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Dispelling Myths: Insurance Ideas

Dispelling Myths: Insurance Ideas

by AIP Online Bureau | Jun 28, 2024 | Articles, Eco/Invest/Demography, Health, Non-Life, Risk Management

Insurance awareness doesn’t stop at understanding the importance of insurance or the urgency to purchase it; knowing how much coverage is sufficient is also a key challenge that we, as insurers, aim to address Vikas Mittal, Deputy CEO, Magma HDI General...

Centre asks depts to timely review employees’ working to prematurely retire non-performers

by AIP Online Bureau | Jun 28, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

In an order, the Department of Personnel and Training (DoPT) asked ministries concerned to direct the public sector undertakings (PSUs), banks, autonomous institutions and statutory bodies under their administrative control to undertake the exercise of periodic review...
Health Minister JP Nadda to unveil 3 initiatives on Ayushman Bharat Health

Health Minister JP Nadda to unveil 3 initiatives on Ayushman Bharat Health

by AIP Online Bureau | Jun 28, 2024 | Health, Indian News, Non-Life, Regulation

JP Nadda,Union Minister for Health and Family Welfare The Union Health Minister will launch a virtual National Quality Assurance Standards (NQAS) assessment for Ayushman Arogya Mandirs (AAM) Sub-centres. This will represent a significant innovation in the quality...
Budget fy25: Health experts urge FM to allow co-payment scheme for Ayushman Bharat in pvt hospitals, subsidise vaccines

Budget fy25: Health experts urge FM to allow co-payment scheme for Ayushman Bharat in pvt hospitals, subsidise vaccines

by AIP Online Bureau | Jun 28, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy

Nirmala Sitharaman, Union Finance Minister The experts also highlighted that, under the Ayushman Bharat Scheme, patients often need to go to private hospitals because 85 per cent of tertiary care beds are in the private sector. They suggested implementing a co-payment...
RBI Governor underscores need to eliminate biases in algorithms as artificial intelligence and machine learning

RBI Governor underscores need to eliminate biases in algorithms as artificial intelligence and machine learning

by AIP Online Bureau | Jun 28, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Technology

Shaktikanta Das,Governor, Reserve Bank of India RBI Governor Shaktikanta Das highlighted efforts by the RBI to harness digital footprints and computing power to analyze expectations, sentiment indicators, and policy credibility from alternative data sources. The...
Centre to conduct thorough check of airports, says Civil Aviation Minister

Centre to conduct thorough check of airports, says Civil Aviation Minister

by AIP Online Bureau | Jun 28, 2024 | Indian News, Policy, Risk Management

Union Civil Aviation Minister Ram Mohan Naidu Kinjarapu, who visited the Terminal-1 site soon after the incident, said, “We will conduct a thorough check on all the airports that come under our purview…we will make the necessary report and see if there is a...

Wage negotiations for all PSU general insurers to begin soon

by AIP Online Bureau | Jun 27, 2024 | Indian News, Non-Life, Policy

GIPSA informed deputy central labour commissioner on Thursday that the performance of all PSU general insurance companies has improved and they were are awaiting DFS go ahead for calling unions for wage revision negotiation. In turn, deputy CLC advised the DFS and...

Truecaller partners with HDFC ERGO for Fraud Insurance in India

by AIP Online Bureau | Jun 27, 2024 | Indian News, Non-Life, Reinsurance, Technology

Alan Mamedi, CEO, Truecaller commented, “Despite offering the world’s best caller identification and fraud protection services, some of our users unfortunately can become victims of criminal fraud. We want to be able to offer peace of mind by protecting...
Nifty surpasses 24,000 for 1st time, Sensex goes past 79,000 after sharp bull run

Nifty surpasses 24,000 for 1st time, Sensex goes past 79,000 after sharp bull run

by AIP Online Bureau | Jun 27, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

The market capitalization of BSE-listed firms hit a lifetime high of Rs 4,38,41,960.73 crore (USD 5.25 trillion), with investors’ wealth increasing by Rs 3.93 lakh crore in just four sessions. Noteworthy, it took the BSE benchmark merely two sessions to move...
Ayushman Bharat health scheme to provide free treatment to all aged above 70 years: Prez

Ayushman Bharat health scheme to provide free treatment to all aged above 70 years: Prez

by AIP Online Bureau | Jun 27, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Reinsurance

President Droupadi Murmu The Government is going to take yet another decision in this area. Now all the elderly above 70 years of age will also be covered and get the benefit of free treatment under Ayushman Bharat Yojana,’ President Droupadi Murmu said while a...
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