by AIP Online Bureau | Oct 28, 2022 | Indian News, Policy, Regulation, Risk Management, Technology
The IT rules changes have been in the works for months, though, ever since users red-flagged instances of digital platforms acting arbitrarily. The latest move will arm the users with a grievance appeal mechanism in the form of appellate committees that will look into...
by AIP Online Bureau | Oct 28, 2022 | Eco/Invest/Demography, Health, Indian News
While the COVID-19 pandemic impacted TB programmes across the world, India was able to successfully offset the disruptions through the introduction of critical interventions in 2020 and 2021, which led to the National TB Elimination Programme notifying over 21.4 lakh...
by AIP Online Bureau | Oct 28, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy
The transfer, if concluded, would boost LIC’s net worth by about 18 times from its current value of about 105 billion rupees and top the net worth chart among insurers, including SBI Life and HDFC Life, both the officials said. New Delhi: State owned Life...
by AIP Online Bureau | Oct 28, 2022 | International News, Non-Life, Reinsurance
“The global business environment remains tough for clients. Ongoing inflation and geopolitical instability are affecting all sectors and we expect even more challenging conditions in the already strained property catastrophe market following Hurricane Ian,” commented...
by AIP Online Bureau | Oct 28, 2022 | International News, Non-Life, Reinsurance
“We expect most of the rated regional reinsurers to revise asset allocations amid rate hikes in certain countries, capital market volatility, and inflationary pressures on hedging costs. Regional reinsurers continue to have relatively higher allocation to risky...