by AIP Online Bureau | Jan 2, 2025 | Data, Non-Life
The deceased was the proprietor of a labour supplier firm and earning Rs 12.95 lakh annually. The compensation amount included Rs 1.06 crore towards future loss of dependency, Rs 42.68 lakh for income towards future prospects, Rs 15,000 each for the loss of estate and...
by AIP Online Bureau | Jan 2, 2025 | Health, Indian News, Non-Life, Regulation, Reinsurance
“Cyber insurance is expected to gain prominence alongside the adoption of parametric insurance for disaster management and surety bonds as alternatives to traditional bank guarantees in infrastructure projects,” Bajaj Allianz General Insurance MD & CEO...
by AIP Online Bureau | Jan 2, 2025 | Climate, Environment, Renewable Energy, Health, Indian News, Policy
Rajasthan, Karnataka, and Tamil Nadu had over 40 per cent of samples above the limit while there was high contamination in samples from — Maharashtra at 35.74 per cent, Telangana at 27.48 per cent, Andhra Pradesh at 23.5 per cent and Madhya Pradesh at 22.58 per...
by AIP Online Bureau | Jan 2, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy
“ Export Credit Guarantee Corporation of India (ECGC) currently provides 90 per cent insurance cover for exporters with a credit limit of up to Rs 50 crore. This coverage could be extended to Rs 100 crore, and more banks could be brought into the fold to ensure...
by AIP Online Bureau | Jan 2, 2025 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography, Policy, Regulation
India continues to decouple economic growth from greenhouse gas emissions. Between 2005 and 2020, the emission intensity of India’s GDP declined 36 per cent, India’s fourth Biennial Update Report (BUR-4) submitted to the United Nations Framework Convention...
by AIP Online Bureau | Jan 2, 2025 | Eco/Invest/Demography, Health, Indian News, Policy, Regulation, Risk Management
“Though we have taken a number of measures, we are doing a deeper analysis commodity and area-wise. We are trying to find out gaps in our food testing infrastructure. We hope that the study will be over in 2-3 months and after that we will come up with a full...
by AIP Online Bureau | Jan 2, 2025 | Eco/Invest/Demography, International News, Policy, Regulation
The investigation also brings unwelcome attention to BYD when it is seeking to expand globally after having gained dominance in China, the world’s largest auto market, where it now takes up more than a third of the market of EVs and plug-in hybrids Chinese workers at...
by AIP Online Bureau | Jan 2, 2025 | International News, Non-Life, Reinsurance, Risk Management, Technology
The spike in fatalities marks a reversal from 2023, which became the safest year ever in aviation with no deaths among large passenger jetliners — typically planes made by Airbus SE and Boeing. Commercial aviation has suffered its deadliest year since 2018 after the...
by AIP Online Bureau | Jan 1, 2025 | Banking & Bancassurance, Indian News, Life, Non-Life, Policy, Regulation
M Nagaraju, Secretary, Department of Financial services At the outset, the Secretary reiterated the Prime Minister’s direction given in the Pragati meeting held on December 26, that all the Senior officers at the level of Chairman/ MD/ ED of PSBs/PSICs should...
by AIP Online Bureau | Jan 1, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Technology
Prime Minister Narendra Modi For large scale technology infusion in implementation of the scheme leading to increasing transparency and claim calculation and settlement, the Union Cabinet has also approved creation of Fund for Innovation and Technology (FIAT) with a...
