by AIP Online Bureau | Jan 6, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Risk Management
Catastrophe modeling firm Karen Clark & Co. said, total insured losses from the quake will reach $6.4 billion, with residential losses accounting for over two-thirds of the total Chanyoung Lee, director, analytics, AM Best, said “While the earthquake losses...
by AIP Online Bureau | Jan 6, 2024 | Facts, Health, Policy, Regulation, Workplace/Employee Benefits
The proposal was part of a six-point plan to improve maternal and neonatal health at a time when U.S. maternal mortality rates are growing with each generation and the country has fallen way behind other developed nations New York: New York Governor Kathy Hochul on...
by AIP Online Bureau | Jan 6, 2024 | Eco/Invest/Demography, Health, Indian News, Regulation, Risk Management
“The manufacturer must assume responsibility for the quality of the pharmaceutical products to ensure that they are fit for their intended use, comply with the requirements of the licence and do not place patients at risk due to inadequate safety, quality or...
by AIP Online Bureau | Jan 6, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
”In future, more products will be brought under the Quality Control Order(QCO). I believe we will be covering 2,000-2,500 products. Our commitment to the quality will be so strong that every product/service available in India will be of higher quality”...
by AIP Online Bureau | Jan 6, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
The Houthi conflict’s disruption of the Red Sea shipping lanes significantly impacts Indian trade, especially with the Middle East, Africa, and Europe, the Global Trade Research Initiative (GTRI) said New Delhi: The increasing Red Sea crisis may impact trade as...
by AIP Online Bureau | Jan 6, 2024 | International News, Non-Life, Risk Management
Hours after the terrifying incident, Alaska Airlines announced that it would ground its entire fleet of 65 Max 9s for inspections and maintenance. CEO Ben Minicucci said Alaska expects the inspections to be completed “in the next few days.” India’s aviation watchdog...
by AIP Online Bureau | Jan 6, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life
Two deaths — one each from Tamil Nadu and Gujarat — were reported in a span of 24 hours, according to the ministry’s data updated at 8 am. New Delhi: India has recorded a single-day rise of 774 COVID-19 cases while the number of active cases stands...
by AIP Online Bureau | Jan 6, 2024 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy
According to the World Bank, this Sustainable Development Bond aims to generate GBP 1.5 billion from investors, contributing to the financing of the World Bank’s initiatives for sustainable development solutions in its member countries London: The World Bank,...
by AIP Online Bureau | Jan 6, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Wealth Management/ Philanthropy
Azim Premji, non-executive member of the board and founder chairman of Wipro Dozens of applications for family investment fund that allow families to make investments across various asset classes and instruments offshore, are still pending with GIFT City authorties,...
by AIP Online Bureau | Jan 5, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life
In a move that supported the growth of the industry, New India Assurance(NIA), the country’s largest general insurer, after lying low with a single digit growth for the last few quarters, has expanded its topline by 14.47 per cent to Rs 4,070 crore in the month...