by AIP Online Bureau | Jul 12, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy
Among other plans, the government intends to introduce succession planning in majority-owned companies alongside a proposal to train 230,000 managers across firms to prepare them for senior roles, the officials said. The government is likely to implement a plan that...
by AIP Online Bureau | Jul 12, 2024 | Eco/Invest/Demography, Indian News, Policy
“The population of India, which is expected to remain the world’s largest throughout the century, will likely decline by 12 per cent after reaching its peak in the early 2060s at about 1.7 billion,” the UN report published by the United Nations...
by AIP Online Bureau | Jul 12, 2024 | Data, Eco/Invest/Demography, Non-Life
As per the data issued by Society of Indian Automobile Manufacturers (SIAM), two-wheeler wholesales rose 21 per cent to 16,14,154 units last month, as compared with 13,30,826 units in June 2023. New Delhi: Passenger vehicle wholesales in India rose 3 per cent...
by AIP Online Bureau | Jul 12, 2024 | International News, Non-Life, Reinsurance, Risk Management
The Panama-flagged “Ultra Galaxy” ran aground close to Doring Bay, some 300 km north of Cape Town, late on Tuesday after it started listing badly. The ship was abandoned by its 18-strong Filipino crew while still at sea and concerns have since risen over...
by AIP Online Bureau | Jul 12, 2024 | Disaster & Management, International News, Non-Life, Reinsurance, Risk Management
“No injury to the crew has been reported, no pollution, no strong damage to the vessel which remains fully seaworthy,” the company said, adding that 33 additional containers had been damaged French shipping and logistics company CMA CGM said on Thursday that its ship...
by AIP Online Bureau | Jul 12, 2024 | Eco/Invest/Demography, International News, Risk Management
But 87% of the reserve managers surveyed flagged further escalation in geopolitical conflicts as the biggest threat to this benign outcome, and 41% said they are diversifying their investments more across regions and currencies fearing an escalation of tensions...
by AIP Online Bureau | Jul 11, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Triggered a record $44 million payout to the nation of Grenada from a regional catastrophe insurance fund Insurers in the United States may take a hit of about $2.7 billion from damage caused by Hurricane Beryl, catastrophe modeling company Karen Clark & Co (KCC)...
by AIP Online Bureau | Jul 11, 2024 | Health, International News, Risk Management
Data from the researcher, Synapse Labs Pvt. Ltd., may have been used in hundreds of drugs, which remain available for sale on pharmacy shelves and in Americans’ medicine cabinets Generic versions of erectile dysfunction drugs Viagra and Cialis, among other...
by AIP Online Bureau | Jul 11, 2024 | Eco/Invest/Demography, Health, Indian News
A bench comprising Chief Justice D Y Chandrachud and justices JB Pardiwala and Manoj Misra took note of the submissions of lawyer and petitioner Gaurav Kumar Bansal that effective steps are needed to deal with the rising number of suicide cases and asked the Centre to...
by AIP Online Bureau | Jul 10, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Regulation
The European Securities and Markets Authority acknowledged that complying with the new European Sustainability Reporting Standards creates “challenges” for companies, and the first reports, due next year for the largest firms, will constitute a “milestone in the...
