by AIP Online Bureau | Jun 10, 2022 | Indian News, Life, Regulation
The move will enable life insurers to launch most of the products (except individual savings, individual pensions and annuity) in a timely manner according to the dynamic needs of the market The board will have to also constitute a Product Management Committee (PMC),...
by AIP Online Bureau | Jun 10, 2022 | Indian News, Intermediaries, Life, Non-Life, Regulation
In order to take forward the process of setting out reforms for increasing insurance penetration and facilitating sustainable growth of the industry and to explore the emerging trends and opportunities such as technology based core processes, Insutech, Risk...
by AIP Online Bureau | Jun 10, 2022 | Health, International News, Policy
Under decriminalization, it is no longer a crime to grow and trade marijuana and hemp products, or use parts of the plant to treat illnesses. Cafes and restaurants can also serve cannabis-infused food and drinks — but only if the products contain less than 0.2...
by AIP Online Bureau | Jun 10, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Janet Yellen, US Treasury Secretary The US has already outlawed imports of Russian oil and the European Union has agreed to prohibit seaborne imports of Russian crude in six months. On top of that, the bloc has worked toward coordinating with some Group of Seven...
by AIP Online Bureau | Jun 10, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Temperatures in southern Africa rose at twice the global rate on average in the five years leading up to 2019, according to a report by the Intergovernmental Panel on Climate Change Yet insurers are undeterred, with some looking to expand even in vulnerable...
