by AIP Online Bureau | Sep 7, 2018 | Indian News, Regulation, Risk Management
Mumbai: The Reserve Bank of India has imposed a Rs 10 million penalty on Union Bank of India for failing to detect and report fraud on time. "This is to inform that Reserve Bank has imposed a penalty of Rs 10 million on the bank for delay in...
by AIP Online Bureau | Sep 6, 2018 | Climate, Environment, Renewable Energy, International News
New York: UN Secretary General Antonio Guterres cited the devastating floods in Kerala and the wildfires in California as he expressed concern that climate change is "running faster than we are” and called for urgency and action to prevent ever...
by AIP Online Bureau | Sep 6, 2018 | International News, Reinsurance
OLDWICK: The first five positions in A.M. Best’s annual ranking of the Top 50 Global Reinsurance groups experienced some reshuffling in 2017, most notably in the top spot as Munich Reinsurance Company reclaimed the No. 1 position from Swiss Re Ltd....
by AIP Online Bureau | Sep 6, 2018 | Health, Indian News
Hyderabad: The insurance regulator IRDAI has suspended its earlier order asking insurers to cover genetic disorder diseases after the Supreme Court stayed the Delhi High Court verdict that had favoured providing covers to such diseases. Delhi...
by AIP Online Bureau | Sep 5, 2018 | Facts, Health
New data published in The Lancet Global Health today show that more than one in four adults globally (28% or 1.4 billion people) are physically inactive. However this can be as high as one in three adults inactive in some counties. The paper, authored by...