by AIP Online Bureau | Mar 4, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
“The entire wheat crop has been flattened due to heavy rainfall and hailstorm. It was nearly mature, and we could have harvested it in two to three weeks,” said Mukesh Kumar, a farmer from Uttar Pradesh, the country’s largest producer of the grain...
by AIP Online Bureau | Mar 4, 2024 | International News, Non-Life, Reinsurance, Risk Management
Insurance industry sources said that war risk premiums being quoted for Red Sea voyages had remained around 1% of the value of a ship for some weeks – compared with around 0.5% before the attacks started – with various discounts applied by underwriters The cost of war...
by AIP Online Bureau | Mar 4, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
Union IT and Communications Minister Ashwini Vaishnaw said that through digital measures to check fraud and crime, the Department of Telecom Services has been able to help citizens save around Rs 1,000 crore in the last nine months and Rs 1,008 crore has been frozen...
by AIP Online Bureau | Mar 4, 2024 | Eco/Invest/Demography, Health, International News
According to the World Health Organization (WHO), worldwide obesity has nearly tripled since 1975. Around 800 million adults worldwide are living with obesity and the number of children living with obesity is expected to reach 250 million by 2030 Obesity is now rising...
by AIP Online Bureau | Mar 4, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology
”Advisory is aimed at the significant platforms and permission seeking from Meity is only for large platforms and will not apply to startups. Advisory is aimed at untested AI platforms from deploying on the Indian Internet,” Minister of State for...
by AIP Online Bureau | Mar 4, 2024 | Eco/Invest/Demography, Indian News, Policy
“Robust goods and services tax collections, rising auto sales, consumer optimism and double-digit credit growth suggest urban consumption demand remains resilient. On the supply side, expanding manufacturing and services PMIs add to evidence of solid economic...
by AIP Online Bureau | Mar 4, 2024 | International News, Non-Life, Reinsurance, Risk Management, Technology
MH370 vanished on March 8, 2014, on its way to Beijing from Kuala Lumpur with 239 people on board. Investigators concluded the plane deliberately left its planned flightpath, looped back over Malaysia and headed out to sea Malaysian authorities are considering...
by AIP Online Bureau | Mar 4, 2024 | Indian News, Intermediaries, Non-Life, Reinsurance
Rishi Mehra, India chief, Aon Working closely with Jon Pipe, CEO and principal officer of Aon India Insurance Brokers and Nitin Sethi, CEO of Aon Consulting Private Limited, Mehra will bring together the collective capabilities across Risk, Health,Wealth and Talent...
by AIP Online Bureau | Mar 3, 2024 | Eco/Invest/Demography, International News, Policy, Risk Management
“We must have stronger support from the international community – what we call climate justice – which means adequate financing at low cost, quickly decided, in order to allow for all these works that we have been seeing to protect the island against the...
by AIP Online Bureau | Mar 3, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
”Rising return on term deposits has been driving the compositional shift in bank deposits: the share of term deposits in total deposits increased to 60.3 per cent in December 2023 from 57.2 per cent in March 2023,” it said New Delhi: Rising interest rates...
