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Death risk from liver disease twice as high in lower-income countries: Lancet study

by AIP Online Bureau | May 26, 2023 | Facts, Health

”A working liver is so important for our health since the organ is connected to so many aspects of bodily function,” said Jasmohan Bajaj, a professor at the Virginia Commonwealth University School of Medicine, US Death risk from liver disease twice as high...

WTW unveils new financial product to protect intangible assets

by AIP Online Bureau | May 26, 2023 | Intermediaries, International News, Non-Life, Reinsurance, Risk Management, Technology

An intangible asset is one that is not physical in nature but one that can hold significant value, and which can be created, transferred, bought or sold. Typical examples of intangible assets include intellectual property rights such as patents, trademarks, and...

by AIP Online Bureau | May 26, 2023 | Workplace/Employee Benefits

America ages faster as baby boomers push nation’s median age to almost 39, fewer children are born

by AIP Online Bureau | May 25, 2023 | Data, Eco/Invest/Demography, International News, Workplace/Employee Benefits

“In the short run, the crisis of work-family balance, the lack of affordable child care, stresses associated with health care, housing, and employment stability, all put a damper on birth rates by increasing uncertainty and making it harder to decide to have and raise...
GIC Re doubles its net profit to Rs 3,417 crore in Q4FY2023, declares a dividend of Rs 7 per share

GIC Re doubles its net profit to Rs 3,417 crore in Q4FY2023, declares a dividend of Rs 7 per share

by AIP Online Bureau | May 25, 2023 | Indian News, Non-Life, Reinsurance

Devesh Srivastava, CMD, GIC Re GIC Re’s record net profit has been possible as the third largest Asian reinsurer has a combined ratio of 89.16 per cent and an underwriting profit of Rs 889.77 crore along with a higher investment income of Rs 3,667.16 during the...
LIC shares settle nearly 2 pc higher after Q4 earnings

LIC shares settle nearly 2 pc higher after Q4 earnings

by AIP Online Bureau | May 25, 2023 | Indian News, Life, Wealth Management/ Philanthropy

The surge in annual profit in FY23 was helped by a jump in the second quarter bottomline to Rs 15,952 crore. It was due to a transfer of Rs 15.03 lakh crore to shareholders’ accounts at the end of September Mumbai: Shares of LIC on Thursday ended nearly 2 per...

by AIP Online Bureau | May 25, 2023 | Workplace/Employee Benefits

Indian insurance industry to have a UPI-like moment soon: IRDAI Chief

Indian insurance industry to have a UPI-like moment soon: IRDAI Chief

by AIP Online Bureau | May 25, 2023 | Indian News, Life, Non-Life, Regulation

Debasish Panda,Chairman,IRDAI ”We are working with the councils of both life and general insurance to have a UPI-like moment for the insurance sector. A conceptual framework has been contemplated,” he said, adding that this is being proposed through the...

Anti-tobacco warnings for OTT programmes soon, health ministry to amend rules

by AIP Online Bureau | May 25, 2023 | Health, Indian News, Policy, Regulation

According to the proposed amendments to the Rules, the display of tobacco products or their use in online curated content will not be extended to the display of brands of cigarettes or other tobacco products. New Delhi: OTT platforms may soon be mandated to display...

Max Life announces Rs 1,604 cr bonus for its policyholders

by AIP Online Bureau | May 25, 2023 | Briefs, Life

Max Life Insurance Company Ltd has announced its highest- ever participating (PAR) bonus of Rs. 1,604 Cr. for its approximately eligible 21 lakhs eligible participating policyholders in FY22-23. This is the Company’s 21 st consecutive annual bonus; 8% higher...
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