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WTW to sell insurance distribution unit to public-equity firm for $632.4 million

by AIP Online Bureau | Oct 1, 2024 | Health, Intermediaries, International News, Non-Life

“With the sale of Tranzact, we are exiting this direct-to-consumer market and accelerating our progress toward our long-term free cash flow margin goals,” WTW CEO Carl Hess said Willis Tower Watson said Tuesday it would sell its direct-to-consumer insurance...
Tesla, Musk beat shareholder lawsuit over self-driving promises

Tesla, Musk beat shareholder lawsuit over self-driving promises

by AIP Online Bureau | Oct 1, 2024 | Eco/Invest/Demography, International News, Risk Management

Elon Musk,CEO,Tesla U.S. District Judge Araceli Martinez-Olguin in San Francisco said shareholders failed to show Tesla and Musk should be liable for falsely promising they were close to delivering technology that would drive safer than humans, but that was actually...

Public spending on health overtakes out-of-pocket expenditure in India: Report

by AIP Online Bureau | Oct 1, 2024 | Data, Eco/Invest/Demography, Health, Policy

“For the first time in Indian History public spending on #Health overtakes out-of-pocket expenditure proves PM @narendramodi govt commitment to Healthier Citizens per capita govt expenditure on #healthcare tripled from 2013-14 to 2021-22,” said Prof...

1,492 people died in extreme weather events in 2024 monsoon season

by AIP Online Bureau | Oct 1, 2024 | Disaster & Management, Eco/Invest/Demography, Indian News

The data also revealed that Madhya Pradesh recorded the highest number of deaths (189) due to thunderstorms and lightning strikes, followed by Uttar Pradesh (138), Bihar (61), and Jharkhand (53) New Delhi: A total of 1,492 people died in India during extreme weather...

Escalating conflict hurts India’s trade with West Asian countries

by AIP Online Bureau | Oct 1, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management

Disruptions in key shipping routes, particularly through the Suez Canal and Red Sea, have forced vessels to take longer paths around the Horn of Africa, leading to a 15-20 per cent increase in shipping costs New Delhi: The escalating conflict in West Asia is hurting...

Experts welcome Union Health Ministry’s draft Bill on passive euthanasia

by AIP Online Bureau | Oct 1, 2024 | Eco/Invest/Demography, Health, Indian News, Policy

The guidelines also lay out conditions such as if the individual has been declared brainstem dead, or if there is a medical prognostication and considered opinion that the patient’s disease condition is advanced and not likely to benefit from aggressive...

UK closes its last coal power plant, to generate all of its energy from renewable sources by 2030

by AIP Online Bureau | Oct 1, 2024 | Workplace/Employee Benefits

The shutdown makes Britain the first country from the Group of Seven major economies to phase out coal — though some other European nations, including Sweden and Belgium, got there sooner. The UK government hailed the closure as a milestone in efforts to generate all...

Sleep apnoea: How Apple Watch Series 10 can spot the risk as cases rise in India

by AIP Online Bureau | Oct 1, 2024 | Facts, Health, Technology

According to the tech giant, every 30 days, Apple Watch Series 10 will analyse breathing disturbance data and notify users if it shows consistent signs of moderate to severe sleep apnoea so they can speak to their doctor about next steps, including potential diagnosis...
Sebi decides to introduce new asset class; ‘MF Lite’ framework for passive funds

Sebi decides to introduce new asset class; ‘MF Lite’ framework for passive funds

by AIP Online Bureau | Oct 1, 2024 | Eco/Invest/Demography, Indian News, Regulation, Wealth Management/ Philanthropy

Madhabi Puri Buch,chairperson, Sebi The board cleared 17 proposals, including an amendment to insider trading rules to clarify the definitions of ‘connected person’ and ‘immediate relative’ and relaxed eligibility criteria and compliance requirements for investment...

10 new Insurance Ombudsmen selected

by AIP Online Bureau | Sep 30, 2024 | Health, Indian News, Main Menu, Non-Life

The new Insurance Ombudsmen are -Sarojini S Dikhale, for Mumbai,  Umesh Sinha, Thane, K Vinayak Rao, Chennai, Alka Jha, Chandigarh, Neerja Kapur, Bengaluru, Ajay K Sharma, Guwahati, Pradeep K Jain, Kochi,  G Sobha Reddy, Hyderabad,Satyajeet Ranjan, Jaipur,...
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