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Cell, gene therapy to rule pharma sector in 2024: Report

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

“Cell and gene therapies are gradually becoming more important focus areas within the healthcare industry and their full potential is still unrealised. While this is a relatively new area, with the first autologous dendritic cell therapy Provenge approved in...

Japan issued tsunami alerts after a series of strong quakes in the Sea of Japan

by AIP Online Bureau | Jan 1, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

A tsunami of about 3 metres high was expected to hit Niigata and other prefectures on the western coast of Japan. Smaller tsunami waves were already confirmed to have reached the coastline, according to NHK.The area includes a nuclear plant. Tokyo Electric Power Co.,...
Gujarat govt issues guidelines for liquor law exemption rules in GIFT City

Gujarat govt issues guidelines for liquor law exemption rules in GIFT City

by AIP Online Bureau | Jan 1, 2024 | Indian News, Policy, Regulation

Any unit situated in GIFT City, desiring to obtain an FL-III licence shall apply to the Superintendent of Prohibition and Excise, Gandhinagar in Form “A” Gandhinagar: About a week after relaxing the liquor consumption norms for the Gujarat International...
Gujarat police register rape case against Cadila Pharma CMD after HC order

Gujarat police register rape case against Cadila Pharma CMD after HC order

by AIP Online Bureau | Jan 1, 2024 | Indian News, Risk Management

The CMD of the Ahmedabad-based pharma company was booked on Sunday under Indian Penal Code (IPC) sections 376 (rape), 354 (assault or criminal force to woman with intent to outrage her modesty), and 504 (intentional insult with intent to provoke breach of the peace),...

Focus shifts to healthcare delivery in 2023 as Covid stress eases

by AIP Online Bureau | Jan 1, 2024 | Features, Health, Policy

A total of 6.11 crore hospital admissions involving expenditure of Rs 78,188 crore have been authorized under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) scheme, of which 1.7 crore hospital admissions worth over Rs 25,000 crore have been authorized...
Indian health insurance industry anticipates a transformative 2024

Indian health insurance industry anticipates a transformative 2024

by AIP Online Bureau | Dec 31, 2023 | Articles, Health, Non-Life, Regulation, Risk Management, Technology

Prasun Sikdar, MD and CEO, ManipalCigna Health Insurance The initiatives such as a unified network of hospitals and 100% health insurance claim settlement system nationwide will offer flexibility to consumers and significantly reduce the financial burden With growing...
Progressive Indian general insurance sector

Progressive Indian general insurance sector

by AIP Online Bureau | Dec 31, 2023 | Articles, Eco/Invest/Demography, Health, Non-Life, Policy, Regulation, Risk Management, Technology

 Ritesh Kumar, MD & CEO, HDFC ERGO General Insurance The IRDAI initiated the journey towards adopting IFRS 17 and implementing risk-based supervision and capital frameworks. Looking ahead, significant developments are anticipated in the general insurance...
Health Insurance: Key developments poised to redefine the sector

Health Insurance: Key developments poised to redefine the sector

by AIP Online Bureau | Dec 31, 2023 | Articles, Eco/Invest/Demography, Health, Non-Life, Regulation

Krishnan Ramachandran, MD & CEO at Niva Bupa In a bid to simplify health insurance for customers, IRDAI has introduced standardization guidelines, with the latest being the Customer Information Sheet (CIS). This initiative aims to demystify policy benefits and...

Global Economy: Rising shipping costs to push inflation

by AIP Online Bureau | Dec 31, 2023 | Eco/Invest/Demography, International News, Risk Management

Combined with disruptions at a drought-stricken Panama Canal in the Western Hemisphere, the rise in merchant shipping rates poses headwinds for central bankers in their inflation fight Shipping costs are rising as hundreds of container ships that typically transit the...

US sinks 3 Houthi vessels that attacked its container ship in Red Sea

by AIP Online Bureau | Dec 31, 2023 | Eco/Invest/Demography, International News, Risk Management

CENTCOM said the navy responded to a request for assistance from the Maersk Hangzhou, a Singapore-flagged, Denmark-owned and operated container ship that reported coming under attack for a second time in 24 hours while transiting the Red Sea The Houthis have...
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