Dubai: Moody's Investors Service in a report has said that India's slowing economy will weigh on insurance premium growth over the next 2-3 years, although supportive measures put in place by the Insurance Regulatory and Development Authority of India (IRDAI) will help counterbalance the deteriorating...
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European Union privacy regulators are gearing up to make full use of expanded powers under new data protection rules, according to a report that found 114 million euros ($126.5 million) in fines have been levied so far for data violations, with even higher penalties expected. ...
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Govt has formed a high level panel under IRDA chairman SC Khuntia to bring about wide ranging fresh set of reforms in the Indian insurance sector? What are you suggestions to the panel on reforms required for the Indian insurance industry? IRDAI is constantly bringing...
- ``Raising FDI limit will provide opportunities to existing players as well as to new players''
- ``Opening up to 100% FDI may trigger a fresh wave of consolidation and change of shareholding''
- ``With increasing maturity, the FDI limits can be enhanced beyond 49%''
- ``The FAIR Nat CAT pool has gained the approval to operate in India’’
- ``Growth and profitability are equally important''
Since the end of the ‘AI Winter’, the period from the 1970s to the end of the 1990s characterised by setbacks and disappointment, artificial intelligence (AI) has made remarkableprogress.Today, many insurers are rolling out intelligent systems that automate routine tasks or assist human decisionmaking along...
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