by AIP Online Bureau | Jan 15, 2020 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management
Mumbai: To improve user convenience and increase the security of debit and credit card transactions, the banking regulator Reserve Bank of India(RBI) has now asked the banks to provide facility to switch on / off and set / modify transaction limits (within the...
by AIP Online Bureau | Jan 15, 2020 | International News, Reinsurance
London: Today Lloyd’s announced that Jon Hancock has decided to step down as Performance Management Director(PMD) in 2020.Jon’s ground-breaking and market leading approach has reset the performance agenda, and in 2019 he also took the lead on...
by AIP Online Bureau | Jan 15, 2020 | Eco/Invest/Demography, Indian News, Regulation, Technology
Hydearabad: Even as the regulator IRDAI has approved 33 proposals out of 173 projects related to Health, Motor and Intermediaries under its innovative regulatory sandbox project, ICICI Lombard General Insurance has bagged the maximum projects-...
by AIP Online Bureau | Jan 15, 2020 | Eco/Invest/Demography, Facts, Workplace/Employee Benefits
Tokyo: Japan's environment minister on Wednesday said he would take two weeks of paternity leave, the first time a cabinet minister has publicly committed to such a move in the country. Shinjiro Koizumi, a media-savvy 38-year-old married to a former...
by AIP Online Bureau | Jan 14, 2020 | International News, Non-Life, Reinsurance
Zurich Insurance Group AG expects to have more power to increase commercial insurance rates than it has seen in almost two decades as a shortage of supply and high natural catastrophe payouts help reverse declining premiums. “The last time this...