by AIP Online Bureau | May 14, 2024 | Indian News, Risk Management
A bench presided over by Justice Bela M Trivedi said that the very purpose and object of the Consumer Protection Act, 2019 was to provide protection to consumers from unfair practices and unethical business practices only, adding that the legislature never intended to...
by AIP Online Bureau | May 14, 2024 | Eco/Invest/Demography, Indian News, Regulation, Risk Management
The findings underscore the vulnerability of millions of traders to the risks of price manipulation in this segment due to fewer compliance requirements. They also highlight the limitation of regulatory warnings aimed at curbing enthusiasm for tiny IPOs in India,...
by AIP Online Bureau | May 14, 2024 | Indian News, Non-Life, Policy
“Prima facie, we are of the view that a right balance will have to be struck for ensuring that vehicles remain compliant with PUC norms but, at the same time, all vehicles must have third party insurance,” the bench said New Delhi: The Supreme Court on Monday said...
by AIP Online Bureau | May 14, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Catastrophe bonds and other insurance-linked securities, which powered last year’s highest-returning hedge fund strategy, are built on calculations that can underestimate a new breed of risk stemming from high-frequency events such as wildfires and thunderstorms,...
by AIP Online Bureau | May 14, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Regulation
Major insurers and ship engine makers have already withdrawn cover for Russia’s tanker fleet, which Moscow is relying on to maintain the country’s oil trade after Washington and its allies including the European Union imposed a raft of sanctions for its invasion of...
