by AIP Online Bureau | Oct 31, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
“India is reported to have the highest number of affected individuals and damage costs, with residential losses being predominant,” the report said New Delhi: Climate change under a high-end emissions scenario could lead to a 16.9 per cent loss in GDP by...
by AIP Online Bureau | Oct 31, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
DII activity came as the cumulative foreign portfolio investor (FPI) selling in equity through the Indian stock exchanges stood at Rs 102,931 crore (till October 24) So far, the DII investments have been around Rs 4.41 lakh crore, with two more months to go, driven by...
by AIP Online Bureau | Oct 30, 2024 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
Gold demand in the world’s second-biggest consumer of the precious metal could stand between 700 and 750 metric tons in 2024, the lowest since 2020 and down from last year’s 761 tons, Sachin Jain, CEO of WGC’s Indian operations, told Reuters. New...
by AIP Online Bureau | Oct 30, 2024 | Health, Indian News, Non-Life
Girija Subramanian, CMD, NIA, said, “It gives me immense satisfaction that the operating metrics have improved, with loss ratio as well as combined ratio being lower than the same period last year with profit after tax showing a 5x increase. While the premium...
by AIP Online Bureau | Oct 30, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy
Data shows that just about 20 per cent are covered by any health insurance with further variation across socio-economic categories, even as the majority of elderly face one or more chronic diseases and with increasing age, the challenges relating to activities of...
by AIP Online Bureau | Oct 30, 2024 | Health, Indian News, Risk Management, Technology
“The more pressing question that remains largely unaddressed is how this sensitive customer data was compromised in the first place. While Star Health has been quick to initiate legal proceedings against Telegram, there has been notably less transparency about...
by AIP Online Bureau | Oct 30, 2024 | Health, Indian News, Life, Non-Life, Technology
K Rajaraman,, chairperson, International Financial Services Centres Authority As `Insurance for All by 2047’ based on the principles of inclusive insurance has become a central objective the Indian government, insurance regulator IRDAI, the IIA Annual Event 2024 ...
by AIP Online Bureau | Oct 29, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management
Total emissions of CO2 into the atmosphere in 2030 will only be 2.6% lower than in 2019, according to the latest climate plans put forward by countries, a synthesis compiled by UN Climate Change said Monday. To be consistent with a goal for a 1.5C warming limit, the...
by AIP Online Bureau | Oct 29, 2024 | Eco/Invest/Demography, Health, Indian News, Policy, Regulation
In line with the government’s commitment to ensure the availability of drugs at affordable prices, the National Pharmaceutical Pricing Authority (NPPA) has issued an office memorandum directing the concerned manufacturers to reduce the MRP on three anti-cancer...
by AIP Online Bureau | Oct 29, 2024 | Eco/Invest/Demography, Indian News, Regulation, Risk Management
The Trai Chief said series of measures taken over the past months by the regulator to combat spam calls and malicious/fraudulent messages is leading to “significant and perceptible clean up of the system” but noted that “more needs to be done”...
