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Firms with flex-work policies are hiring faster than those fully in office

by AIP Online Bureau | Jul 20, 2023 | Eco/Invest/Demography, Facts, Workplace/Employee Benefits

Jobs advertising full-time remote work attracted almost half of all applications on LinkedIn in May, compared with just 19% for hybrid positions. Companies with flexible in-office policies are hiring faster than those that have fully returned to pre-pandemic...

Financial services secretary asks banks to achieve financial inclusion targets at earliest

by AIP Online Bureau | Jul 20, 2023 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy

He also reviewed the progress made by banks with special focus on the progress under the ongoing Jan Suraksha campaign of PMJJBY & PMSBY schemes in all the Gram Panchayats of the country being held from April 1 and urged them to ensure achievement of targets of...

Only 27% of $194 bln economic losses from global natural disasters insured in 1H2023: Aon

by AIP Online Bureau | Jul 20, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Turkey and Syria earthquakes drive nearly half of economic losses from Global Catastrophes in 1H 2023 “Despite the reality that communities globally remain at risk to catastrophes, only about 27 percent of economic losses this year have been insured. These...

Swiss Re structures Blackstone’s first indemnity catastrophe bond

by AIP Online Bureau | Jul 20, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

The transaction is Blackstone’s first indemnity catastrophe bond and covers named storms and earthquakes in the United States and Canada New York: Swiss Re Capital Markets has successfully structured and placed the issuance of USD 250 million of insurance-linked...
Reliance’s financial unit valued at $21 bn, to venture into life and general insurance soon

Reliance’s financial unit valued at $21 bn, to venture into life and general insurance soon

by AIP Online Bureau | Jul 20, 2023 | Indian News, Life, Non-Life, Technology

The group aspires to foray into non-lending financial businesses like life/ general insurance and AMC where it can even take the inorganic route and benefit from recent regulatory change that allows banks to have up to nine insurance partners. Mumbai: Jio Financial...

Himachal rains: Economic losses of Rs 4808.79 crore, Death toll reaches 130

by AIP Online Bureau | Jul 20, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life

As many as 13 people died, including one rescuer, after the landslide occurred at Irshalwadi village in Khalapur tehsil in Maharashtra’s Raigad district, police said Shimla/Mumbai: With five new deaths on Wednesday, the death toll in Himachal Pradesh due to...

Society of Actuaries Research Institute launches longevity Illustrator for Singapore, Hong Kong and Canada

by AIP Online Bureau | Jul 20, 2023 | Eco/Invest/Demography, International News, Life, Pension & Social Security, Technology

“A variety of possibilities should be considered when preparing for retirement, including longevity. SOA’s Longevity Illustrator, a web-based tool, is designed to provide information to help individuals and couples plan a secure retirement more effectively...

Gambia ‘advanced’ in exploring legal action over toxic Indian cough syrup

by AIP Online Bureau | Jul 20, 2023 | Health, Indian News, Risk Management

At least 70 children in Gambia, most under 5 years old, died from acute kidney injury last year. A government-backed investigation found that the deaths were “very likely” caused by contaminated medicines made in India. The small West African country has...

Work from anywhere jobs draw record demand as summer travel heats up

by AIP Online Bureau | Jul 20, 2023 | Eco/Invest/Demography, Workplace/Employee Benefits

Top financial services firms such as American Express, Visa and Mastercard, along with tech giants like Alphabet, are some of the major employers who have adopted “work-from-anywhere” week policies. This generally means employees keep an in-office presence for most of...
No `Insurance Bill 2023′ in Parliament’s monsoon session

No `Insurance Bill 2023′ in Parliament’s monsoon session

by AIP Online Bureau | Jul 20, 2023 | Indian News, Life, Non-Life, Policy

In this packed Parliament’s Monsoon session, the Union government is likely to discuss a total of 31 bills, but “Insurance Bill 2023’ for which the government has earlier sought approval of the Union Cabinet, is not included in the list New Delhi: The...
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