by AIP Online Bureau | Jul 7, 2018 | International News
LONDON/FRANKFURT: Munich Re, the world’s biggest reinsurer, said it would keep underwriting coal-related businesses, defying investors keen for it to follow a partial ban by its rival Swiss Re. It, however, said it looked at the issue...
by AIP Online Bureau | Jul 7, 2018 | International News, Risk Management
Hopes for more legroom in increasingly cramped airplane cabins were dashed when U.S. regulators, responding to a court order, said they found no need to impose new standards on airlines. The Federal Aviation Administration, in a letter dated Monday, said...
by AIP Online Bureau | Jul 7, 2018 | International News
Trade tensions sound like a great opportunity to underwriters of a little-known insurance product. U.S. President Donald Trump set off fears of a global trade war with tariffs on metals and an array of imports from China. As countries ratchet up the...
by AIP Online Bureau | Jul 5, 2018 | Health, Indian News
New Delhi: Prime Minister Narendra Modi’s plan to provide health insurance to half a billion Indians – a mass of people larger than the entire population of South America – before he seeks a fresh mandate next year is already facing serious...
by AIP Online Bureau | Jul 5, 2018 | International News
Zurich: Global insurance premiums increased 1.5% in real terms1 to nearly USD 5 trillion in 2017, after rising 2.2% in 2016. in 2016. global life premiums increased to roughly USD 2.7 trillion in 2017, while global non-life premiums rose to approximately...
by AIP Online Bureau | Jul 5, 2018 | Indian News
Mumbai: In a first-ever such development, an under-production Sukhoi jet,manufactured by the Hindustan Aeronautics Limited (HAL),that recently crashed during its test flight in Maharashtra's Nashik ,has triggered insurance claims of around Rs 270 crore to...
by AIP Online Bureau | Jul 4, 2018 | Uncategorized
Imports slumped more than 25 per cent to 54 metric tons in June from a year earlier, a person familiar with the information said, asking not to be identified as the figures aren’t public. Overseas purchases plunged 40 per cent to 343 tons in the first...
by AIP Online Bureau | Jul 4, 2018 | Uncategorized
Mumbai: The total corporate social responsibility (CSR) spending by the top 500 companies in the country since the applicability of mandatory CSR in 2014 is likely to cross Rs 500 billion by March 2019, said a report. The CSR compliance is also likely to...
by AIP Online Bureau | Jul 4, 2018 | Climate, Environment, Renewable Energy, International News
Rising sea levels could cost $14 trillion worldwide annually by 2100, say scientists who warn that failing to limit global warming to two degrees Celsius will lead to dire global economic consequences. The researchers from UK National Oceanographic Centre (NOC)...
by AIP Online Bureau | Jul 4, 2018 | Health, Indian News
New Delhi: The Union Cabinet will take a call tomorrow on a bill which seeks to set up DNA data banks across India to store profiles, and also impose jail term of up to three years on those who leak the information stored in such facilities. The draft...
