by AIP Online Bureau | Apr 16, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology
The RBI said that given the growth in digital transactions and the significant role that PAs play in this space, the current directions on PAs are proposed to be updated and cover, inter alia, KYC and due diligence of merchants, operations in Escrow accounts, and...
by AIP Online Bureau | Apr 16, 2024 | Eco/Invest/Demography, Indian News, Life, Technology, Wealth Management/ Philanthropy
Kumar Mangalam Birla, chairman,Aditya Birla Group “Our Health Insurance business is one of the fastest growing Standalone Health Insurance players driven by a unique ‘Health-first’ model. It also raised capital in FY23 from a marquee sovereign wealth fund, ADIA....
by AIP Online Bureau | Apr 16, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
Chicago/New York: Favorable cyber underwriting results are partly due to prior large increases in premium rates. Insurers are also being more careful in cyber risk selection and the underwriting process. They are requiring that customers maintain proper cyber hygiene...
by AIP Online Bureau | Apr 16, 2024 | Eco/Invest/Demography, International News, Policy
India set to remain fastest growing among major economies in 2024, IMF projects Washington: India is set to remain as fastest growing among major economies in 2024, according to International Monetary Fund’s latest World Economic Outlook. IMF, in its latest...
by AIP Online Bureau | Apr 16, 2024 | Data, Health
Globally, breast cancer cases will increase from 2.3 million in 2020 to more than 3 million by 2040, with low- and middle-income countries being “disproportionately affected”, the commission estimated New Delhi: Breast cancer is now the world’s most...