by AIP Online Bureau | Dec 21, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
President Droupadi Murmu The Bill introduces an elaborate framework on duties and liabilities, including civil liability for nuclear damage. It caps the maximum liability for each nuclear incident at the rupee equivalent of 300 million Special Drawing Rights, with the...
by AIP Online Bureau | Dec 21, 2025 | Eco/Invest/Demography, Indian News, Life, Pension & Social Security, Policy, Regulation
All these reforms come as Prime Minister Narendra Modi and his administration want to make India a developed economy by 2047,a goal that requires economic growth of about 8% per year, and policymakers are betting on rapid industrialization and deeper capital markets...
by AIP Online Bureau | Dec 21, 2025 | Disaster & Management, Indian News, Risk Management
The plea alleged that despite weather advisories issued by the meteorological centre in Srinagar and the J-K Disaster Management Authority, the pilgrimage was not suspended, which amounted to criminal negligence by the CEO and other officials of the Shri Mata Vaishno...
by AIP Online Bureau | Dec 21, 2025 | Indian News, Risk Management, Technology
Under the proposed terms, Infosys McCamish Systems had agreed to pay $17.5 million into a fund to settle all the pending class action lawsuits related to a cybersecurity incident in 2023, which identified the Infosys subsidiary as the main source. New Delhi:A US court...
by AIP Online Bureau | Dec 21, 2025 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
More than $5 billion of cat bonds with some level of exposure to wildfire risk were issued by insurers and sold to investors this year, according to Artemis, a specialist in insurance-linked securities that tracks market trends. That’s more than twice the level in...
