by AIP Online Bureau | Jan 14, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy
On Budget expectations, Anup Rau, Managing Director and Chief Executive Officer of Future Generali India Insurance Company, said India’s insurance sector is poised for its most significant reforms to date New Delhi: Insurers are seeking tax benefits for buyers...
by AIP Online Bureau | Jan 14, 2025 | Disaster & Management, Eco/Invest/Demography, Indian News, Risk Management, Technology
Prime Minister Narendra Modi Addressing a function to celebrate 150 years of the India Meteorological Department (IMD), Modi also launched ‘Mission Mausam’ for developing cutting-edge weather surveillance technologies and systems, implementing...
by AIP Online Bureau | Jan 14, 2025 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Estimating insured losses is difficult given that fires are not fully contained. Nonetheless, significantly wide estimates for insured losses range between $10 billion and $30 billion, and economic losses between $150 billion to $275 billion, says Fitch The Los...
by AIP Online Bureau | Jan 14, 2025 | International News, Regulation, Risk Management, Technology
Under one scenario that’s been discussed by the Chinese government, Musk’s X — the former Twitter — would take control of TikTok US and run the businesses together, the people said. With more than 170 million users in the US, TikTok could bolster X’s efforts to...
by AIP Online Bureau | Jan 14, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Reinsurance, Risk Management
India’s insurance market projected to be the G20’s fastest-growing market over the next five years, with total premium volumes (life and non-life) up 7.3% in real terms on average each year. Growth underpinned by macroeconomic tailwinds, digitalisation progress and...
by AIP Online Bureau | Jan 14, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Technology
Sales in China jumped 36.5 per cent to 1.3 million vehicles in December, and totalled 11 million for the whole of 2024. Global sales of fully electric and plug-in hybrid vehicles rose by a quarter last year to over 17 million cars, helped by a fourth consecutive month...
by AIP Online Bureau | Jan 13, 2025 | Eco/Invest/Demography, Health, Indian News, Policy
JP Nadda, Union Minister of Health and Family Welfare & Chemicals and Fertilizers Odisha became the 34th state to implement the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) New Delhi: Odisha became the 34th state to implement the Ayushman Bharat...
by AIP Online Bureau | Jan 13, 2025 | Disaster & Management, Eco/Invest/Demography, International News, Risk Management
“The quake’s epicentre was at a depth of 30 km in the Hyuganada Sea. Immediately following the quake, the agency issued a tsunami advisory for the coasts of Miyazaki and Kochi prefectures. Waves of 1 metre are being forecast. People in the vicinity are...
by AIP Online Bureau | Jan 13, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Reinsurance, Risk Management
A senior Indian bureaucrat told reporters that sanctioned vessels won’t be allowed to discharge. That excludes ships chartered before Jan. 10, provided they unload by March 12. Indian banks will demand certificates of origin to ensure crude doesn’t come from...
by AIP Online Bureau | Jan 13, 2025 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology
“By combining our CAT risk models with CAPE’s AI-powered property risk intelligence, we will provide our customers with the most advanced property risk analytics available in the industry, enhancing insights and decision-making across the insurance lifecycle,” said...
