, will impose emergency measures if needed: EPCA

by AIP Online Bureau | Nov 10, 2018 | Indian News, Risk Management

  New Delhi: The Supreme Court-appointed Environment Protection Authority on Thursday said it was closely monitoring the situation and if the pollution shows an increasing trend then emergency measures will be imposed in the national capital.   The emergency...

WHO guidelines: Management of physical health conditions in adults with severe mental disorders

by AIP Online Bureau | Nov 10, 2018 | Articles, Health

  Worldwide, mental disorders contribute to 7 per cent of the global burden of disease as estimated by disability adjusted life years and this is rising especially in low- and middle- income countries (LMIC) . In addition to causing a...

Standard Club Asia and Ping An P&CĀ Insurance collaborate to underwrite P&I risks in China

by AIP Online Bureau | Nov 9, 2018 | International News, Reinsurance

  Singapore: The Standard Club Asia Ltd and Ping An Property & Casualty Insurance Company of China, Ltd collaborate to underwrite P&I risks fo  world’s second-largest ship owning country The Standard Club Asia Ltd (“Standard Asia”),...
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