by AIP Online Bureau | Jul 5, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The money from African Risk Capacity is expected to benefit 509,000 households. The government directly received a payment of $16.8 million Zimbabwe received $31.8 million from African Risk Capacity, an arm of the African Union, as part of an insurance payout for the...
by AIP Online Bureau | Jul 5, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology
German insurer Allianz is insurance partner for the Games. Other insurers, such as the Lloyd’s of London market, are also providing cover. “We are all aware of the geopolitical situation the world is in,” said Eike Buergel, head of Allianz’s Olympic and...
by AIP Online Bureau | Jul 5, 2024 | Indian News, Policy, Workplace/Employee Benefits
The court ruled that maternity leave should be granted to the employees who become mothers through surrogacy to ensure equal treatment and support for all new mothers, irrespective of how they become parents Bhubaneswar: Orissa High Court has recently ruled that...
by AIP Online Bureau | Jul 5, 2024 | Eco/Invest/Demography, Indian News, Regulation
“In order to promote ease of doing business and bring about uniformity in dealing with appeals, based on consultation with stakeholders, including CRAs (Credit Rating Agencies), it has been decided to provide specific timelines for dealing with appeals made by...
by AIP Online Bureau | Jul 5, 2024 | Briefs, Life, Pension & Social Security, Wealth Management/ Philanthropy
Shriram Life Insurance has launched an affordable annuity plan that balances long-term savings growth along with insurance protection. Individuals aged 40 and up until the age of 75 can purchase Shriram Life Deferred Annuity Plan, which offers tax benefits as well as...
by AIP Online Bureau | Jul 5, 2024 | Eco/Invest/Demography, Indian News, Technology, Wealth Management/ Philanthropy
Piyush Goyal, Union Minister of Commerce Goyal said that technological progress in the drone industry will help combat erratic weather patterns and assist farmers in getting higher quality and higher quantity yields. New Delhi: Stock market has risen four times in the...
by AIP Online Bureau | Jul 5, 2024 | Banking & Bancassurance, Data, Eco/Invest/Demography, Life, Non-Life
The names of the six companies to whom shares have been allotted are Life Insurance Corporation of India, HDFC Life Insurance Company, Aditya Birla Sun Life Insurance Company, Bajaj Allianz Life Insurance Company, ICICI Lombard General Insurance Company and SBI...
by AIP Online Bureau | Jul 5, 2024 | Eco/Invest/Demography, Indian News, Technology
“We are beginning to see a very different weave of AI-Application companies in India, the companies that are leveraging AI to build useful applications where investments can be seen. These companies are working across sectors such as consumer applications,...
by AIP Online Bureau | Jul 4, 2024 | Indian News, Intermediaries, Life, Technology
Siddartha Mohanty, CEO & MD, Life Insurance Corporation To continue its legacy of agency-led growth, LIC has embarked on an ambitious mission “Jeevan Samarth” that aims on future-proofing its entire ~14 Lakh agent workforce to meet the rapidly evolving needs of...
by AIP Online Bureau | Jul 4, 2024 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life
Chief Minister Himanta Biswa Sarma chaired a meeting on the flood situation with all District Commissioners late on Wednesday night and directed them to be liberal in granting relief as per norms, complete all rehabilitation claims as per norms before August 15 and...