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BC Patnaik quits as Member, Life, IRDAI

BC Patnaik quits as Member, Life, IRDAI

by AIP Online Bureau | Oct 6, 2024 | Indian News, Life, Regulation

BC Patnaik, Member, Life, IRDAI Recently, Patnaik, who retired as a  managing director of LIC in March 2023, has been selected as the director, National Insurance Academy(NIA) , Pune and is expected to take over his new academic assignment in mid Nov...
NSE Clearing warns investors, clearing members against fake communication

NSE Clearing warns investors, clearing members against fake communication

by AIP Online Bureau | Oct 6, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Technology

These fake circulars and letters, featuring the unauthorized use of NSE Clearing’s logo and letterhead, have been circulating, asking individual investors to make payments concerning their allegedly frozen investment accounts New Delhi: NSE Clearing Ltd, an arm...
AI can be as dangerous for world as nuclear weapons: EAM Jaishankar

AI can be as dangerous for world as nuclear weapons: EAM Jaishankar

by AIP Online Bureau | Oct 6, 2024 | Workplace/Employee Benefits

S. Jaishankar,External Affairs Minister On the ongoing Middle East conflict, he said that today the fight is taking place only for economic corridors, land and sea, but in the future, there will be fights over climate change also. He further highlighted that the...
Mahindra Insurance Brokers launches its new reinsurance division in Dubai International Financial Centre

Mahindra Insurance Brokers launches its new reinsurance division in Dubai International Financial Centre

by AIP Online Bureau | Oct 6, 2024 | Indian News, Non-Life, Reinsurance

Salman Jaffery, Chief Business Development Officer of DIFC Authority, said: “We are delighted to welcome Mahindra Insurance Brokers to DIFC. The firm joins over 125 registered insurers, reinsurers, captives, MGAs and insurance-related entities in the Centre. Our...

The dark side of technology: AI-driven cyberattacks call for upgraded security measures

by AIP Online Bureau | Oct 6, 2024 | Eco/Invest/Demography, Health, Indian News, Policy, Risk Management, Technology

In September 2024, insurer firm Star Health experienced a significant breach that exposed the sensitive health information of its clients on Telegram chatbots. “Cyber criminals today are not operating manually; they are using AI to automate attacks. They are...
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