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Strengthening disaster relief mechanism essential for overall development: Rajnath Singh

Strengthening disaster relief mechanism essential for overall development: Rajnath Singh

by AIP Online Bureau | Nov 29, 2022 | Disaster & Management, Eco/Invest/Demography, Indian News

Rajnath Singh, Union Defense Minister India’s approach after the formulation of the National Disaster Management Policy has shifted focus from a relief-centric approach to a ‘multi-pronged’ approach including prevention, preparedness, mitigation,...
Govt funding into health sector needs substantial augmentation: Chairman 15th Finance Commission

Govt funding into health sector needs substantial augmentation: Chairman 15th Finance Commission

by AIP Online Bureau | Nov 29, 2022 | Eco/Invest/Demography, Health, Indian News, Policy

“Furthermore, the per capita health spending of Bihar, Uttar Pradesh and Jharkhand is about half that of Kerala and Tamil Nadu. Equally, the ratio of doctors and nurses to the total population reflected in variations on life expectancy remains on a broad...
Global regulators to target crypto platforms after FTX crash

Global regulators to target crypto platforms after FTX crash

by AIP Online Bureau | Nov 29, 2022 | Eco/Invest/Demography, International News, Risk Management, Technology, Wealth Management/ Philanthropy

“The sense of urgency was not the same even two or three years ago. There are some dissenting opinions about whether crypto is a real issue at the international level because some people think that it’s still not a material issue and risk.Things are changing and due...

AGCS to boost Alternative Risk Transfer team

by AIP Online Bureau | Nov 29, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

With a realigned risk appetite and underwriting strategy, ART will target growth opportunities in two major areas: first, captive solutions including captive fronting, and second in the area of structured solutions, which are multi-year, multi-line coverages,...

Star Health launches New Star Out Patient Care Insurance Policy

by AIP Online Bureau | Nov 29, 2022 | Briefs, Health

Chennai: Star Health and Allied Insurance has recently launched the new Star Out Patient Care Insurance Policy, a standalone cover providing access to the best doctors, clinics and diagnostic centers to the policy holders pan India. Once purchased, the customer can...

YES BANK partners with Turtlefin

by AIP Online Bureau | Nov 29, 2022 | Banking & Bancassurance, Briefs, Life, Non-Life

Mumbai: TurtleFin, an insurtech platform, has partnered with YES BANK, to sell insurance products to bank’s customer through its technology platform – EasyNsure.The platform is already live with over 40 life and general insurance plans being readily available...
India’s GIFT City aims to take On financial hubs in Singapore and Dubai

India’s GIFT City aims to take On financial hubs in Singapore and Dubai

by AIP Online Bureau | Nov 29, 2022 | Articles, Life, Non-Life, Reinsurance

Modi’s government has offered an array of incentives, including a 100% tax holiday for a decade to businesses that set up within the hub’s International Financial Services Center, or IFSC. Rules are being tweaked to encourage Indian companies to lease ships and...
Hackers demand Rs 200 crore in cryptocurrency from AIIMS-Delhi as server remains down for 6th day

Hackers demand Rs 200 crore in cryptocurrency from AIIMS-Delhi as server remains down for 6th day

by AIP Online Bureau | Nov 28, 2022 | Health, Indian News, Technology

It is feared that data of around 3-4 crore patients could have been compromised due to the breach detected Wednesday morning. New Delhi; Hackers have allegedly demanded an estimated Rs 200 crore in cryptocurrency from the All India Institute of Medical Sciences...
Activists aggravate art insurers’ climate headache

Activists aggravate art insurers’ climate headache

by AIP Online Bureau | Nov 28, 2022 | International News, Non-Life, Reinsurance, Risk Management

“At the moment it’s just climate change activists, who are mainly middle-class liberals and are not really intending to damage the work,” said Robert Read, head of art and private client at insurer Hiscox. “What we worry about is if it spreads to other protest groups...
WhatsApp phone numbers of about 50 crore users stolen, put on sale: Report

WhatsApp phone numbers of about 50 crore users stolen, put on sale: Report

by AIP Online Bureau | Nov 28, 2022 | Facts, Technology

This database can be used by hackers for spamming, phishing attempts, identity theft, and other cybercriminal activities. The hacker was selling the US dataset for $7,000, the UK for $2,500, and Germany for $2,000, according to the report. WhatsApp phone numbers of...
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