by AIP Online Bureau | Jan 9, 2025 | Disaster & Management, Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
J.P. Morgan believes that insured losses originating from the wildfire could be around $10 billion, “We expect a majority of the losses to be related to homeowners’ coverage and a significantly lesser amount to commercial,” it said U.S. private...
by AIP Online Bureau | Jan 9, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Weather catastrophes were responsible for 93% of overall losses and 97% of insured losses. Around 11,000 people lost their lives as a result of natural disasters in 2024 – significantly fewer than the average. Non-peak perils are increasingly fuelling the trend of...
by AIP Online Bureau | Jan 9, 2025 | Articles, Eco/Invest/Demography, Non-Life, Policy, Regulation, Reinsurance, Risk Management, Technology
While clarity on insurability of DPDP Act fines from an enforcement standpoint remains to be witnessed, insurance providers can play a vital role in managing risks and supporting businesses in their efforts to comply with data protection regulations The recently...
by AIP Online Bureau | Jan 8, 2025 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Wealth Management/ Philanthropy
The new norms encompass qualification standards, fee structures, deposit requirements, and client segregation protocols. Mumbai: Markets regulator Sebi on Wednesday said it has issued guidelines on the regulatory framework for research analysts and investment advisers...
by AIP Online Bureau | Jan 8, 2025 | Data, Policy, Workplace/Employee Benefits
The ruling by Justice A. Badharudeen came while dismissing a former Kerala State Electricity Board (KSEB) employee’s plea to quash the sexual harassment case against him filed by a woman staffer of the same organisation The Kerala High Court has held that a...
