by AIP Online Bureau | Oct 17, 2023 | Indian News, Intermediaries, Non-Life, Technology
In 2022, BimaKavach raised $2 million in a seed round led by WaterBridge Ventures, with participation from Blume Ventures, Arali Ventures, and Eximius Ventures to be utilized for designing new-age business risk covers, investing in proprietary risk management...
by AIP Online Bureau | Oct 17, 2023 | Eco/Invest/Demography, Features, Health, Pension & Social Security, Policy, Risk Management
Mia Seppo, ILO Assistant Director-General for Jobs and Social Protection, highlighted the complexity of the issues involved. “We see the discussions on a strengthened framework for prevention, preparedness and response as an opportunity to drive the point home that to...
by AIP Online Bureau | Oct 17, 2023 | Data, Eco/Invest/Demography, Policy, Regulation, Workplace/Employee Benefits
This committee, formed by state’s labour department, will study the conditions in which Swiggy-Zomato, Ola-Uber drivers, gig workers, online delivery boys are working. On this basis, recommendations regarding their minimum wages will be made. It is estimated that...
by AIP Online Bureau | Oct 16, 2023 | Eco/Invest/Demography, Indian News, Policy
The coal ministry organised the workshop to sensitise the PSUs and organisations under its administrative control about current cyber security challenges and adapt and implement best practices in their organisations New Delhi: Coal Secretary Amrit Lal Meena on Friday...
by AIP Online Bureau | Oct 16, 2023 | Eco/Invest/Demography, Indian News, Workplace/Employee Benefits
During hearing, the Centre had submitted before the apex court that the court’s hinting at a possibility of declaration being made something less than marriage but something more than the present status may not be the correct course of action New Delhi: The...
by AIP Online Bureau | Oct 16, 2023 | Health, International News, Risk Management
The criminal case comes as efforts grow worldwide to tighten oversight of drug supply chains after a wave of poisonings linked to contaminated cough syrups that killed dozens more children in countries such as Gambia and Uzbekistan An Indonesian drugmaker whose cough...
by AIP Online Bureau | Oct 16, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Wealth Management/ Philanthropy
Big reinsurers like Swiss Re and Munich Re, as well as some real-economy companies, have increasingly looked to cat bonds as they try to protect themselves from once-in-a-lifetime disasters. In July, Blackstone Inc. turned to cat bonds to shield property assets from...
by AIP Online Bureau | Oct 16, 2023 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Technology
There are 56 at-risk glacial lakes in India and the urgency to monitor them was stepped up after Lhonak Lake in the eastern Himalayas burst its banks two weeks ago and caused widespread damage in Sikkim, a small mountainous state wedged between China, Nepal and Bhutan...
by AIP Online Bureau | Oct 16, 2023 | International News, Non-Life, Reinsurance, Technology
As new funding for the global insurtech sector continues to fall following the collapse of Silicon Valley Bank, Howden Ventures has initially committed £10m of new funding to the sector, with a view to support at least five new startups over the next two years London:...
by AIP Online Bureau | Oct 16, 2023 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography, Policy
The Indo-Pacific region is highly vulnerable to climate change, leading to adverse impact on marine fisheries. These effects range from the increased frequency of extreme weather events to the threats of flooding, erosion, and sea-level rise. P Krishnan, Director, Bay...