by AIP Online Bureau | Apr 16, 2024 | Eco/Invest/Demography, International News, Policy
India set to remain fastest growing among major economies in 2024, IMF projects Washington: India is set to remain as fastest growing among major economies in 2024, according to International Monetary Fund’s latest World Economic Outlook. IMF, in its latest...
by AIP Online Bureau | Apr 16, 2024 | Data, Health
Globally, breast cancer cases will increase from 2.3 million in 2020 to more than 3 million by 2040, with low- and middle-income countries being “disproportionately affected”, the commission estimated New Delhi: Breast cancer is now the world’s most...
by AIP Online Bureau | Apr 16, 2024 | Climate, Environment, Renewable Energy, Indian News, Non-Life, Risk Management, Technology
In response to the significant decline in milk yield, estimated at 30-35% during severe heat waves, IBISA’s Heat Stress Solution utilizes advanced climate metrics and satellite technology to provide vital protection for dairy farmers Bengaluru: IBISA, an...
by AIP Online Bureau | Apr 16, 2024 | Climate, Environment, Renewable Energy, International News, Non-Life, Regulation, Reinsurance, Risk Management, Technology
The new service from HDI Risk Consulting GmbH, a wholly owned subsidiary of HDI Global SE, not only highlights the severity of climate risks but also provides specific data such as water depths, maximum temperatures, and duration of heatwaves, allowing companies to...
by AIP Online Bureau | Apr 16, 2024 | Reinsurance
State owned GIC Re has appointed V. Balkrishna, general manager as chief financial officer & Key Managerial Personnel of the corporation in place of Jayashree Ranade, general manager, CFO & KMP of the Corporation, who will be retiring from the service on 30th...
by AIP Online Bureau | Apr 16, 2024 | Intermediaries, Non-Life, Reinsurance
Aon plc has announced that Shailendra Sapra had been named CEO of the firm’s Reinsurance Solutions in India and a member of the APAC region’s reinsurance executive committee, effective June 1st, 2024. Based in Mumbai and reporting to George Attard, CEO of Reinsurance...
by AIP Online Bureau | Apr 16, 2024 | Indian News, Non-Life, Reinsurance
Priyanka Gautama, chief underwriting officer, Markel, India Gautama’s arrival underscores the organisation’s commitment to recruiting top-tier talent as it continues to serve brokers locally through superior underwriting, while supporting the business’s overarching...
by AIP Online Bureau | Apr 15, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life
Climate scientists say the number of rainy days is declining while heavy rain events (more rain over a short period) are increasing, leading to frequent droughts and floods. New Delhi: India is likely to experience above-normal cumulative rainfall in the 2024 monsoon...
by AIP Online Bureau | Apr 15, 2024 | Eco/Invest/Demography, Facts
With a per capita income of USD 2,600, India is in the 139th position in the league of Nations in terms of per capita income. And the poorest among BRICS and G-20 nations, he further pointed out Even after becoming the third largest economy in the world by 2029 as...
by AIP Online Bureau | Apr 15, 2024 | Banking & Bancassurance, Eco/Invest/Demography, International News, Life
“We see the strategic rationale for a combination of banking and insurance, especially in the Belgian market where the savings market favors products in insurance wrappers,” said Johann Scholtz, an analyst with Morningstar BNP Paribas, the euro zone’s biggest bank,...