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112 died in 3 years after free treatment at pvt hospital under lens for botched angioplasty

by AIP Online Bureau | Dec 8, 2024 | Health, Indian News, Non-Life, Policy, Risk Management

The investigations have showed the hospital organised free check-up camps in villages to convince PMJAY cardholders to undergo angioplasty despite no medical necessity for the procedure. People were falsely registered under “emergency” category to expedite government...
Senior care sector experts should help us draft policies: NITI Aayog

Senior care sector experts should help us draft policies: NITI Aayog

by AIP Online Bureau | Dec 8, 2024 | Eco/Invest/Demography, Health, Indian News, Policy

Projections show that by 2050, one in five Indians will be a senior citizen. Yet the sector has a mere 1.3 per cent penetration, while mature markets are at 6 per cent, presenting a remarkable 10 – 15 billion US dollar opportunity for the senior living sector...

UnitedHealthcare CEO’s shooting opens door for many to vent frustrations over insurance

by AIP Online Bureau | Dec 8, 2024 | Eco/Invest/Demography, International News, Non-Life, Risk Management

In particular, the words written on ammunition found at the shooting scene — “delay,” “deny” and “depose,” echoing a phrase used to describe how insurers dodge claim payouts — amplified voices that have long been critical of the...

Globally, Natcats result in $133bn economic and $ 51bn of insured losses: Munich Re

by AIP Online Bureau | Dec 7, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The costliest typhoon in Asia – and the third-costliest cyclone of the season worldwide – was Typhoon Yagi. It struck the Philippines, the Chinese island of Hainan, and the southern tip of the Chinese province of Guangdong as an extreme storm before making landfall in...

Investigation finds Rio Tinto legacy Bougainville mine poses life-threatening risks

by AIP Online Bureau | Dec 7, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

The findings, released in a report on Friday, included “imminent, life-threatening risks posed by the collapsing mine pit, levees and infrastructure,” as well as ongoing contamination of the Jaba-Kawerong river Rio Tinto recognises the gravity of the...
RBI guv meets FM two days before end of his extended term

RBI guv meets FM two days before end of his extended term

by AIP Online Bureau | Dec 7, 2024 | Banking & Bancassurance, Indian News, Regulation

Shaktikanta Das,Governor,Reserve Bank of India With the three-year-extension granted to Das, he is already one of the longest serving RBI governors in its 90-year history. New Delhi: A day after presenting bi-monthly monetary policy, Reserve Bank Governor Shaktikanta...

Economic threats continue to overshadow climate and cyber risks

by AIP Online Bureau | Dec 7, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

Extreme weather events featured in the G20’s top five risks, as the fifth biggest risk. This follows a year in which many G20 countries – including Brazil, Germany, Indonesia and the U.S. – experienced severe flooding, above-average rainfall, wildfires, extreme heat...

US Healthcare industry rethinks risk after murder of UnitedHealth exec

by AIP Online Bureau | Dec 7, 2024 | Health, International News, Non-Life, Risk Management

Before the shooting, most risk assessment efforts were conducted for medical practices and other healthcare providers, which have faced increasing hostility from the public since the COVID-19 pandemic NEW YORK: Health insurance companies are reassessing the risks for...

FIIs turn buyers, invests Rs 24,453 crore in Dec first week

by AIP Online Bureau | Dec 7, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy, Workplace/Employee Benefits

In October, the total FIIs selling through exchanges was Rs 113,858 crore. In November, the amount declined to Rs 39,315 crore. New Delhi: In a clear change of strategy, the foreign institutional investors (FIIs) have turned buyers, and the stage of relentless FII...
Indian billionaires more than doubled to 185,their total wealth almost tripled to $ 905.6 bn in last 10 yrs, says UBS report

Indian billionaires more than doubled to 185,their total wealth almost tripled to $ 905.6 bn in last 10 yrs, says UBS report

by AIP Online Bureau | Dec 6, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

From 2015 to 2020, billionaire wealth grew globally at an annual rate of 10%. Since 2020, the global average has stalled at 1%. But that number masks continued expansion in the US,EMEA and parts of Asia, most notably India, “Billionaire Ambitions Report...
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