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Cyber insurance premiums falling globally, businesses become more adept in curbing their losses, Howden Report

by AIP Online Bureau | Jul 1, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology

Business interruption is usually the biggest cost following a cyber-attack, but businesses are able to reduce those costs with better back-up systems, such as through the use of cloud providers, the report said Cyber insurance premiums are falling globally as...

Experts expect AB-PMJAY revamp and larger health budget during Modi 3.0

by AIP Online Bureau | Jul 1, 2024 | Eco/Invest/Demography, Features, Health

“Increased healthcare spending, coupled with initiatives like AB-PMJAY, can benefit both the public and private sectors, albeit requiring adjustments in pricing structures. Addressing the shortage of healthcare staff and providing regulatory relief, particularly in...

Doctors face high burnout, must set clear boundaries for work & personal life

by AIP Online Bureau | Jul 1, 2024 | Features, Health, Workplace/Employee Benefits

“As doctors, we are so preoccupied with patients’ health that we tend to often neglect ourselves. Long and erratic work schedules and the enormity of taking responsibility for the lives of others are taxing. We should prioritise our health first,” Dr Tushar...
Narayana Health launches its first cover Aditi

Narayana Health launches its first cover Aditi

by AIP Online Bureau | Jul 1, 2024 | Health, Indian News, Non-Life

With an annual premium of Rs 10,000, Aditi,’ aims to cover a family of four.The insurance product is designed to ensure accessibility, with coverage of up to Rs 5 lakh for treatments and Rs 1 crore for surgeries, markedly lower than traditional insurance rates...
ICICI Lombard launches new health insurance product powered with AI

ICICI Lombard launches new health insurance product powered with AI

by AIP Online Bureau | Jul 1, 2024 | Health, Indian News, Non-Life, Technology

Mumbai: ICICI Lombard General Insurance has launched health insurance product, ‘Elevate’. Powered with AI the first-of-its-kind health product is loaded with cutting-edge features and add-ons, offering personalised solutions to meet the needs of dynamic lifestyle,...
Heat-dome: Indian Temperatures Beyond the Heatwave?

Heat-dome: Indian Temperatures Beyond the Heatwave?

by AIP Online Bureau | Jul 1, 2024 | Articles, Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Health, Workplace/Employee Benefits

Robert Muir-Wood,Chief Research Officer, Moody’s RMS Mitigation is the only route to relieve the heat stress, and countries that are used to the heat benefit from previous experience and may have the infrastructure – from building design to designated cooling centers,...
LIC chairman Mohanty re-designated as CEO and MD

LIC chairman Mohanty re-designated as CEO and MD

by AIP Online Bureau | Jul 1, 2024 | Indian News, Life

Siddhartha Mohanty, chief executive officer and managing director, Life Insurance Corporation The Ministry of Finance will appoint a non-executive chairman afterwards. Besides Mohanty, there are currently four other MDs in LIC Mumbai: On the basis of earlier...
Embarking ESG: Changing Investment Paradigm

Embarking ESG: Changing Investment Paradigm

by AIP Online Bureau | Jun 30, 2024 | Articles, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Risk Management

While the integration of ESG in the life insurance sector presents numerous opportunities, it also comes with challenges. The primary challenge lies in the lack of standardized ESG data and ratings, which can lead to inconsistencies and difficulties in comparison S P...
India becomes the first country to prepare entire fauna  checklist

India becomes the first country to prepare entire fauna checklist

by AIP Online Bureau | Jun 30, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News

“The faunal checklist will be an invaluable reference for taxonomists, researchers, academicians, conservation managers, and policymakers. It comprises 121 checklists of all known taxa covering 36 phyla. Endemic, threatened, and scheduled species have also been...

Term Plans: Protecting Professionals

by AIP Online Bureau | Jun 30, 2024 | Workplace/Employee Benefits

Amit Jaiswal, Chief BALIC Direct Officer, Bajaj Allianz Life One of the simplest forms of life insurance is term insurance, which guarantees that the insurer pays a sum of money to beneficiaries when the insured deceases, in exchange for the premiums paid during...
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