by AIP Online Bureau | Feb 27, 2024 | International News, Non-Life, Pandemic, Reinsurance, Risk Management
“2023 was another successful year for Munich Re. With the exception of systemic risks – such as cyber and pandemic – our appetite for covering existential risks for people and enterprises is far from exhausted, ” said Joachim Wenning, Chair of the Board of...
by AIP Online Bureau | Feb 27, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Risk Management, Technology
The private sector cannot provide cover for the greatest systemic cyber risks, such as the failure of critical infrastructure or cyber war. But a potential solution to this complex problem is a governmental backstop – a precautionary measure of last resort, Munich Re...
by AIP Online Bureau | Feb 27, 2024 | Health, Indian News, Regulation
McDonald’s biggest India franchisee, Westlife Foodworld, has been defending its use of “real cheese” after media reported that state authorities last year found some products made use of so-called cheese analogues of vegetable oil, rather than real...
by AIP Online Bureau | Feb 27, 2024 | Indian News, Life, Non-Life, Regulation
However, no final decision on the matter can be taken by the lenders of RCL now as the Supreme Court’s stand on the Torrent Investment’s plea against the second round of auction held by the lenders of RCL is still pending with the apex court Mumbai: The...
by AIP Online Bureau | Feb 26, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation
As many as 26,28,865 companies were registered in the country as on January 31, 2024, and out of the total, 16,65,438 companies, or 63 per cent were active, as per the latest official data New Delhi: The matters related to KYC (Know Your Customer), including a...