by AIP Online Bureau | Jul 4, 2026 | Indian News, Regulation
There have been concerns that hefty upfront commissions encourage distributors to prioritise sales volumes over customer suitability, resulting in mis-selling and customers being pushed into purchasing policies frequently. MUMBAI: India’s insurance regulator is...
by AIP Online Bureau | Jul 2, 2026 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Extreme weather events — such as the heat wave gripping Europe — are making a growing number of assets too risky to insure, according to a director at Europe’s largest primary insurer. “Certain locations and perils cannot be covered as we would wish them to be...
by AIP Online Bureau | Jul 2, 2026 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
The RBI also told the Parliamentary Standing Committee on Finance, headed by BJP member Bhartruhari Mahtab, that China and Qatar are among the countries that have banned such financial activities, while Europe has allowed virtual digital assets in a very stringent,...
by AIP Online Bureau | Jul 2, 2026 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology
In its notice to WhatsApp, the government had expressed concern that the proposed username feature may “materially increase” cases of online fraud, phishing, digital arrest scams, and impersonation attacks by enabling bad actors to solicit and message victims. New...
by AIP Online Bureau | Jul 2, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Risk Management, Technology
“AI-enabled cyber attacks emerged as the most important near-term challenge,” it said in the comments that come amid heightened commentary around the capabilities of systems like Mythos. Mumbai:Artificial intelligence-enabled cyberattacks were classified...
