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Robust economies set to drive global insurance growth and profitability, says Swiss Re

Robust economies set to drive global insurance growth and profitability, says Swiss Re

by AIP Online Bureau | Jul 16, 2024 | Eco/Invest/Demography, International News, Life, Non-Life, Policy

Jérôme Haegeli, Group Chief Economist, Swiss Re Jérôme Haegeli, Swiss Re’s Group Chief Economist says, “The insurance industry has reached a new equilibrium after the challenges of recent years. The global economy has surprised on the upside, which should...

Budget FY25: Healthcare leaders call for scaling up infra, medical tourism & tax reforms

by AIP Online Bureau | Jul 16, 2024 | Health, Indian News, Policy, Technology

Chronic diseases, building climate-resilient health structures, and the one health policy may be some of the other critical areas to target New Delhi: Prioritising and scaling up investment, infrastructure, medical tourism, and tax reforms will be key to creating a...

Be wary of scams as Amazon Prime Day kicks off, experts warn

by AIP Online Bureau | Jul 16, 2024 | International News, Risk Management, Technology

In updated guidance published last week, the Better Business Bureau reminded consumers to watch out for lookalike websites, too-good-to-be-true social media ads, and unsolicited emails or calls during sales events this month.Consumers might need to be more vigilant...
Google in talks to buy Wiz in $23 billion cyber deal

Google in talks to buy Wiz in $23 billion cyber deal

by AIP Online Bureau | Jul 16, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology

The acquisition of Wiz could help Google catch up to Microsoft Corp. and Amazon.com Inc. in an increasingly competitive cloud market. Google parent Alphabet Inc. is in talks to acquire cybersecurity startup Wiz Inc., according to a person familiar with the matter. A...

Ships fleeing the Red Sea now face perilous African weather

by AIP Online Bureau | Jul 14, 2024 | International News, Non-Life, Reinsurance

Storms near the African coastline are playing havoc with the key route that vessels have been using to avoid attack by Yemen’s Houthi militants in the Red Sea. Container ships in particular have diverted thousands of miles around the continent, instead of running the...

Insurers hike rates as extreme storms like Beryl proliferate

by AIP Online Bureau | Jul 14, 2024 | Eco/Invest/Demography, International News, Non-Life

Global insurance giant Swiss RE expects the broader sector’s return on equity, a key measure of profit, to grow 9.5% in 2024, well above last year’s 3.4% growth Destructive storms like Hurricane Beryl that knocked out power to 3 million homes and businesses in Texas...

Case study highlights hidden health risks of prolonged exposure to pigeons

by AIP Online Bureau | Jul 14, 2024 | Data, Health

Hypersensitivity Pneumonitis results from inflammation, brought about by the immune system in response to repeated exposure to certain environmental substances, such as bird allergens, moulds and fungi. Second-hand exposure to e-cigarettes too could result in an...

Mutual funds raise Rs 14,370 crore via new fund offers in June

by AIP Online Bureau | Jul 14, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Investment in the mutual fund industry is continuously increasing. In June, inflow figures stood at Rs 40,608 crore. There was an inflow of Rs 34,697 crore in May with NFOs investment of Rs 9,563 crore Mumbai: Mutual fund industry witnessed strong inflow via new fund...
Union Health Minister J P Nadda reviews Ayushman Bharat and Ayushman Bharat Digital Mission

Union Health Minister J P Nadda reviews Ayushman Bharat and Ayushman Bharat Digital Mission

by AIP Online Bureau | Jul 14, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy

J P Nadda,Union Minister of Health and Family Welfare Scheme has achieved significant milestones in terms of 34.7 crore Ayushman Cards, 7.35 crore hospital admissions amounting to more than ₹1 lakh crore NHXC has been developed by NHA in collaboration with Insurance...

One in two medical prescriptions issued in India deviated from standard guidelines Study

by AIP Online Bureau | Jul 14, 2024 | Data, Health

The researchers found that among the 475 prescriptions they deemed to show unacceptable deviations from the standard guidelines, pantoprazole was prescribed the most often — in 54 of them New Delhi: Nearly one in every two medical prescriptions issued in India...
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