by AIP Online Bureau | Aug 25, 2023 | Health, Indian News, Policy
The regulations made it mandatory for doctors to prescribe only generic drugs and barred them from accepting gifts from pharma companies or endorsing any drug brands New Delhi: The newly-notified Registered Medical Practitioner (Professional Conduct) Regulations,...
by AIP Online Bureau | Aug 25, 2023 | Eco/Invest/Demography, International News, Non-Life, Pandemic
It appears that current tests and medications remain effective against BA.2.86, although the variant may be more capable of causing infection in vaccinated people and those who have had COVID previously, the assessment said. There is no evidence yet that it is causing...
by AIP Online Bureau | Aug 24, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Natural catastrophe business has become largely loss-making in recent years as prices have failed to keep pace with increasingly frequent, severe and volatile weather-related losses due to climate change. This has reduced reinsurers’ appetite to provide natural...
by AIP Online Bureau | Aug 24, 2023 | Banking & Bancassurance, Data, Eco/Invest/Demography
Given the inherent nature of the MFI asset class, these lenders are prone to event-based risks such as political, geographical uncertainties and are susceptible to natural calamities, Care Ratings said After a gap of four years, standalone MFIs overtook banks in...
by AIP Online Bureau | Aug 24, 2023 | Facts, Workplace/Employee Benefits
Over 67 per cent of employees said their employer was responsible for their wellbeing while they were at work, the report said. Some factors like inclusivity, acceptance, respectful interactions, and the presence of supportive managers improve the wellbeing at a...
by AIP Online Bureau | Aug 24, 2023 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News
”The message is clear: the monsoon is becoming more variable. Increased variability means more extreme weather and dry spells. What we’re witnessing now aligns with the studies on the impact of climate change on the Indian monsoon,” Madhavan...
by AIP Online Bureau | Aug 24, 2023 | Breaking News!, Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Reinsurance
This comprehensive regulatory overhaul is strategically designed to position India as a prominent global reinsurance hub. The revised Order of Preference for International Financial Services Centre Insurance Offices (IIOs), coupled with simplified regulations and...
by AIP Online Bureau | Aug 24, 2023 | Articles, Eco/Invest/Demography, Life, Pension & Social Security, Wealth Management/ Philanthropy
Prashant Tripathy, managing director & CEO, Max Life said, “This edition shows progress in India’s retirement preparedness, which also signals the country’s stronger economic resilience. Today’s working population will be tomorrow’s large, retired...
by AIP Online Bureau | Aug 24, 2023 | Eco/Invest/Demography, International News, Pandemic, Pension & Social Security
In a new report released on Thursday, the ADB said an estimated 155.2 million people in developing Asia, or 3.9% of the region’s population, lived in extreme poverty as of last year, 67.8 million more than would have been the case without the health and...
by AIP Online Bureau | Aug 24, 2023 | Eco/Invest/Demography, International News, Non-Life, Pandemic, Reinsurance, Risk Management
Anish Tailor, whose wife Alpa died in March 2021 after receiving her first dose of the vaccine, filed a product liability claim against AstraZeneca at London’s High Court on Aug. 4, according to court records AstraZeneca is facing a similar lawsuit from Jamie Scott,...