by AIP Online Bureau | Apr 8, 2021 | International News, Life, Reinsurance, Risk Management
Australia’s insurance regulator on Thursday proposed to limit the exposure of life insurers to offshore reinsurers, given its lack of oversight of foreign players. The Australian Prudential Regulation Authority (APRA) said it was starting a consultation...
by AIP Online Bureau | Apr 8, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic
New Delhi A government panel of experts is investigating for any domestic cases of blood clotting, even mild ones, as a side effect of the two COVID-19 vaccines being administered in India, media reported on Friday, citing two people aware of the...
by AIP Online Bureau | Apr 7, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life
New Delhi: Union Minister Nitin Gadkari on Wednesday flagged off 90 basic care ambulances that will provide medical assistance to road accident victims in some states and union territories. These ambulances have been procured at a cost of Rs 18.63 crore. The 90...
by AIP Online Bureau | Apr 7, 2021 | Indian News, Regulation, Risk Management
MUMBAI: India’s market regulator fined Reliance Industries Chairman Mukesh Ambani and others 250 million rupees ($3.36 million) on Wednesday over irregularities in a two-decade-old share issue in the company. Ambani, the country’s richest man, his family...
by AIP Online Bureau | Apr 7, 2021 | Eco/Invest/Demography, Indian News, Non-Life
New Delhi: The IRDAI on Wednesday proposed a regulatory framework to facilitate general insurance companies to offer trade credit insurance covers to suppliers as well as licensed banks and other financial institutions to help businesses manage country risk....
