by AIP Online Bureau | Aug 27, 2024 | Indian News, Risk Management, Technology
Akhil Jayaprakash, Co-founder of Pulse Energy strategic partnership(L) Charu Kaushal, managing director, Allianz Partners India(R) announced strategic partnership to provide host of services to Electric Vehicle Owners in India The association will provide a...
by AIP Online Bureau | Aug 27, 2024 | International News, Non-Life, Reinsurance
“His deep expertise and dedication to excellence make him a perfect addition to our team as we work to strengthen our operations and provide exceptional value to our clients,” said Franz-Josef Hahn, CEO of Peak Re Zurich: Peak Reinsurance Company, a Hong Kong- based...
by AIP Online Bureau | Aug 26, 2024 | Workplace/Employee Benefits
The British-flagged Bayesian, a 56-meter-long (184-foot) yacht, was carrying 22 people when it capsized and sank on Monday within minutes of being hit by a pre-dawn storm while anchored off northern Sicily. Italian prosecutors have placed under investigation the...
by AIP Online Bureau | Aug 26, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology, Workplace/Employee Benefits
Under the laws, that came into effect on Monday,employers face fines of up to A$93,000 ($63,000) for getting in touch with an employee for non-essential reasons outside of working hours Australians can now legally ignore unreasonable after-hours work calls and emails...
by AIP Online Bureau | Aug 26, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy
“Only a few AYUSH medicines are available in common medical stores, due to which patients and doctors prescribing these medicines face problems. The government wants to ensure AYUSH drugs come into the market in abundance after research. These medicines should...
by AIP Online Bureau | Aug 26, 2024 | Health, Indian News, Intermediaries, Life, Non-Life
Paramount TPA is owned by Nayan Shah family and Fairfax Asia, which had picked up 51 % in the company in 2020 With the acquisition of Paramount TPA, Medi Assist TPA market share will grow to 36.6% for the group segment and 23.6% of the health insurance industry, by...
by AIP Online Bureau | Aug 25, 2024 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy
As per the Maharashtra cabinet’s decision, UPS will be effective from March this year and will benefit all state government employees, an official said Mumbai: The Maharashtra cabinet on Sunday decided to implement for state government employees the Unified Pension...
by AIP Online Bureau | Aug 25, 2024 | Banking & Bancassurance, Health, Indian News, Life, Non-Life, Regulation
The committee of creditors (CoC) has expressed concerns that bankers to IndusInd International Holdings Ltd (IIHL) have imposed numerous conditions for offering Rs 7,300 crore debt and some of these conditions can only be met by IIHL after the resolution plan has been...
by AIP Online Bureau | Aug 25, 2024 | Banking & Bancassurance, Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Banks have traditionally dominated the organized gold loan market, holding over 75 percent of the market share. Nearly 80 percent of these are given for agricultural gold loans. In contrast, NBFCs have focused on retail gold loans against jewelry, with their share...
by AIP Online Bureau | Aug 25, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Reinsurance
Participants in “Insurance for All” Vision Meet, hosted by insurance councils over two days on August 23rd and 24th, 2024, in Mumbai, explored the necessity of diversifying insurance products and providers to better reflect the diverse demographics of...
