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Sharp rise in companies’ climate-related risk disclosure G20 report

by AIP Online Bureau | Oct 13, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy

Climate-related metrics disclosure led the way with over 70 per cent of companies disclosing the metrics they use. Reporting on greenhouse gas emissions and climate-related targets also showed considerable progress (both at 66 per cent), with a 24 per cent increase in...

India ranks 111th on Global Hunger Index 2023, govt calls it flawed measure

by AIP Online Bureau | Oct 13, 2023 | Data, Eco/Invest/Demography, Indian News, Policy

With a score of 28.7 in the Global Hunger Index-2023, India has a level of hunger that is serious, according to a report based on the index. India’s neighbouring countries Pakistan (102nd), Bangladesh (81st), Nepal (69th) and Sri Lanka (60th) have fared better...
Temasek and others to pick up a minority stake in Niva Bupa Health insurance for Rs800 crore

Temasek and others to pick up a minority stake in Niva Bupa Health insurance for Rs800 crore

by AIP Online Bureau | Oct 13, 2023 | Eco/Invest/Demography, Health, Indian News, Non-Life

Each of our investors brings a wealth of expertise across various dimensions of our business and possesses a profound understanding of the insurance ecosystem,Divya Sehgal, Partner, True North Mumbai: A clutch of investors including Singapore based global investment...

How working night shifts messes up appetite and food habits, study reveals

by AIP Online Bureau | Oct 12, 2023 | Facts, Health, Workplace/Employee Benefits

New Delhi: The disruption in the body’s biological clock, or circadian misalignment, brought about by working night shifts affects the hormones which regulating appetite, the team of scientists, led by the University of Bristol, UK, said Scientists reveal how working...

Airlines split over safety risk of Israel flights

by AIP Online Bureau | Oct 12, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Airlines have faced warnings over insurance cover in the wake of the weekend attacks on Israel by Hamas militants Airlines wrestled with the safety risk of evacuation operations in Israel on Thursday, with Norwegian Air and Dutch KLM canceling flights while Air France...

Governments join rescue effort as airlines face Israel insurance alert

by AIP Online Bureau | Oct 12, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Israel’s parliamentary finance committee said late on Tuesday it would debate authorizing state guarantees for providing war risk insurance for Israeli airlines The panel said insurance companies had indicated they were entitled to cancel cover with seven days’...

RBI slaps Rs 5.39 crore penalty on Paytm PB for violating series of norms

by AIP Online Bureau | Oct 12, 2023 | Banking & Bancassurance, Indian News, Regulation, Risk Management, Technology

The central bank also found non-compliance with certain provisions related to ‘RBI Guidelines for Licensing of Payments Banks’, ‘Cyber security framework in banks’ and ‘Securing mobile banking applications including UPI ecosystem’...
GI Council ropes in health insurance expert to implement 100% cashless payment system

GI Council ropes in health insurance expert to implement 100% cashless payment system

by AIP Online Bureau | Oct 12, 2023 | Health, Indian News, Non-Life, Technology

Segar Sampathkumar, director, Health Insurance, GI Council Such a system, which currently serves 52 per cent of health policies, will create a seamless technological mechanism for all the insurers to settle policy holders’ claims cashless without any manual...
RBI showing interest in technology as it impacts world order Deputy Governor T Rabi Sankar

RBI showing interest in technology as it impacts world order Deputy Governor T Rabi Sankar

by AIP Online Bureau | Oct 12, 2023 | Indian News, Regulation, Risk Management, Technology

Recent technologies, such as artificial intelligence, synthetic biology, quantum computing and robotics, have the potential not only to revolutionise human and social lives, but also to alter the global order, the RBI deputy governor T Rabi Sankar pointed out He...
4 dead, 70 injured as Delhi-Kamakhya North East Express derails near Bihar

4 dead, 70 injured as Delhi-Kamakhya North East Express derails near Bihar

by AIP Online Bureau | Oct 12, 2023 | Indian News, Non-Life, Risk Management

Buxar Superintendent of Police Manish Kumar told PTI four passengers had died in the accident. A Railway Police Force official said at least 70 passengers have been injured and shifted to local hospitals. Those with serious injuries were rushed to AIIMS, Patna...
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