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NGT seeks response from states on Arsenic fluoride in groundwater and tree cover loss

by AIP Online Bureau | Nov 22, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management

The NGT had earlier sought the response of various states and union territories in the matter. It had taken suo motu (on its own) cognisance of a newspaper report regarding the detection of arsenic and fluoride in the groundwater across 230 districts in 25 states, and...

Chaucer appoints Jonathan Ng as new Class Underwriter in Political Risk, Singapore

by AIP Online Bureau | Nov 22, 2024 | Briefs, Non-Life, Reinsurance

Chaucer, the leading global speciality (re)insurance group, announces the appointment of Jonathan Ng as new Class Underwriter in Political Risk, Singapore.Jonathan joins Chaucer from AXA XL where he specialised in political risk underwriting in Catlin’s Lloyd’s...
No new Bill on insurance reforms in Winter Session of Parliament

No new Bill on insurance reforms in Winter Session of Parliament

by AIP Online Bureau | Nov 21, 2024 | Eco/Invest/Demography, Indian News, Intermediaries, Life, Non-Life

Indian insurance industry is expecting legislative measures allowing 100 % FDI and launching new systems like composite license’, differential capital’, reduction in solvency norms’, captive license, change in investment regulations, one-time...

Insurtech firm Zopper raises $25 million in Series D funding round

by AIP Online Bureau | Nov 21, 2024 | Indian News, Technology

“The round also saw participation from existing investor Blume Ventures, said Zopper which is also backed by Creaegis, Bessemer Venture Partners and ICICI Venture. Zopper will use this fresh funding to ramp up its digital technology infrastructure, by...
GIFT IFSC emerging as a global innovative re/insurance market place, says IFSCA chairman

GIFT IFSC emerging as a global innovative re/insurance market place, says IFSCA chairman

by AIP Online Bureau | Nov 21, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life, Reinsurance, Technology

K Rajaraman, chairman, International Financial Services Centre Authority IFSCA’s light touch and principle-based regulations have been aligned to global standards to provide the entities with flexibility to offer products in various classes of business including...
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