by AIP Online Bureau | Jun 10, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
“Demand for coverage remains strong due to heightened natural catastrophe loss activity and general economic uncertainty,” said Carlos Wong-Fupuy, senior director, AM Best OLDWICK, N.J: International rating agency AM Best has revised its market segment...
by AIP Online Bureau | Jun 9, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
According to the NSDL (National Securities Depository Limited) website, FPIs have offloaded equities worth over Rs 14,794 crore in the markets so far this month. This follows a similar trend from last month when foreign investors were also net sellers, leading to...
by AIP Online Bureau | Jun 8, 2024 | Indian News, Non-Life, Regulation, Reinsurance
After SK Rath, general manager(GM), GIC Re dropped out of the race, CS Radhika, GM, United India Insurance (UII) has been added to the list of five contenders New Delhi: In a last minute development, the government has postponed the interview scheduled on June 10 for...
by AIP Online Bureau | Jun 8, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Technology
“We may take judicial notice of the fact that we are living in the era of deepfakes and, therefore, this is an aspect that the appellant/ husband, perhaps, would have to prove by way of evidence before the family court,” the bench said New Delhi: In the...
by AIP Online Bureau | Jun 8, 2024 | International News, Life, Non-Life
Lee Yuan Siong,group chief executive and president, AIA “In every corner of the world, we are facing increasingly complex risks covering ageing, health, climate and technology” Lee Yuan Siong ZURICH: The Geneva Association announces on Friday that Lee Yuan...
by AIP Online Bureau | Jun 8, 2024 | Data, Eco/Invest/Demography, Health
The viruses responsible for these infections normally spread in animals, but can also infect humans through direct contact with infected animals or contaminated environments, the statement said Geneva: The World Health Organization (WHO) has reported the first...
by AIP Online Bureau | Jun 8, 2024 | Eco/Invest/Demography, Indian News, Risk Management
Despite the recent spike in fire-related calls, the Delhi Fire Service(DFS) remains committed to reducing such incidents through education and timely intervention. The department noted that it had received a record 183 calls on May 30 and that 55 people have lost...
by AIP Online Bureau | Jun 8, 2024 | Eco/Invest/Demography, Health, Indian News, Policy
The confusion stems from the BJP’s announcement to implement the Ayushman Bharat scheme in place of BSKY upon assuming state power. Reports surfaced that hospitals began refusing BSKY benefits to patients in anticipation of this shift. Bhubaneswar:The Odisha...
by AIP Online Bureau | Jun 8, 2024 | Data, Eco/Invest/Demography, Health, Policy
The Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (ABPM-JAY) provides annual health coverage of up to Rs 5 lakh per family for secondary and tertiary care, targeting low-income earners nationwide through a centrally funded program supported by both the Union...
by AIP Online Bureau | Jun 8, 2024 | Indian News, Life
In an order passed last month, the District Consumer Disputes Redressal Commission, South Mumbai, noted that guidelines of the Insurance Regulatory and Development Authority (IRDA) state all terms and conditions should be explained to the insured in the language known...
