by AIP Online Bureau | Oct 10, 2023 | Health, Intermediaries, International News, Workplace/Employee Benefits
“Health and wellbeing costs have become an important concern for companies as year-over-year medical plan costs continue to rise. These rising rates often bring unexpected or unbudgeted cost increases and make affordability for employers and employees more...
by AIP Online Bureau | Oct 9, 2023 | International News, Non-Life, Reinsurance
Recent geopolitical events and macro-economic conditions have driven demand and need for dynamic reinsurance solutions from both the public and private sectors, said Jonathan Allard added London: Global reinsurance broker Gallagher Re has this week appointed Jonathan...
by AIP Online Bureau | Oct 9, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
With a total premium of Rs77,049 crore, up 21 per cent y-o-y, mobilised in the first six months Fy 2024, the market share of private sector multiline general insurers has inched up to 53.58 per cent from 50.81 per cent(in Sept fy 2023) while the SAHIs, with a total...
by AIP Online Bureau | Oct 9, 2023 | Data, Eco/Invest/Demography, Non-Life
The year-on-year (YoY) analysis reveals broad-based growth across segments as two-wheeler sales grew 22 per cent, three-wheeler retails soared 49 per cent, passenger vehicle sales grew 19 per cent, while commercial vehicles saw a sales growth of 5 per cent, FADA...
by AIP Online Bureau | Oct 9, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
Varun Aggarwal, founder and managing director, Profit Idea, said, “Israel War, Global tensions, Rising Interest Rates, Crude Oil Prices making markets weak. Indian markets closed on a weaker note due to a lot of concerns and uncertainty. It is important for...
by AIP Online Bureau | Oct 9, 2023 | Eco/Invest/Demography, Indian News, Risk Management, Workplace/Employee Benefits
“We are closely monitoring the action on ground which is concentrated in south Israel, whereas Haifa port is situated in the north.We have taken measures to ensure safety of our employees and all of them are safe,” spokesperson of Adani Ports and SEZ...
by AIP Online Bureau | Oct 9, 2023 | Health, Indian News
Yoga guru Swami Ramdev An FIR was registered against Ramdev in Raipur, Chhattisgarh, based on a complaint filed by the local Indian Medical Association unit The complaint alleged that Ramdev had propagated false information and made threatening statements on social...
by AIP Online Bureau | Oct 9, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
US air carriers United Airlines, Delta Air Lines and American Airlines said they had suspended direct flights.Air France, Lufthansa, Emirates and Ryanair also pulled flights to Tel Aviv’s Ben Gurion airport PARIS/NEW YORK: Several international air carriers said on...
by AIP Online Bureau | Oct 9, 2023 | Health, Indian News, Non-Life, Reinsurance, Risk Management
“The policy requires that certain terms & conditions are followed for the cover to be applicable, namely, the intending couple, surrogate mother and treating hospital must adhere to the guidelines of the Surrogacy Act and ART Act. Also, Surrogacy and Oocyte...
by AIP Online Bureau | Oct 9, 2023 | Eco/Invest/Demography, International News, Risk Management, Technology, Wealth Management/ Philanthropy
FTX’s insurance fund was designed to protect user losses in case of huge, sudden market movements Washington: The collapsed crypto exchange FTX used hidden Python code to misrepresent the value of its insurance fund, according to court testimony by FTX...
