by AIP Online Bureau | Mar 15, 2018 | International News, Reinsurance
Munich: Munich Re, the largest global reinsurer, has raised its profit guidance compared with the previous year, and is expecting to generate a profit of €2.1–2.5bn for 2018. The Company also announced that it would buy back another €1bn worth of...
by AIP Online Bureau | Mar 14, 2018 | Indian News, Pension & Social Security
New Delhi: A Parliamentary panel today asked the government to assess Employees Pension Scheme 1995 and consider revision of minimum monthly pension of Rs 1,000 under that, saying the social security benefit is too meagre to fulfil even basic needs. The...
by AIP Online Bureau | Mar 14, 2018 | International News
London: British insurance giant Prudential announced today that it will split into two separate companies, with one focused on asset management and the other on insurance. The 170-year-old firm said Wednesday it will demerge M&G Prudential, its U.K. and...
by AIP Online Bureau | Mar 14, 2018 | Data, Risk Management
Almost 26,500 students committed suicide in the country between 2014 and 2016, the Rajya Sabha was informed today. Union Minister of State for Home Hansraj Gangaram Ahir said 9,474 students took their lives in 2016, 8,934 students in 2015 and 8,068 in 2014. In 2016,...
by AIP Online Bureau | Mar 14, 2018 | Facts, Health
Smokers are at a greater risk of hearing loss, according to a study. The research was conducted on over 50,000 participants over a span of eight years. Researchers analyzed data from annual health checkups, which included audio testing...
by AIP Online Bureau | Mar 14, 2018 | Indian News
New Delhi: Life insurance firms reported an increase of about 27 per cent in its new premium collection in February at Rs 13,698.52 crore, data from insurance regulator Irdai showed today. Of all the 24 life insurance firms, countrys only state-owned as well as...
by AIP Online Bureau | Mar 14, 2018 | International News, Pension & Social Security
LONDON: A new pension fund backed by Tata Steel, UK, a unit of India's Tata Steel, will be set up after meeting minimum size and funding criteria, paving the way for the firm's merger with Germany's Thyssenkrupp . The trustee of...
by AIP Online Bureau | Mar 14, 2018 | Articles, Health
Fans of skiing, saunas and Santa Claus won't be surprised to hear Finland is the happiest place to live. The World Happiness Report published Wednesday ranked 156 countries by happiness levels, based on factors such as life expectancy, social support and...
by AIP Online Bureau | Mar 14, 2018 | Indian News, Risk Management
Singapore: A leading global payments and technology company will provide its Indian customers cutting edge innovations to help them tackle rapidly growing online frauds, a top company official has said. Mastercards Executive Vice President for Asia...
by AIP Online Bureau | Mar 13, 2018 | Data
Airlines reported over 24,700 technical snags last year, with Jet Airways alone accounting for 9,689 of them, according to official data. Minister of State for Civil Aviation Jayant Sinha told the Rajya Sabha today said that technical snags in airlines have gone up...