by AIP Online Bureau | Dec 28, 2022 | Data, Eco/Invest/Demography, Non-Life
“Road accidents decreased by 8.1 per cent and injuries decreased by 14.8 per cent in 2021 compared to 2019.Fatalities, however, on account of road accidents increased by 1.9 per cent in 2021 corresponding to the same period in 2019,” it said New Delhi: A total of...
by AIP Online Bureau | Dec 28, 2022 | Eco/Invest/Demography, Facts, Health
When researchers adjusted for other factors that could affect the risk of dementia, such as sex, age, high blood pressure and diabetes, they found that people over age 65 with hypothyroidism were 80% more likely to develop dementia than people the same age who did not...
by AIP Online Bureau | Dec 27, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
`Devesh Srivastava,CMD, GIC Re Supply side issues like Russia Ukraine conflict, high global inflation, capacity crunch, shortage of capital, large losses including high losses from Hurricane Ian have forced global reinsurers to jack up their prices exorbitantly for...
by AIP Online Bureau | Dec 27, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management
‘Empirical evidence suggests that a build-up of concentration in retail loans may become a source of systemic risk,” the RBI said in its trends and progress in banking report for FY22 Mumbai: Retail loans, long considered a panacea for the banking system,...
by AIP Online Bureau | Dec 27, 2022 | Eco/Invest/Demography, Non-Life, Risk Management, Technology
Cyber criminals are taking advantage of new and advanced methods to cause considerable damage to organisations’ reputation, which could potentially cause huge financial losses. For businesses, taking the right preventive steps and investing in security measures...
by AIP Online Bureau | Dec 27, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The move comes after Tokio Marine & Nichido Fire Insurance, Sompo Japan Insurance and Mitsui Sumitomo Insurance on Friday told shipowners that they would stop offering marine war insurance, which covers damage to ships from war in Russian waters, from Jan Industry...
by AIP Online Bureau | Dec 27, 2022 | Data, Eco/Invest/Demography
Cebr said in its annual World Economic League Table 2023 that over the next five years, the annual rate of GDP growth is expected to average 6.4 per cent, after which growth is expected to average 6.5 per cent in the subsequent nine years The Centre for Economics and...
by AIP Online Bureau | Dec 27, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
Among the sectors, the billionaires favour energy, possibly due to today’s supply constraints and the accelerating secular transition to renewables ”This year’s report highlights how many of the wealthiest in society see it as their responsibility to lead the way,...
by AIP Online Bureau | Dec 27, 2022 | Health, Indian News, Non-Life, Pandemic
The regulator also urged insurers to ensure that empanelled hospitals are prohibited from taking deposit for COVID-19 hospitalisation, sources said, adding, some of the hospitals indulged in asking for deposit for COVID treatment during the first and second wave...
by AIP Online Bureau | Dec 26, 2022 | Climate, Environment, Renewable Energy, Facts
The study claims that by 2070, the Indian mangroves will reduce and shift by around 50 per cent, especially in southern India, due to decline in suitable habitats along the east and west coasts of India Lucknow: A research conducted by Birbal Sahni Institute of...
