by AIP Online Bureau | Nov 9, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Another rating agency S&P has said the catastrophic flash floods that hit the Valencia region on Oct. 29 will have limited effects on private insurers and reinsurers. Around 4,500 businesses in the Valencia area have been directly affected, half of which face...
by AIP Online Bureau | Nov 9, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
DIIs have been a strong buyer absorbing the selling and mitigating the fall. They infused more than Rs 1 lakh crore in Indian equities in October, keeping the stock market healthy compared to its global peers. After the massive FII selling of Rs 113,858 crore in...
by AIP Online Bureau | Nov 8, 2024 | Eco/Invest/Demography, Features, Health, Policy, Risk Management
“Cancer rates are rising in India and have seen an upward trend in annual incidence rate. Currently, India records more than 14 lakh new cancer patients every year, and close to 9 lakh people die of it annually,” Dr. Abhishek Shankar, Assistant Professor, Department...
by AIP Online Bureau | Nov 8, 2024 | Eco/Invest/Demography, Indian News, Pension & Social Security, Technology
Mansukh Mandaviya, Minister of Labour & Employment In CPPS, there will be no need for pensioners to visit the bank for any verification at the time of commencement of pension and the pension shall be immediately credited upon release, a labour ministry statement...
by AIP Online Bureau | Nov 8, 2024 | Events
“Pathways to Inclusive Insurance – A Vision for 2047″India InsurTech AssociationAnnual Event 2024November 20, 2024Jio World Convention Centre, Mumbai,...
by AIP-Developer | Nov 8, 2024 | Features
Every year, the reinsurance world converges on Monte Carlo for the Rendez-Vous de Septembre, a key event that sets the tone for the industry, ahead of the crucial January renewal season. This year it happened during 7 – 11 September. Asia Insurance Post had...
by AIP Online Bureau | Nov 8, 2024 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life
“And if the FDI route is also opened that will only augment the domestic investment as well, otherwise, domestic investment may get crowded out. … perhaps its time to open up for 100 per cent FDI so more players who want to come and operate on their own terms...
by AIP Online Bureau | Nov 8, 2024 | Indian News, Life, Regulation
Siddhartha Mohanty, CEO & MD, LIC LIC’s plan to pick up some stakes in a stand alone health insurer is in progress and should be announced in the current fiscal,” Siddhartha Mohanty, CEO & MD, LIC Mumbai: Life insurance behemoth Life Insurance...
by AIP Online Bureau | Nov 8, 2024 | Health, Indian News, Non-Life, Policy
The plea, which sought inclusion of the practices in PM-JAY, also known as Ayushman Bharat, said the inclusion would allow a significant portion of the country’s population to avail affordable healthcare benefits and wellness in various serious diseases, apart from...
by AIP Online Bureau | Nov 8, 2024 | International News, Non-Life, Reinsurance
Clemens Jungsthöfel , CFO and CEO designate, Hannover Re Further Christian Hermelingmeier, 43, CFO, HDI Global SE, moves within the Group as CFO to Hannover Re from 1 April 2025. His successor at HDI Global SE will be Stefan Pasternak, 50. Currently, he is CFO at...