by AIP Online Bureau | Aug 22, 2024 | Workplace/Employee Benefits
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by AIP Online Bureau | Aug 21, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Malawi had a drought insurance policy through the bank and the African Risk Capacity Group, an agency of the African Union. The funds will support food assistance to around 235,000 households in some of Malawi’s hardest-hit regions and also help with direct relief...
by AIP Online Bureau | Aug 21, 2024 | Disaster & Management, International News
Six people were likely trapped inside the Bayesian when it was hit by a tornado near Porticello, Sicily, and were unable to escape, according to authorities Italian divers on Wednesday retrieved four bodies from a sunken yacht off Sicily, where British tech...
by AIP Online Bureau | Aug 21, 2024 | Facts, Health, Technology
The wife had, in her plea, sought permission to extract and cryopreserve the gametes of her husband, Her lawyers told the court that it was impossible to get informed written consent of the husband and if the matter was delayed any further, the worst may happen Kochi:...
by AIP Online Bureau | Aug 21, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Policy, Risk Management
S. Vatsa, one of the three members of the National Disaster Management Authority, said of the Rs 2500 crore ($298 million), Mumbai, Chennai and Kolkata would each receive Rs 500 crore, while Ahmedabad, Hyderabad, Bengaluru and Pune will get 250 billion rupees each. No...
by AIP Online Bureau | Aug 20, 2024 | Articles, Eco/Invest/Demography, Life, Non-Life, Technology
Swayamjit Mishra, Managing Director & Partner, Leads Technology in Insurance for BCG India, said, “The obvious & disruptive moves by insurers have been made, now winners will take the more difficult and bold step of attacking the core. The aim with the core is...
by AIP Online Bureau | Aug 20, 2024 | Briefs, Eco/Invest/Demography, Life
SBI Life Insurance has acquired an additional 7.75 lakh shares of Krishna Institute of Medical Sciences (KIMS) at a price of Rs 184 crore through open market transactions, as reported on Tuesday. According to data from the BSE, SBI Life Insurance Company purchased...
by AIP Online Bureau | Aug 20, 2024 | Briefs, Eco/Invest/Demography, Life
Life Insurance Corporation of India (LIC) on Monday said it has sold a 2.09 per cent stake in state-owned Hindustan Copper for Rs 447 crore through an open market transaction. The insurance behemoth has sold a total of 2,01,62,682 shares, or 2.085 per cent stake, in...
by AIP Online Bureau | Aug 20, 2024 | Data, Eco/Invest/Demography, Non-Life, Technology, Wealth Management/ Philanthropy
Industry experts say that 1,200-1,300 luxury cars are likely to be sold in the Indian market this year. In 2023, sales more than doubled to 1,000 units in the top-end car segment New Delhi: The shifting ‘generational mindset’ in India is fuelling the...
by AIP Online Bureau | Aug 20, 2024 | Workplace/Employee Benefits
Insurance Council of Australia (ICA) and Planning Institute of Australia (PIA) have together called on local, state and federal governments to reduce vulnerability to natural hazards and to make progress on much needed reforms against a backdrop of growing housing...