by AIP Online Bureau | Jun 21, 2024 | Data, Eco/Invest/Demography, Policy
India increased the number of millionaires in the country by 85 per cent in the last decade. With 326,400 HNWIs, India ranks 10th in the world regarding the number of millionaires. New Delhi: Buoyed by overall economic development, India has stemmed its wealth exodus,...
by AIP Online Bureau | Jun 19, 2024 | Indian News, Non-Life, Reinsurance
`For FY 25, the company is targeting to grow its premium income in a single digit of around 5 per cent to 8 per cent. With continued efforts on claim management initiatives, the company is confident of maintaining the healthy claims ratio and confident of making the...
by AIP Online Bureau | Jun 19, 2024 | Indian News, Non-Life, Policy
Girija Subramanian, CMD, New India Assurance This is also for the first time a serving CMD of a state owned insurance company had appeared for the interview for selecting a CMD of another PSU insurer New Delhi: Girija Subramanian, 58, CMD, Agriculture Insurance...
by AIP Online Bureau | Jun 19, 2024 | Eco/Invest/Demography, Health, Indian News, Risk Management, Technology
India had the third largest number of people with obesity as of 2022, behind China and the US, according to a study in The Lancet, with numbers surging as junk food consumption becomes more commonplace. The country has about 80 million obese and 225 million overweight...
by AIP Online Bureau | Jun 19, 2024 | Data, Technology
This state-of-the-art device reflects the company’s dedication to meeting the emergent demands of customers and adapting to the technological advances shaping the market. The 2.5 kw AC mobile charging system, including a battery pack and inverter, delivers 230V...
by AIP Online Bureau | Jun 19, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology
“The bill will impact various sectors and domains of the digital economy, including user experience, data protection and security, supply chains, investments, business costs for MSMEs and consumer affordability. It is also likely to impact non-digital domains,...
by AIP Online Bureau | Jun 19, 2024 | Indian News, Non-Life, Policy, Regulation
The acquisition of Kotak General Insurance sets the way forward for Zurich to be a leading player in a very significant growth market – India. This is a key strategic step for Zurich,” said Tulsi Naidu, CEO – Asia Pacific, Zurich Insurance Group Mumbai: Zurich...
by AIP Online Bureau | Jun 18, 2024 | Eco/Invest/Demography, Health, International News
The suit is the latest salvo in the ongoing legal battle between J&J and former talc users, who allege the world’s largest maker of health-care products hid the cancer risks of its iconic baby powder for almost half a century. J&J is seeking the backing from...
by AIP Online Bureau | Jun 18, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
In practice, the Liberia’s move may well prove symbolic. There are only three vessels covered by Ingosstrakh that sail under the flag of Liberia and none of them are oil tankers, according to a vessel database maintained for the International Maritime Organization The...
by AIP Online Bureau | Jun 18, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management
Around 15.5 billion metric tons of carbon dioxide are generated every year by 2,000 gigawatts of coal power. The International Energy Agency says emissions need to reach zero by 2040 if temperature rises are to remain within the threshold of 1.5 degrees Celsius The...
