by AIP Online Bureau | Jun 1, 2023 | Intermediaries, International News, Reinsurance
P&C reinsurance prices up an average 33% at 1 June (highest since early 90s), driven by financial market volatility, inflation, geopolitical tensions, recent weather losses and the Turkey earthquakeReinsurers are in a period of “heightened risk aversion” and stand...
by AIP Online Bureau | Jun 1, 2023 | Eco/Invest/Demography, Health, Indian News, Intermediaries, Life, Non-Life, Regulation
There can be Corporate Bima Vahak, who are legal person registered in accordance with the respective laws of India and can be engaged by an insurer and Individual Bima Vahak, who can be individuals either appointed by an insurer or appointed by a Corporate Bima Vahak...
by AIP Online Bureau | Jun 1, 2023 | Eco/Invest/Demography, Indian News
Tata Consultancy Services (TCS) topped the 2023 50 Most Valuable Indian Brands list with a brand value of Rs 1.09 lakh crore followed by RIL, Infosys, HDFC, JIO, airtel, LIC, Mahindra, SBI and ICICI, New Delhi: As per the latest report by Interbrand, financial...
by AIP Online Bureau | Jun 1, 2023 | Climate, Environment, Renewable Energy, Data, Eco/Invest/Demography
ICCT modeling indicates that nearly 100 per cent of new light-duty vehicles sold in leading markets in 2035 must have zero tailpipe emissions to put the transportation sector on a trajectory aligned with the goal of limiting global warming to below 2 degrees Celsius,...
by AIP Online Bureau | Jun 1, 2023 | International News, Policy, Regulation, Technology
“Amazon’s history of misleading parents, keeping children’s recordings indefinitely, and flouting parents’ deletion requests violated COPPA and sacrificed privacy for profits,” said Samuel Levine, Director of the FTC’s Bureau of...
by AIP Online Bureau | May 31, 2023 | Indian News, Technology
Special Commissioner of Police (Traffic) Surender Singh Yadav said the government is putting a lot of emphasis on road safety due to the rising number of fatalities. “Around 2,300 crashes were reported in Delhi which accounted for 40 per cent pedestrian mishappenings....
by AIP Online Bureau | May 31, 2023 | Indian News, Policy, Risk Management, Technology
As per the preamble of the Draft Aircraft Bill, 2023, it aims to have an Act to make better provisions for regulation and control of the design, manufacture, possession, use, operation, sale, import and export of aircraft and for connected matters New Delhi: The civil...
by AIP Online Bureau | May 31, 2023 | Eco/Invest/Demography, Facts
“Due to climate change, there has also been short duration, high intensity precipitation, further accentuating risks of flooding in the city amidst limited infrastructure to contain the same,” the report said. Citing the example of Mumbai, the report...
by AIP Online Bureau | May 31, 2023 | Indian News, Non-Life
The policy also provides for compensation or upto Rs 500,000 for deaths and upto Rs 400,000 for permanent or partial disability, depending on its severity, informed MMMOCL Chairman & Managing Director S. V. R. Srinivas Mumbai: The Maha Mumbai Metro Operation...
by AIP Online Bureau | May 31, 2023 | Health, Indian News, Policy
During the year 2022-23, approximately 56 per cent of the total admissions (by amount) have been authorised in private hospitals, while 44 per cent of the admissions have been authorised in public hospitals. The AB PM-JAY beneficiaries can avail treatment...
