by AIP Online Bureau | Oct 27, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
“The expectation that surety bonds should be cheaper than bank guarantees is unsustainable for insurers. Issues related to pricing, reinsurance options, and lack of clarity on indemnity documents further hinder progress. The Indian Contract Act and Insolvency...
by AIP Online Bureau | Oct 27, 2024 | Eco/Invest/Demography, Indian News, Non-Life
The worst-hit districts include Kendrapara, Balasore and Bhadrak, while the human casualty “still stands at zero”. Whenever there is a disaster, people lose their houses and get compensation. This time, we want to bring a permanent solution to the problem and provide...
by AIP Online Bureau | Oct 27, 2024 | Eco/Invest/Demography, Indian News, Policy
The Department of Legal Affairs in the law ministry has invited comments on the draft Arbitration and Conciliation (Amendment) Bill, 2024, saying “the aim and purpose is to provide further boost to institutional arbitration, reduce court intervention in...
by AIP Online Bureau | Oct 27, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Technology
Narendra Modi, Prime Minister “There is no legal system called digital arrest; it’s purely fraud, deceit, a criminal enterprise by those who are enemies of society. Various investigative agencies, in collaboration with state governments, are actively...
by AIP Online Bureau | Oct 27, 2024 | Eco/Invest/Demography, Health, Indian News, Policy
VK Paul,member,Niti Aayog “Under PM-ABHIM, in every block in the country, Blocks Public Health units and labs will be made. In 600 districts, Integrated Public Health Units are being planned. The National Centre for Disease Control will have 30 branches across...
