by AIP Online Bureau | Aug 2, 2024 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Regulation, Technology
By selling insurance directly to consumers, Tesla could potentially offer lower-cost EV insurance products, which are usually more expensive than those for gasoline cars Beijing: Tesla registered an insurance broking firm in China at the end of July, based on a...
by AIP Online Bureau | Aug 2, 2024 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
This represents a major strategic move for AXA, Europe’s second-biggest insurer, as it aims to focus on its core businesses: life insurance, savings, property and casualty policies as well as health insurance Paris: BNP Paribas is in exclusive talks with French...
by AIP Online Bureau | Aug 2, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
The IPO market in India continued to be robust. The capital markets saw all-time highs during Q2’24, feeding the appetite of venture companies looking to raise funds in the public markets New Delhi: Venture capital (VC) investment in India surged considerably to $4...
by AIP Online Bureau | Aug 2, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy, Technology
During the investigation, as many as 373 fake Ayushman Cards have been identified wherein claims of about Rs 40.68 lakh (approx) were made for reimbursement from the government in the name of treatments given to the said Ayushman Card beneficiaries, the ED release...
by AIP Online Bureau | Aug 2, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
The draft notification suggests a complete ban on mining, quarrying, and sand mining, with existing mines to be phased out within five years ”from the date of issue of the final notification or on the expiry of the existing mining lease, whichever is earlier”.It also...
by AIP Online Bureau | Aug 2, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Policy
In a post on X, Air India stated, “In view of the ongoing situation in parts of the Middle East, we have suspended scheduled operation of our flights to and from Tel Aviv with immediate effect up to and including 08 August 2024.” New Delhi: Amid escalating tensions in...
by AIP Online Bureau | Aug 2, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology, Workplace/Employee Benefits
Speaking on CNBC, Bastian said Wednesday that the monetary amount represents lost revenue as well as “the tens of millions of dollars per day in compensation and hotels” for the five-day period. Delta Air Lines CEO Ed Bastian says the airline is facing $500 million in...
by AIP Online Bureau | Aug 2, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life
Hinduja owned IIHL failed to meet the deadline of July 31. On August 1, Vistra ITCL, the trusteeship acting on behalf of the CoC, wrote a letter to IIHL that it had defaulted on the NCLT order, now lenders reserve their rights and remedies as per the resolution plan...
by AIP Online Bureau | Aug 2, 2024 | Data, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Technology, Workplace/Employee Benefits
The report stated that a total of 78,923 never-before-seen malware variants were identified in the first five months of 2024. The threat landscape remains complex, with over 500 strains of new variants discovered each day, the report said New Delhi: Malware attacks in...
by AIP Online Bureau | Aug 2, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
“The country is grappling with climate change, where floods, heavy rainfall, cloudburst and drought-like emergent situations have occurred in many states. For this, we will have to take steps by adopting a scientific approach, with the participation of all, by...
