by AIP Online Bureau | Aug 14, 2023 | Briefs, Life
The government has appointed R Doraiswamy, 56, executive director, (IT/SD), Life Insurance Corporation as managing director of the corporation in place of Ipe Mini , who will be retiring on 31st August. He will be retiring on 31st...
by AIP Online Bureau | Aug 14, 2023 | Eco/Invest/Demography, Health, Non-Life, Policy, Regulation, Reinsurance
Under the proposed changes, people who pay the 2 per cent surcharge would also no longer receive any rebate, which currently reduces premiums by about 8 per cent for people earning USD 108,001-USD 144,000 Sydney: Private health insurance in Australia is under review,...
by AIP Online Bureau | Aug 14, 2023 | Indian News, Life, Non-Life
“We are keen on taking insurance related initiatives to the masses through new age technologies like AI, ML and Blockchain etc and undertake research in the areas of Cyber security, Financial Inclusion, Social Security, Crop yields, Risk Management, allied areas...
by AIP Online Bureau | Aug 14, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Regulation
Christopher Au, Director, Climate and Resilience Hub, Asia Pacific at WTW, said: “Regulations and best practices across Asia Pacific are increasingly requiring Boards to demonstrate climate skills. Our insurance partners are also setting expectations for those seeking...
by AIP Online Bureau | Aug 13, 2023 | Banking & Bancassurance, Indian News, Regulation, Technology
The RBI is looking to extensively use advanced analytics, artificial intelligence and machine learning to analyse its huge database and improve regulatory supervision over banks and NBFCs. For this purpose, the central bank plans to hire external experts Mumbai: The...