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Coastal & Merchant Shipping bills to integrate environmental standards, compliance steps: Sonowal

Coastal & Merchant Shipping bills to integrate environmental standards, compliance steps: Sonowal

by AIP Online Bureau | Feb 20, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management

Sarbananda Sonowal, Union Cabinet Minister. Ministry of Ports, Shipping and Waterways Delivering the valedictory address at the Green Shipping Conclave 2025 here, Sinowal, who is the Union Minister for Ports, Shipping and Waterways, also called for a united approach...

India sees over 30 pc decline in suicide death rates from 1990 to 2021: Lancet

by AIP Online Bureau | Feb 20, 2025 | Data, Eco/Invest/Demography, Health

“While the progress made in declining suicide rates is encouraging, it is clear that suicide continues to impact some countries and populations more than others. Removing suicide stigma and barriers to access mental health support systems remain critical...
IRDAI imposes Rs 1cr fine on UIB Insurance Brokers for flouting premium remittance rules

IRDAI imposes Rs 1cr fine on UIB Insurance Brokers for flouting premium remittance rules

by AIP Online Bureau | Feb 19, 2025 | Indian News, Intermediaries, Non-Life, Regulation, Reinsurance

According to the IRDAI, the broker does not have any right over the insurance premiums so that the amounts are timely remitted to the respective parties to ensure the coverage and payment of claims and thus protect the interest of the policyholders. These are the...

100 pc FDI to help Indian insurance sector reach $222 billion by 2026

by AIP Online Bureau | Feb 19, 2025 | Data, Eco/Invest/Demography, Health, Life, Non-Life, Regulation

“However, it is crucial to understand the complexities of compliance management that companies face in this space. Insurers operate within an exceptionally complex compliance framework, with a typical general insurer managing over 4,500 regulatory obligations...
Govt eases norms for import of vintage cars

Govt eases norms for import of vintage cars

by AIP Online Bureau | Feb 19, 2025 | Data, Non-Life, Policy, Regulation

However, it said such cars that would be plying on public roads will continue to be subject to Motor Vehicles Act, 1988. New Delhi: The government has eased norms for imports of cars classified as “vintage motor vehicles” by actual users, according to a...
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