by AIP Online Bureau | Jun 20, 2023 | Eco/Invest/Demography, International News, Non-Life, Pandemic, Reinsurance
Law firm Stewarts, which represented the owners of the ExCel Centre, said the ruling “could potentially affect hundreds of thousands of policyholders.” “Policyholders whose BI losses remain uncompensated should now revisit their policy documents to consider whether...
by AIP Online Bureau | Jun 20, 2023 | Health, International News
Rutendo Kuwana, the WHO team lead for incidents with substandard and falsified medicines, declined to name the six new countries the agency is working with, while investigations are still underway Unscrupulous actors sometimes substitute propylene glycol with toxic...
by AIP Online Bureau | Jun 20, 2023 | Health, Indian News, Non-Life
“This is the need of the hour. How can a doctor treat a critical patient under stress and under threat? The nation is not realising how serious this issue is. After this, no good doctor will agree to treat a serious patient because they will feel...
by AIP Online Bureau | Jun 20, 2023 | Briefs, Life
Max Life Insurance has bought shares in Capital Small Finance Bank for Rs 49.50 crore, taking its stake in the bank to 2.99 per cent. Max Life Insurance Company has been allotted a total of 10.57 lakh equity shares. Each equity share has a face value of Rs 10....
by AIP Online Bureau | Jun 20, 2023 | Briefs, Life
PNB MetLife has announced the highest-ever bonus of Rs 768.6 crore for eligible policyholders in FY 2022-23. This bonus amount is 29 per cent higher than Fy 2021-22, benefitting almost 5.52 lakh policyholders of the...
by AIP Online Bureau | Jun 20, 2023 | Indian News, Life, Regulation
Though, Solicitor General Tushar Mehta, appearing for the IRDA had sought urgent hearing of the matter, SC’s vacation bench presided by Justice Surya Kant said there was no urgency and directed the matter to be heard on July 3 Earlier, in a big relief to Sahara India...
by AIP Online Bureau | Jun 19, 2023 | International News, Risk Management, Technology
But there is an emerging consensus that the industry’s sprawling supply chain – strained by rising costs, parts shortages and a scarcity of skilled labor in the wake of the pandemic – will have to be remade before it can recover fully, a process that will take years...
by AIP Online Bureau | Jun 19, 2023 | International News, Risk Management, Technology
A spokeswoman confirmed that the group that calls itself Anonymous Sudan was behind the attacks. It claimed responsibility on its Telegram social media channel at the time. Some security researchers believe the group to be Russian In early June, sporadic but serious...
by AIP Online Bureau | Jun 19, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Investors continued to park their money in mutual funds, with contributions in SIPs reaching a new high of Rs 14,749 crore last month, after a brief dip to Rs 13,728 crore in April. It was Rs 14,276 crore in March Mumbai: The number of systematic investment plan (SIP)...
by AIP Online Bureau | Jun 19, 2023 | Indian News, Life
The company’s total premium income for the fiscal grew by 42 per cent to Rs 20,503 crore compared to Rs 14,445 crore in the previous year Mumbai: Tata AIA Life Insurance (Tata AIA) reported a 615 per cent jump in its net profit to Rs 506 crore in FY 2022-23 from...
