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Draft AI regulation framework to be released by July: Rajeev Chandrasekhar

Draft AI regulation framework to be released by July: Rajeev Chandrasekhar

by AIP Online Bureau | Feb 20, 2024 | Indian News, Risk Management, Technology

‘We will fully exploit the potential of AI but set up the guardrails as well to prevent misuse. We are today seen by the world at the forefront to harness AI technology. We are all for deploying AI across use cases, from farm to factories and we want to use AI...

Howden India is now Great Place To Work certified

by AIP Online Bureau | Feb 20, 2024 | Briefs, Intermediaries, Workplace/Employee Benefits

Howden Insurance Brokers India has been Great Place To Work® Certified™ in India from Febuary,2024 to Febraury,2025! “The certification serves as a testament to our ongoing efforts in promoting a culture of collaboration, innovation, and employee satisfaction. It not...

Overseas Indian students can now avail US Dollar health plan from HDFC Life International

by AIP Online Bureau | Feb 20, 2024 | Briefs, Health, Life, Non-Life

HDFC Life International, based in GIFT IFSC, has launched a comprehensive US Dollar Student Health Insurance Plan, under the plan name ‘Global Student Health Care’. The plan is designed for students who are presently pursuing higher education abroad. It offers...
India seeks $26 bln of private nuclear power investments

India seeks $26 bln of private nuclear power investments

by AIP Online Bureau | Feb 20, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

This is the first time New Delhi is pursuing private investment in nuclear power, a non-carbon-emitting energy source that contributes less than 2% of India’s total electricity generation. The funding would help India to achieve its target of having 50% of its...
IRDAI considers mandating Cross Boarder Reinsurers to furnish large collaterals for accessing Indian business

IRDAI considers mandating Cross Boarder Reinsurers to furnish large collaterals for accessing Indian business

by AIP Online Bureau | Feb 20, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Reinsurance

`The CBRs have been getting significant amount of premiums from India and their share in the Indian reinsurance market is increasing. It is now felt necessary to ring-fence the interests of Indian insurers to maintain their ability to meet obligations towards...
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