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China’s economic slowdown can generate ripple effects across world: Report

China’s economic slowdown can generate ripple effects across world: Report

by AIP Online Bureau | Jan 27, 2023 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance

Observers were already talking about China falling into the middle-income trap and now, evidence has come to light that the country is finding it hard to keep its miracle of sustained higher growth rates anywhere closer to 10 per cent or more recorded during the late...

Good things happen when leaders reflect on their mistakes: Research

by AIP Online Bureau | Jan 27, 2023 | Facts, Workplace/Employee Benefits

Researchers discovered that when leaders took the time to reflect on what they learnt from their mistakes, they displayed more humility, a quality believed to make managers more effective. “The goal should be to learn from mistakes, not just focus on what went...
Digital currency to further bolster digital economy, says RBI official

Digital currency to further bolster digital economy, says RBI official

by AIP Online Bureau | Jan 26, 2023 | Eco/Invest/Demography, Indian News, Regulation, Technology

It is non-remunerative that is it does not carry any interest like any currency, noted Choudhary, adding, “E-rupee is also expected to offer features of physical cash like safety and settlement of transactions.” While referring to the launch of the pilots...

A Class-action wave is coming for ESG claims

by AIP Online Bureau | Jan 26, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Regulation, Risk Management

The US Securities and Exchange Commission is still reviewing thousands of comments on its proposal to force publicly traded companies to disclose more about the risks they face due to a changing climate, as well as the greenhouse gas emissions in their production and...
SCOR appoints Swiss Re’s Thierry Léger as its CEO as Rousseau steps down

SCOR appoints Swiss Re’s Thierry Léger as its CEO as Rousseau steps down

by AIP Online Bureau | Jan 26, 2023 | International News, Non-Life, Reinsurance

Thierry Léger, CEO- Designate,SCOR Léger will be responsible for drawing up a new attractive and ambitious strategic plan for SCOR, and will outline the orientations and main themes of this plan at the 2023 general meeting. His mission will be to help SCOR further...
Budget- 2023-24:FM may announce sops for middle class

Budget- 2023-24:FM may announce sops for middle class

by AIP Online Bureau | Jan 26, 2023 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life

Nirmala Sitharaman, Union Finance Minister The insurance industry has been pitching for a separate tax deduction provision for life insurance, tax waiver for annuity income, and higher deductions for health insurance premiums. New Delhi: The finance ministry is...

Booster dose of Covishield offers best immune response: Lancet study

by AIP Online Bureau | Jan 26, 2023 | Facts, Health, Pandemic

According to the study, even though homologous and heterologous boosting with Covishield or Covaxin in Covishield or Covaxin primed individuals are immunogenic and safe, boosting with Covishield produced better binding and functional antibodies, irrespective of...

PhonePe envisions opportunity ahead across UPI, lending, insurance, ONDC

by AIP Online Bureau | Jan 26, 2023 | Eco/Invest/Demography, Indian News, Technology

“I think for the mission PhonePe is on, which is solving for at-scale financial inclusion and digitization, the move to India was right. India is where we started and where we are focused on, and I think we will be here for the next couple of decades,”...
Twitter sued in Germany to force the platform to remove antisemitic content

Twitter sued in Germany to force the platform to remove antisemitic content

by AIP Online Bureau | Jan 26, 2023 | International News, Policy, Risk Management

HateAid and the European Union of Jewish Students filed the suit against Twitter to require the platform to clarify basic obligations when moderating criminal content, according to a statement on Wednesday. By filing this lawsuit, HateAid and EUJS said they’re seeking...
Qantas’ safety reputation under spotlight after spate of technical issues

Qantas’ safety reputation under spotlight after spate of technical issues

by AIP Online Bureau | Jan 26, 2023 | International News, Risk Management

The recent problems have put Australia’s largest airline under scrutiny again, months after it appeared to have resolved an embarrassing run of cancellations, delays and baggage losses. Joyce, who has forged a reputation for shredding expenses to deliver bumper...
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