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2022 was a crucial year for India in combating climate change, reverse nature loss

2022 was a crucial year for India in combating climate change, reverse nature loss

by AIP Online Bureau | Dec 30, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Facts, Regulation, Risk Management

The Centre also set a new target of 40 per cent reduction in particulate matter concentration in cities covered under the National Clean Air Programme (NCAP) by 2026, updating the earlier goal of 20 to 30 percent reduction by 2024 According to the Environment...
China could see as many as 25,000 deaths a day from Covid-19 in Jan

China could see as many as 25,000 deaths a day from Covid-19 in Jan

by AIP Online Bureau | Dec 30, 2022 | International News, Non-Life, Pandemic, Reinsurance

The jump in cases has fueled concern across the globe about the emergence of new Covid variants that could be more contagious, lethal, or both. That has prompted numerous countries to adopt mandatory testing and entry restrictions for travelers from China, which also...
World population at 7.9 bn on New Year’s Day, 0.9% increase over 2022

World population at 7.9 bn on New Year’s Day, 0.9% increase over 2022

by AIP Online Bureau | Dec 30, 2022 | Eco/Invest/Demography, International News

During January 2023, 4.3 births and two deaths are expected worldwide every second, the Census Bureau said. New York: The world population is projected to be 7.9 billion people on New Year’s Day 2023, with 73.7 million people added since New Year’s Day...

Reliance Gen offers 2.5% discount on premiums for COVID-19 vaccinated customers

by AIP Online Bureau | Dec 29, 2022 | Briefs, Health, Non-Life, Pandemic

In move to promote preventive vaccination, Reliance General Insurance is offering 2.5 per cent discount* on insurance premiums to customers who have taken the COVID-19 vaccines or Booster shot and other vaccines like Human Papillomavirus vaccine or Pneumococcal...

New wearable device may enhance PTSD treatment experience: Study

by AIP Online Bureau | Dec 29, 2022 | Facts, Health, Technology

With PTSD, a honking horn, a crowded coffeehouse or a sharp scent can bring back traumatic memories that can raise the heart rate, increase muscle tension and lead to anxiety and depression. These reactions occur even without the presence of danger, but they pose...

Income tax exemption might be extended to Rs 5 lakh in budget, say sources

by AIP Online Bureau | Dec 29, 2022 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

For persons in the age bracket of 60-80 years, the exemption limit is Rs 3 lakh and for senior citizens above 80, it is Rs 5 lakh. New Delhi: The government is likely to enhance the income tax exemption limit to Rs 5 lakh from the existing Rs 2.5 lakh in the...
Outlook 2023: Negotiating a Hard Reinsurance Market

Outlook 2023: Negotiating a Hard Reinsurance Market

by AIP Online Bureau | Dec 29, 2022 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance

Shankar Garigiparthy,CEO & Country Manager, India Reinsurers have been supporting the Indian market for many years, and have been paying significant amount of claims. With a hardening reinsurance market globally, the Indian market is also likely to face these...
Ship insurers to cancel war cover for Russia, Ukraine from Jan. 1

Ship insurers to cancel war cover for Russia, Ukraine from Jan. 1

by AIP Online Bureau | Dec 29, 2022 | International News, Non-Life

UK P&I Club said on Dec. 23 that the issue had arisen because of a lack of availability of reinsurance for reinsurers, also known as retrocession “The Club’s reinsurers are no longer able to secure reinsurance for war risk exposure to Russian, Ukrainian or Belarus...

Next 40 days crucial as India may see COVID cases surge in mid-January: Health Ministry Sources

by AIP Online Bureau | Dec 28, 2022 | Health, Indian News, Pandemic

As there have been reports of a surge in COVID cases in some countries, the operational readiness of health facilities is being reviewed in all States and Union Territories in case of another wave. Notably, two passengers coming from Dubai tested positive for the...
India aims to double auto industry size to Rs 15 lakh cr by 2024 end: Gadkari

India aims to double auto industry size to Rs 15 lakh cr by 2024 end: Gadkari

by AIP Online Bureau | Dec 28, 2022 | Eco/Invest/Demography, Indian News, Non-Life

Nitin Gadkari, Union minister for Road Transport and Highways ”Currently our automobile industry is Rs 7.5 lakh crore and we want to take it to Rs 15 lakh crore by the end of 2024, making it one of the largest automakers in the world, creating huge job...
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