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LIC remains 4th largest global life insurer in S&P’s latest ranking

LIC remains 4th largest global life insurer in S&P’s latest ranking

by AIP Online Bureau | Jan 2, 2025 | International News, Life, Technology

Published a week back, S&P has Allianz SE, ($807 billion, 4.8%), China Life Insurance Co. ($685 billion, 3.9%) and Ping An Insurance (Group) Co.($686 billion,13.3 %) of China Ltd. as the three largest life insurance companies in the world, according to a ranking...

ICMR proposes revised version of National Essential Diagnostics List

by AIP Online Bureau | Jan 2, 2025 | Data, Health, Non-Life, Policy

The district-level hospitals must facilitate CT scan, MRI, mammography and echocardiography, according to the draft guidelines New Delhi: The ICMR has proposed a revised version of the National Essential Diagnostics List (NEDL), which enumerates the minimum number of...

Tribunal awards Rs 1.5 crore compensation to kin of man killed in accident

by AIP Online Bureau | Jan 2, 2025 | Data, Non-Life

The deceased was the proprietor of a labour supplier firm and earning Rs 12.95 lakh annually. The compensation amount included Rs 1.06 crore towards future loss of dependency, Rs 42.68 lakh for income towards future prospects, Rs 15,000 each for the loss of estate and...

General insurers remain bullish on industry’s growth in 2025

by AIP Online Bureau | Jan 2, 2025 | Health, Indian News, Non-Life, Regulation, Reinsurance

“Cyber insurance is expected to gain prominence alongside the adoption of parametric insurance for disaster management and surety bonds as alternatives to traditional bank guarantees in infrastructure projects,” Bajaj Allianz General Insurance MD & CEO...

High nitrate levels in groundwater threaten public health in 440 districts: Report

by AIP Online Bureau | Jan 2, 2025 | Climate, Environment, Renewable Energy, Health, Indian News, Policy

Rajasthan, Karnataka, and Tamil Nadu had over 40 per cent of samples above the limit while there was high contamination in samples from — Maharashtra at 35.74 per cent, Telangana at 27.48 per cent, Andhra Pradesh at 23.5 per cent and Madhya Pradesh at 22.58 per...
High interest rates declining export finance impacting exporters’ competitiveness CII’s Budhia

High interest rates declining export finance impacting exporters’ competitiveness CII’s Budhia

by AIP Online Bureau | Jan 2, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy

“ Export Credit Guarantee Corporation of India (ECGC) currently provides 90 per cent insurance cover for exporters with a credit limit of up to Rs 50 crore. This coverage could be extended to Rs 100 crore, and more banks could be brought into the fold to ensure...

India cut GDP emission intensity by 36 pc during 2005-2020 Govt report

by AIP Online Bureau | Jan 2, 2025 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography, Policy, Regulation

India continues to decouple economic growth from greenhouse gas emissions. Between 2005 and 2020, the emission intensity of India’s GDP declined 36 per cent, India’s fourth Biennial Update Report (BUR-4) submitted to the United Nations Framework Convention...

Commerce min plans to expand food testing infrastructure to boost exports Official

by AIP Online Bureau | Jan 2, 2025 | Eco/Invest/Demography, Health, Indian News, Policy, Regulation, Risk Management

“Though we have taken a number of measures, we are doing a deeper analysis commodity and area-wise. We are trying to find out gaps in our food testing infrastructure. We hope that the study will be over in 2-3 months and after that we will come up with a full...

Brazil says workers at China’s BYD site are victims of human trafficking

by AIP Online Bureau | Jan 2, 2025 | Eco/Invest/Demography, International News, Policy, Regulation

The investigation also brings unwelcome attention to BYD when it is seeking to expand globally after having gained dominance in China, the world’s largest auto market, where it now takes up more than a third of the market of EVs and plug-in hybrids Chinese workers at...
Commercial aviation suffers deadliest year since 2018

Commercial aviation suffers deadliest year since 2018

by AIP Online Bureau | Jan 2, 2025 | International News, Non-Life, Reinsurance, Risk Management, Technology

The spike in fatalities marks a reversal from 2023, which became the safest year ever in aviation with no deaths among large passenger jetliners — typically planes made by Airbus SE and Boeing. Commercial aviation has suffered its deadliest year since 2018 after the...
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