by AIP Online Bureau | Feb 28, 2023 | International News, Non-Life, Reinsurance, Technology
Cyber-insurance pricing increased 10% from a year earlier in January, a fraction of the 110% annual increase reported in the first quarter of 2022, preliminary data from insurance broker Marsh McLennan show. If those trends continue, prices could be set to decline,...
by AIP Online Bureau | Feb 28, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
With insurers already grappling with exposure to commercial aircraft caught up in Russia, the prospect of payouts will likely translate into higher costs for shipments from the region A senior industry source said exposure for the ships currently stuck was estimated...
by AIP Online Bureau | Feb 28, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
The rates are better even from other angles, too, as one-year post office deposit fetches a low 6.6 per cent and 6.8 per cent for two years, while the 10-year government securities yield just 7.35 per cent Mumbai: As banks’ chase for customers to collect cheap...
by AIP Online Bureau | Feb 28, 2023 | Eco/Invest/Demography, Indian News, Policy
Rohit Kumar Singh, Secretary to the Department of Consumer Affairs emphasized the duty of manufacturers, service providers, advertisers, and advertising agencies to ensure that their advertisements do not mislead consumers. Disclosures made in advertisements must be...
by AIP Online Bureau | Feb 27, 2023 | Facts, Risk Management
Lightning strikes can damage the aircraft surface, lead to temporary disruptions in electrical and electronic systems or even cause permanent damage, and in extreme cases, cause ignition of the fuel-air mixture around the engine, leading to an explosion. Researchers...
by AIP Online Bureau | Feb 27, 2023 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
Shrikant Chouhan, Head of Equity Research (Retail) at Kotak Securities Ltd, said weak Asian markets cues and worsening global macro economic indicators like higher inflation level, rising interest rates and volatile commodity prices are forcing investors to slash...
by AIP Online Bureau | Feb 27, 2023 | Health, Indian News, Non-Life
Through initiatives like the Pradhan Mantri Swasthya Suraksha Yojana (PMSSY), which aims to develop tertiary healthcare capabilities in clinical treatment, medical research, and in teaching to far-flung areas in the country. It intends to address regional disparities...
by AIP Online Bureau | Feb 27, 2023 | Eco/Invest/Demography, Health, International News
Right now, 22 countries across the world are fighting outbreaks of the acute diarrhoeal infection caused by eating or drinking contaminated food or water. Cholera cases climbed in 2022, following years of falling numbers of cases, and the trend is expected to continue...
by AIP Online Bureau | Feb 27, 2023 | Health, Intermediaries, Policy
At the UN General Assembly’s first-of-its-kind science session, held in early February, epidemiologists and researchers had called for a global pandemic warning system. Suggestions included forging a new global digital collaboration comprising a network of researchers...
by AIP Online Bureau | Feb 27, 2023 | Indian News, Pension & Social Security
In November 2022, the Supreme Court had upheld Employees’ Pension (Amendment) Scheme 2014. The EPS amendment of August 22, 2014 had raised the pensionable salary cap to Rs 15,000 a month from Rs 6,500 a month, and allowed members along with their employers to...
