by AIP Online Bureau | Nov 17, 2022 | Indian News, Non-Life
Pradhan also sought a probe into the ”conduct of private insurance companies empanelled in the PMFBY in Odisha, especially in Bargarh district” The education minister, in the letter, said that the issue was being raised by him after having received a...
by AIP Online Bureau | Nov 16, 2022 | Indian News, Life
PFRDA has onboarded Shriram Life Insurance Company (SLIC) as the annuity service provider for the NPS scheme. The empanelment will help the insurance company manage the annuity component of the maturity proceeds under the National Pension System (NPS), SLIC said in a...
by AIP Online Bureau | Nov 16, 2022 | Banking & Bancassurance, Eco/Invest/Demography, International News, Technology, Wealth Management/ Philanthropy
The proposed class action filed late Tuesday night in Miami alleges that FTX yield-bearing accounts were unregistered securities that were unlawfully sold in the U.S When the crypto exchange faltered on liquidity concerns, U.S. investors sustained $11 billion in...
by AIP Online Bureau | Nov 16, 2022 | Workplace/Employee Benefits
The FTX unraveling, which led to its bankruptcy filing and lopped about $200 billion off crypto market value in the last week, is occurring as the EU is about to implement new legislation on supervision of cryptoasset service providers The measure will also add...
by AIP Online Bureau | Nov 16, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Ministers have pushed for insurers to be able to direct more capital into areas such as infrastructure and climate transition. The Prudential Regulation Authority (PRA) has warned that loosening the restrictions on where insurers can invest could put future...
