by AIP Online Bureau | Sep 23, 2018 | Data
Overseas investors have pulled out a massive Rs 153.65 billion ($2.1 billion) from the capital markets so far in September, after putting in funds during the previous two months, on widening current account deficit coupled with global trade tensions. The...
by AIP Online Bureau | Sep 22, 2018 | Facts, Health
Per capita alcohol consumption in India has more than doubled from 2005 to 2016, according to a report by the WHO. In India, the consumption of alcohol has increased from 2.4 litres in 2005 to 5.7 litres in 2016 with 4.2 litres being...
by AIP Online Bureau | Sep 22, 2018 | Health, Indian News
NEW DELHI: Beneficiaries of the Centre's Ayushman Bharat insurance programme or Pradhan Mantri Jan Arogya Yojana account in Jharkhand,from where Narendra Modi will roll out the flagship scheme on Sunday, have been sent a two-page customised letter from the...
by AIP Online Bureau | Sep 21, 2018 | Indian News
Mumbai: One of the five Jet Airways passengers who were sent to a city hospital for treatment, has demanded Rs 30 lakh in compensation, besides 100 upgrade vouchers, alleging lack of proper care by the airline, sources in the airline have said. The...
by AIP Online Bureau | Sep 21, 2018 | Indian News, Regulation
Hyderabad: Acting on the directives of the Madras High Court, the insurance regulator IRDAI on Thursday has raised the limit of sum assured(SA) of a Compulsory Personal Accident(CPA) Cover to Rs15 lakhs with immediate effect. Currently, the...
by AIP Online Bureau | Sep 21, 2018 | International News, Reinsurance
London: The market’s return to profit follows the severe catastrophe experience in 2017, with the result supported by an improved combined ratio of 95.5% (June 2017: 96.9%). Lloyd’s also reported a modest increase in gross written premiums to...
by AIP Online Bureau | Sep 20, 2018 | Articles, Risk Management
Insurers are increasingly operating on a shifting landscape across the world. From technological innovations, unconventional monetary policies, political upheavals to regulatory tweaking; the ground rules are being redefined. Today, with...
by AIP Online Bureau | Sep 20, 2018 | Indian News, Regulation
Hyderabad: The insurance regulator IRDAI has extended the deadline for the filing of motor long term third party insurance /long term package covers /bundled products under the File and Use Guidelines to Oct 15. The insurers were required to file all...
by AIP Online Bureau | Sep 20, 2018 | Indian News, Regulation, Technology
Hyderabad: The insurance regulator, IRDAI has formed committee on Wednesday headed by Randip Singh Jagpal, chief general manager, IRDAI to look into the concept of a regulatory sandbox and developing an environment where fintech solutions can be...
by AIP Online Bureau | Sep 20, 2018 | Climate, Environment, Renewable Energy, International News, Reinsurance
Austin: Global warming has increased the likelihood of more massive, sluggish storms like Florence, capable of dropping record amounts of rain and causing the type of catastrophic flooding that crippled North and South Carolina this week, experts said. ...