by AIP Online Bureau | Jul 4, 2023 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
The gains coincided with a broad stock market rally, as investors brushed off the effects of central bank interest rate hikes, the ongoing war in Ukraine and a crisis in regional banks. The S&P 500 rose 16% and the Nasdaq 100 surged 39% for its best-ever first...
by AIP Online Bureau | Jul 3, 2023 | Indian News, Non-Life
Three of the company’s employees Raghini Rajput,59, Prakash, 52,Hardewsh Tomar,28,have died due to the fire said sources Jhansi: In a tragic event, a massive fire broke out on Monday afternoon in one of the buildings in Jhansi, where one of the divisional offices of...
by AIP Online Bureau | Jul 3, 2023 | International News, Technology
Executives and board members are concerned that fixing the problem may far exceed the company’s estimate of more than €1 billion ($1.1 billion) Customers have started to worry. Some who already ordered turbines and others who were in talks with Siemens Energy say...
by AIP Online Bureau | Jul 3, 2023 | Workplace/Employee Benefits
by AIP Online Bureau | Jul 3, 2023 | Health, Indian News, Policy
The patients registered with the Centres of Excellence (CoEs) in Delhi — AIIMS and Maulana Azad Medical College (MAMC) — have been diagnosed with Lysosomal Storage Disorders (LSDs) like MPS I, MPS II and Pompe, Fabry All these conditions are classified as...
by AIP Online Bureau | Jul 3, 2023 | Disaster & Management, Indian News, Risk Management, Technology
The accident on June 2 resulted in the deaths of 292 people and over 1000 were injured The CRS report has also said that the initial response to such a disaster should be faster an advised the Railways to review the system of disaster-response in the zonal railways...
by AIP Online Bureau | Jul 3, 2023 | Banking & Bancassurance, Indian News, Life, Non-Life, Regulation
RCap administrator is likely to file the IIHL resolution plan in the NCLT Mumbai this week as the deadline of July 15 to file is approaching. Operating companies under Reliance Capital are into insurance (life, general and health), asset reconstruction and broking...
by AIP Online Bureau | Jul 3, 2023 | Articles, Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography
Globally, rising temperatures and land-use change are projected to result in a 50% rise in the number of catastrophic wildfires by 2100, according to the U.N. Environment Programme – and governments around the world are grappling with how best to protect their...
by AIP Online Bureau | Jul 3, 2023 | Workplace/Employee Benefits
“Any stay of the June 2, 2023, order may preclude SBI Life from effectively servicing the accounts of the policyholders. There is a strong prima face case for setting aside SAT’s “erroneous” order and the stay is also needed to...
by AIP Online Bureau | Jul 3, 2023 | Intermediaries, International News, Non-Life, Reinsurance
Tom Wakefield, Global CEO Gallagher Re, said: “With the improved terms and conditions available in the reinsurance market, some existing reinsurers are leaning into the hardening market, committing more of their existing capital, as well as any new capital they are...
