by AIP Online Bureau | Jan 24, 2025 | Health, Indian News, Regulation
In an order passed by two members of the IRDAI- Rajay Kumar Sinha,(F&I) and Deepak Sood,(Non-Life), the insurance regulator has said that the payments made by RSGI during 2018-19 and 2019-20 to vendors in excess of Rs1 crore were not reported in the outsourcing...
by AIP Online Bureau | Jan 24, 2025 | Pension & Social Security, Policy, Workplace/Employee Benefits
NEW DELHI: Union Labour Minister Mansukh Mandaviya on Friday directed retirement fund body EPFO officials to further streamline claim settlement process, ensure timely grievance redressal, and adopt a public-friendly approach during a review meeting. Mandaviya...
by AIP Online Bureau | Jan 24, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
India’s oil secretary Pankaj Jain said the deadline, as outlined by the US sanctions, for completing financial transactions was March 12. India follows United Nations sanctions, rather than those imposed by individual countries, but fears of secondary sanctions...
by AIP Online Bureau | Jan 24, 2025 | Eco/Invest/Demography, International News, Policy, Regulation, Workplace/Employee Benefits
“When companies are sued by women or people of color and they’re held liable for discrimination … the Trump administration can’t save them and nothing in this executive order can save them,” said Jason Solomon, director of the National Institute for...
by AIP Online Bureau | Jan 24, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The impact of the fires on European reinsurers’ natural catastrophe budgets will clearly be significant, but the implications for their earnings and capital are not likely to be material. Paris/London: The recent Los Angeles wildfires may use up over 30% of the...
