by AIP Online Bureau | Oct 25, 2018 | Indian News
MUMBAI: Congress MP Shashi Tharoor Thursday said India was staring at a "demographic disaster" as a major section of the country's youth was not yet equipped to take advantage of the job opportunities that the current century has to offer. ...
by AIP Online Bureau | Oct 25, 2018 | Indian News
NEW DELHI: The Supreme Court Wednesday said that no Bharat Stage IV vehicle shall be sold across the country with effect from April 1, 2020. The Bharat stage emission standards are standards instituted by the government to regulate output of air pollutants from...
by AIP Online Bureau | Oct 25, 2018 | International News
SYDNEY: Australia’s largest wealth manager AMP Ltd said on Thursday it would sell its life insurance arm at a discount and revealed its funds were haemorrhaging cash as clients pulled out their money in response to revelations of systemic...
by AIP Online Bureau | Oct 25, 2018 | International News, Reinsurance
PRINCETON N.J A personal lines flood endorsement from Munich Reinsurance America, Inc. (Munich Re America) is now available in the U.S. to insurance carriers and their agency partners that use BriteCore, a modern web-based insurance administration platform....
by AIP Online Bureau | Oct 25, 2018 | International News, Reinsurance
Paris: French reinsurer Scor delivered a third quarter net profit on Wednesday, saying this helped justify its rejection of last month’s 8.2 billion euro ($9.4 billion) bid by rival Covea. “This performance bears witness to the...
by AIP Online Bureau | Oct 25, 2018 | International News, Reinsurance
London: Tokio Marine Kiln (TMK) today announced a reorganisation of its Asian operations based primarily in Singapore with supporting offices in Hong Kong and Shanghai. TMK will be closing its Hong Kong office with immediate effect and making arrangements over...
by AIP Online Bureau | Oct 24, 2018 | Indian News, Risk Management
New Delhi: A Group of Ministers, headed by Home Minister Rajnath Singh, has been constituted by the government to strengthen the legal and institutional frameworks to deal with and prevent sexual harassment at workplace. The members of the GoM are Road...
by AIP Online Bureau | Oct 24, 2018 | Indian News
Mumbai: SBI General Insurance, at Rs 217cr, has recorded a 65 per cent jump in its net profit during H1 18-19 vis-à-vis Rs 132 cr for H1 17-18. The eighth largest private general insurance player has witnessed a sustainable...
by AIP Online Bureau | Oct 22, 2018 | Climate, Environment, Renewable Energy, International News, Reinsurance
MUMBAI: India’s overall level of insurance penetration (total insurance premiums as a percentage of GDP) has seen a slight increase of 0.2 per ent since 2012 but it continues to have one of the highest underinsurance levels globally...
by AIP Online Bureau | Oct 19, 2018 | Indian News
Amritsar: In a tragic accident, at least 50 people died and many got injured when a train run over them while they were celebrating Dussehra. The accident happened near Joda Phatak area of Amritsar a short while ago. A large number of people were...
