by AIP Online Bureau | Jan 18, 2025 | Articles, Eco/Invest/Demography, Health, Non-Life, Policy
The deduction limits for health insurance premiums have remained stagnant, failing to keep up with the rising costs of medical care. Increasing these limits to ₹50,000 for individuals and ₹1,00,000 for senior citizens would provide meaningful financial relief. Senior...
by AIP Online Bureau | Jan 18, 2025 | Indian News, Non-Life
Sanjeev Mantri, MD & CEO, ICICI Lombard General Insurance The underwriting loss of the general insurer narrowed to Rs 152.3 crore from Rs 283.44 crore in Q3 FY24. Among portfolios, except Fire and Crop , rest of the portfolios like Marine , Health and Motor...
by AIP Online Bureau | Jan 17, 2025 | Disaster & Management, International News, Non-Life, Reinsurance
The ministry suspects that both engines shut down shortly before the pilot attempted an emergency landing, depriving the aircraft of almost all electrical power as it touched down. The plane’s two black boxes, the flight data recorder and cockpit voice recorder, both...
by AIP Online Bureau | Jan 17, 2025 | Eco/Invest/Demography, International News, Risk Management
On Tuesday Bayer was hit with a $100 million verdict in the most recent case blaming it for students and faculty at a Seattle-area public school being sickened by exposure to polychlorinated biphenyls, or PCBs, contained in aging fluorescent-light fixtures.The company...
by AIP Online Bureau | Jan 17, 2025 | Eco/Invest/Demography, International News, Policy
The figures announced by the government in Beijing follow trends worldwide, but especially in East Asia, where Japan, South Korea, Hong Kong and other nations have seen their birth rates plummet. China three years ago joined Japan and most of Eastern Europe among...
by AIP Online Bureau | Jan 17, 2025 | Events, Life, Non-Life, Reinsurance
2nd Edition of IFSCA-IRDAI GIFT IFSC Global Reinsurance Summit,Monday, January 20, 2025,Hotel JW Marriot, Juhu, Mumbai, Opening Address by Mr. K. Rajaraman, Chairperson, IFSCAAddress by Mr.P.K. Arora, Whole Time Member (Actuary), IRDAIAddress by Mr Tapan Ray, Managing...
by AIP Online Bureau | Jan 17, 2025 | Indian News, Life
SBI Life’s expense of management increased during the quarter to Rs 2,417 crore as compared to Rs 2,188 crore in the third quarter of the previous fiscal Mumbai: SBI Life Insurance on Friday reported a 71 per cent rise in net profit at Rs 551 crore for the third...
by AIP Online Bureau | Jan 17, 2025 | Data, Eco/Invest/Demography, Workplace/Employee Benefits
The GSICC is tasked with addressing issues related to gender sensitivity within the judiciary. Its functions include the evaluation of complaints and the implementation of policies designed to ensure a safe and respectful working environment for all court employees,...
by AIP Online Bureau | Jan 17, 2025 | Eco/Invest/Demography, Health, Indian News, Policy
In its order passed on December 24 last year, the high court referred to the minutes of the meeting held in December 2024 and noted the PM-ABHIM would have to be implemented in its entirety to ensure Delhi residents were not deprived of the funds and facilities under...
by AIP Online Bureau | Jan 17, 2025 | Eco/Invest/Demography, Indian News, Technology
Chief Minister Devendra Fadnavis said this initiative would create a hub for technology and innovation, providing fertile ground for start-ups, particularly in emerging areas such as artificial intelligence (AI). Mumbai: Chief Minister Devendra Fadnavis on Thursday...
