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Overall risk professionals salary continues steady climb in US & Canada:RIMS Survey

by AIP Online Bureau | Dec 6, 2017 | International News, Risk Management

NEW YORK:  Risk professionals at all levels and responsibilities in the United States experienced an average 3.5% base salary increase this year, while Canadian practitioners experienced an average 2.0% increase, according to RIMS 2017 Compensation Survey. The...

Blood pressure gradually begins to decrease about 14 years before death

by AIP Online Bureau | Dec 5, 2017 | Facts, Health

NEW YORK: Doctors have long known that in the average person, blood pressure rises from childhood to middle age, but a new study warns that in the elderly, blood pressure gradually begins to decrease about 14 years before death.  The study that looked at the...

LIC targets Rs 50,000 cr equity investment in FY 2018

by AIP Online Bureau | Dec 5, 2017 | Indian News

Mumbai: Life Insurance Corporation of India (LIC) India's largest life insurer has invested Rs 44,000 crore in the equity market in April- November, 50 per cent jump over Rs 29,000 crore invested in the year ago period  and it is...

Five yr lock in period for PE investment in Indian insurance companies:IRDAI

by AIP Online Bureau | Dec 5, 2017 | International News, Regulation

Mumbai: The insurance regulator IRDAI has put a five year lock in period for any Private Equity(PE) investment in insurance companies.    Unveiling its detailed guidelines on PE investment in the insurance sector on Tuesday, IRDAI has clarified that a...

Product recall risks growing, technology drives new triggers, warns Allianz

by AIP Online Bureau | Dec 5, 2017 | International News, Risk Management

Singapore, Munich, New York, London : Hoghlights: Defective product risk is an increasing peril for companies, causing significant financial damage, says Allianz Global Corporate & Specialty (AGCS) report. Tougher regulation, global supply chains, materials from...

Centre planning to put toll-free ‘quitline’ number on tobacco packets

by AIP Online Bureau | Dec 3, 2017 | Health, Indian News

New Delhi: The Centre is working on issuing a new set of enhanced pictorial and text warnings and planning to print the national toll-free helpline number on the packets of all tobacco products to amplify the message.   The National Tobacco Cessation...

Indian healthcare market to hit $372 billion by 2022

by AIP Online Bureau | Dec 3, 2017 | Health, Indian News

NEW DELHI:   India's healthcare market may see threefold jump in value terms to USD 372 billion by 2022, driven by growing incidence of lifestyle diseases and rising demand for affordable healthcare delivery systems, says a report.    The report...

Cyclone Ockhi cannot be declared national calamity: Centre

by AIP Online Bureau | Dec 3, 2017 | Indian News

Thiruvananthapuram: The Centre on Sunday said Cyclone Ockhi, which wrecked havoc in Kerala, Tamil Nadu and Lakshadweep, cannot be declared a national calamity as there is no such scheme, but assured all necessary assistance to tackle the situation.   Speaking to...

Insurance company to pay even if accident not in India: High Court

by AIP Online Bureau | Dec 3, 2017 | Indian News

Chandigarh: Punjab and Haryana high court has ruled that if a vehicle registered and insured in India meets with an accident in another country, the insurance company would be liable to pay the claim.  The order pertained to compensation to the kin of 54 pilgrims...

Govt notifies for Vijayan’s successor

by AIP Online Bureau | Dec 1, 2017 | Indian News, Regulation

AIP News Bureau Mumbai: Government has notified for the successor of IRDAI chairman TS Vijayan who will be retiring on 2ND Feb 2018.    “It is desired that the applicant should have at least 30 years of work experience and he/she should have worked as...
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