by AIP Online Bureau | Jun 14, 2018 | Indian News, Reinsurance
Hydearbad: The board of insurance regulator IRDAI is scheduled to meet on June 29 under the new chairman Subhas Khuntia to approve the much awaited revamped `Reinsurance Regulations. Though, the new set of reinsurance regulation were expected to be...
by AIP Online Bureau | Jun 14, 2018 | Climate, Environment, Renewable Energy, Facts
WASHINGTON: The melting of Antarctica is accelerating at an alarming rate, with about 3 trillion tons of ice disappearing since 1992, an international team of ice experts said in a new study. In the last quarter century, the southern-most continent's...
by AIP Online Bureau | Jun 13, 2018 | International News
$94 billion financial behemoth is keeping the market on tenterhooks about its next move. Europe’s largest insurer, Allianz SE, is in the early stages of evaluating a variety of potential acquisition targets as deal-hungry Chief Executive Officer...
by AIP Online Bureau | Jun 13, 2018 | Facts
Analyzing the collective insurable value of soccer players, Lloyd’s of London* predicts that France will be the winner of the 2018 World Cup, which will be held in Russia from June 14 to July 15, 2018. The research, which was conducted by the Centre for...
by AIP Online Bureau | Jun 13, 2018 | Indian News
Mumbai: ICICI Bank on Wednesday said it will offload 2 per cent stake in its insurance arm ICICI Prudential Life in one or more tranches. Based on insurer's stock closing price of Rs 410.25 on BSE today, the stake sale is estimated to fetch the bank...
by AIP Online Bureau | Jun 13, 2018 | Indian News
MUMBAI: India has only one decade to change its status into a developed country and will need to focus on education, failing which the much-hailed 'demographic dividend' will turn into a disadvantage, a report said today. If India is...
by AIP Online Bureau | Jun 13, 2018 | Health, Indian News
Mumbai: ETechAces Marketing & Consulting Pvt. (ETechAces”), which owns India’s leading insurtech brand, PolicyBazaar.com(“PolicyBazaar”) and India’s leading lending marketplace, PaisaBazaar.com (“PaisaBazaar”),...
by AIP Online Bureau | Jun 13, 2018 | International News
Zurich: Global engineering insurance premiums for 2017 were estimated at around USD 21 billion, but have stagnated in recent years according to the latest sigma study from the Swiss Re Institute. Underwriting performance has deteriorated...
by AIP Online Bureau | Jun 13, 2018 | Indian News, Pension & Social Security
New Delhi: The government is considering a proposal to raise the pension limit under Atal Pension Yojana (APY) to up to Rs 10,000 per month from the existing slab of up to Rs 5,000, a top official said today. There is a need to increase the value of...
by AIP Online Bureau | Jun 12, 2018 | Health, Indian News
Bhubaneswar: Even as the Modi government at the centre is getting ready to launch a mass free Rs 5 lakh health insurance scheme,Odisha Chief Minister Naveen Patnaik today announced that the state government would launch a new scheme which will provide health...