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Law Commission recommends amendments in Prevention of Damage to Public Property Act

by AIP Online Bureau | Feb 3, 2024 | Eco/Invest/Demography, Indian News, Risk Management

The panel said that destruction of public property has continued undiminished and the scale of destruction has only increased over the years causing gargantuan losses to the public exchequer and inconvenience to the general public New Delhi: The 22nd Law Commission,...
IRDAI asks insurers to put in place Climate Risk Management framework by Apr 1

IRDAI asks insurers to put in place Climate Risk Management framework by Apr 1

by AIP Online Bureau | Feb 2, 2024 | Health, Indian News, Life, Non-Life, Regulation, Risk Management

As part of the Board’s internal governance practices, the Board has to consider and adopt appropriate steps and measures towards succession planning through a process of proper identification and nurturing of individuals for taking up directorship and KMP (Key...
Insurers need not seek its prior-approval for going public: IRDAI

Insurers need not seek its prior-approval for going public: IRDAI

by AIP Online Bureau | Feb 2, 2024 | Health, Indian News, Life, Non-Life, Policy, Regulation

The IRDAI will soon provide more clarity on capital structure of the applicants seeking new registration and provide more clarity on applicability of requirement of prior- approval for transfer of shares Hyderabad: Announcing  some key measures, Indian insurance...
Defamation should be retained as an offence in criminal laws: Law Panel

Defamation should be retained as an offence in criminal laws: Law Panel

by AIP Online Bureau | Feb 2, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management

In its report on the law on criminal defamation submitted to the government on Thursday, the panel asserted that it is important to keep in mind that the right to reputation flows from Article 21 of the Constitution, and being a facet of right to life and personal...

14.1 lakh new cancer cases, 9.1 lakh deaths in India during 2022: WHO

by AIP Online Bureau | Feb 2, 2024 | Data, Eco/Invest/Demography, Health

In India, the risk of developing cancer before turning 75 was calculated to be 10.6 per cent, while the risk of dying from cancer by the same age was found to be 7.2 per cent. Globally, these risks were 20 per cent and 9.6 per cent, respectively New Delhi: In 2022,...
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