by AIP Online Bureau | Apr 17, 2024 | Indian News, Policy
A five-judge constitution bench headed by Chief Justice D Y Chandrachud adjourned the matter after Attorney General R Venkataramani submitted a note indicating that the consultations carried out by the Ministry of Road Transport and Highways have culminated in...
by AIP Online Bureau | Apr 17, 2024 | Eco/Invest/Demography, Health, Indian News
The segment aged 10-24 is estimated to constitute 26 per cent, with the 15-64 age group making up 68 per cent. Additionally, 7 per cent of India’s population is aged 65 years and above, with men having a life expectancy of 71 years and women 74 years New Delhi:...
by AIP Online Bureau | Apr 17, 2024 | Data, Eco/Invest/Demography, Health, Life, Non-Life
As per them, mutual fund investments surged by a whopping 86 per cent, insurance payments have seen a significant 56 per cent growth and trading experienced a 62 per cent jump in value in 2023-24. “With this, we witnessed the emergence of a new India. One that...
by AIP Online Bureau | Apr 17, 2024 | Eco/Invest/Demography, Indian News, Policy
Krishnamurthy V Subramaniam, executive director of the International Monetary Fund (IMF) Asked where India stands amid the current global economy, he responded, “I think India will continue to be the driver for global growth in the foreseeable future. The...
by AIP Online Bureau | Apr 17, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Features, Policy
“It’s crucial that environmental issues are not relegated to the bottom of the priority list, especially given the pressing concerns of air pollution and the climate crisis. This is particularly important as India is home to 83 of the 100 most polluted...
by AIP Online Bureau | Apr 17, 2024 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
Howden said the new product was the “first dedicated insurance coverage of its kind to protect cargo vessels within an active conflict zone, which encompasses the Bab al-Mandab Strait, the Red Sea, and the Indian Ocean” LONDON: Howden has started offering...
by AIP Online Bureau | Apr 16, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
Civil Aviation Secretary Vumlunmang Vualnam on Tuesday said that airlines have been asked to make their own risk assessment with respect to their flight operations New Delhi: Amid escalating tensions in the Middle East, the civil aviation ministry has asked airlines...
by AIP Online Bureau | Apr 16, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology
The RBI said that given the growth in digital transactions and the significant role that PAs play in this space, the current directions on PAs are proposed to be updated and cover, inter alia, KYC and due diligence of merchants, operations in Escrow accounts, and...
by AIP Online Bureau | Apr 16, 2024 | Eco/Invest/Demography, Indian News, Life, Technology, Wealth Management/ Philanthropy
Kumar Mangalam Birla, chairman,Aditya Birla Group “Our Health Insurance business is one of the fastest growing Standalone Health Insurance players driven by a unique ‘Health-first’ model. It also raised capital in FY23 from a marquee sovereign wealth fund, ADIA....
by AIP Online Bureau | Apr 16, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
Chicago/New York: Favorable cyber underwriting results are partly due to prior large increases in premium rates. Insurers are also being more careful in cyber risk selection and the underwriting process. They are requiring that customers maintain proper cyber hygiene...
