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...
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...
by AIP Online Bureau | Aug 20, 2024 | Health, Indian News, Policy, Risk Management
“We are deeply concerned that there is a virtual absence of safe work conditions across the country, particularly in public hospitals. Most of the young doctors have to put in 36 hours of work.” The 10-member task force headed by Vice Admiral Arti Sarin has been...
by AIP Online Bureau | Aug 20, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Regulation
In his petition, Swamy alleged Axis Bank made undue profits totalling Rs 4,000 crore from the sale and purchase of equity shares of Max Life in a non-transparent manner and in violation of the applicable regulations New Delhi: Stating that it should not act as a...
by AIP Online Bureau | Aug 20, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Reinsurance, Risk Management, Technology
L to R- Vivek Joshi, secretary, Department of Financial Services, Nirmala Sitharaman, Union Minister for Finance and Corporate Affairs and M. Nagaraju, secretary-designate, DFS. at at a meeting in New Delhi to review the performance of public sector Banks (PSBs) The...
by AIP Online Bureau | Aug 19, 2024 | Eco/Invest/Demography, Indian News, Pension & Social Security, Risk Management
Around 20,000 workers are part of the group of port workers’ unions, and all of them would join the strike. The immediate impact of the strike might not be grave, but if it goes on for more than two to three days, the ramifications would be severe, said Sathya...
by AIP Online Bureau | Aug 19, 2024 | Eco/Invest/Demography, Health, Indian News, Risk Management
P K Mishra, Principal Secretary to the Prime Minister “The virus strain this time is different and is more virulent and infectious. But the risk of a large outbreak with sustained transmission is low in the country as per the current assessment,” an...
by AIP Online Bureau | Aug 19, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Regulation, Reinsurance
UK is missing out on a market that’s estimated to reach $161 billion globally by 2030, the letter said. The US, France and Italy have all introduced regimes to bring captives onshore according to a letter written to Chancellor Rachel Reeves by senior figures in the UK...
by AIP Online Bureau | Aug 19, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The impact would, of course, be huge. Insurers estimate a $300 billion hit to the economy, equivalent to 27% of gross domestic product, according to a senior person in the industry. That would be three times the estimate from last year’s disaster. About $25-$30...
