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Need of regular fire safety audits of healthcare institutions to prevent disasters: Nadda

Need of regular fire safety audits of healthcare institutions to prevent disasters: Nadda

by AIP Online Bureau | May 8, 2025 | Health, Indian News, Policy, Risk Management

Underlining the increased responsibility of healthcare facilities, Nadda added that “since we work with high-load equipment and highly inflammable materials like oxygen and chemicals that not only save lives, but also are inflammable and might cause a hazard....
Liberal approach must be adopted while considering disability pension to army men: SC

Liberal approach must be adopted while considering disability pension to army men: SC

by AIP Online Bureau | May 8, 2025 | Health, Indian News, Pension & Social Security, Workplace/Employee Benefits

“We must appreciate the fact that the provisions for grant of disability pension are in the nature of a beneficial scheme intended to provide succour to servicemen in hard times who have been discharged from service after having served the nation with...

Domestic investors invested 3.7 times more than foreign inflows in equities over last decade: Report

by AIP Online Bureau | May 8, 2025 | Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy

According to a report by Motilal Oswal, domestic institutional investors (DIIs) have invested $195 billion in Indian equities between FY15 and FY25.This is 3.7 times higher than foreign institutional investor (FII) inflows of $53 billion during the same period New...
BSE asks trading members to take measures to ward off any cyber threat

BSE asks trading members to take measures to ward off any cyber threat

by AIP Online Bureau | May 8, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology

This directive comes after an advisory was received from the Indian Computer Emergency Response Team (CERT-In) highlighting a cyber threat campaign specifically targeting Indian organisations operating within the Banking, Financial Services, and Insurance (BFSI)...
IFFCO-Tokio General Insurance launches surety bond insurance

IFFCO-Tokio General Insurance launches surety bond insurance

by AIP Online Bureau | May 8, 2025 | Workplace/Employee Benefits

To make these projects a reality, India needs to widen the contactors’ pool, who face fund issues, especially with regard to limits that are required under India’s bidding and other processes, said IFFCO-Tokio General Insurance MD and CEO Subrata Mondal...
AAIB to probe helicopter crash in Uttarakhand

AAIB to probe helicopter crash in Uttarakhand

by AIP Online Bureau | May 8, 2025 | Indian News, Non-Life, Reinsurance, Risk Management, Technology

Five people were killed and two others injured in the helicopter crash that happened near Gangnani in Uttarkashi district.Seven people, including the pilot, were on board the helicopter of Ahmedabad-based private company AeroTrans Services Pvt Ltd, one of the...
Patrick Tiernan appointed as Lloyd’s CEO

Patrick Tiernan appointed as Lloyd’s CEO

by AIP Online Bureau | May 8, 2025 | International News, Non-Life, Regulation, Reinsurance, Technology

Patrick Tiernan, CEO-designate, Lloyd’s “My primary focus will be supporting the commercial success of our market participants while keeping an iron grip on underwriting discipline and safeguarding the financial strength of the Corporation. We will work at pace...
Hostilities between India-Pakistan heighten credit risks for both nations: S &P

Hostilities between India-Pakistan heighten credit risks for both nations: S &P

by AIP Online Bureau | May 8, 2025 | Eco/Invest/Demography, Indian News, Risk Management

“The outbreak of hostilities between India and Pakistan has increased regional credit risks, especially for the two sovereigns involved. Our base case is for the intense military actions to be temporary, which will give way to a longer period of contained and...
GI Council set to launch Motor Insurance reforms

GI Council set to launch Motor Insurance reforms

by AIP Online Bureau | May 7, 2025 | Indian News, Non-Life, Technology

Though the details of the Motor Insurance agenda is yet to be known, sources said like common empanelment of hospitals  and standard rates in the Health Insurance, there will be nationwide common empanelment of garages with standard rates. Mumbai:After undertaking the...
Fed leaves rates unchanged, cites rising risk of higher inflation and unemployment

Fed leaves rates unchanged, cites rising risk of higher inflation and unemployment

by AIP Online Bureau | May 7, 2025 | Banking & Bancassurance, Eco/Invest/Demography, International News, Policy, Risk Management

Fed Chair Jerome Powell “Uncertainty about the economic outlook has increased further,” the FOMC said at the end of a two-day meeting during which officials agreed unanimously to keep the central bank’s benchmark interest rate steady in the...
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