by AIP Online Bureau | Apr 7, 2022 | Indian News, Intermediaries, Life, Non-Life, Regulation
Debasish Panda, chairman,IRDAI “We have decided to dispense with renewal of registration for insurance intermediaries and allow their licenses in perpetuity,” said Debasish Panda, newly appointed chairman of IRDAI while addressing a press conference in...
by AIP Online Bureau | Apr 7, 2022 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Reinsurance
Debasish Panda,chairman, IRDAI “After two-decades of liberalisation, the Indian industry is matured and have to be given more freedom in fixing market determined pricing and launching innovative products,’’ said Panda, who retired as secretary of the department...
by AIP Online Bureau | Apr 7, 2022 | Non-Life, Reinsurance
The Air India’s Delhi-Moscow flight that was scheduled to operate on Thursday stands cancelled, the sources said They stated that the flight was cancelled as it was feared that the insurance may not be valid in Russian skies New Delhi: Air India on Thursday...
by AIP Online Bureau | Apr 7, 2022 | Eco/Invest/Demography, Indian News, Technology
The hackers focused on at least seven “load dispatch” centers in northern India that are responsible for carrying out real-time operations for grid control and electricity dispersal in the areas they are located, near the disputed India-China border in Ladakh, the...
by AIP Online Bureau | Apr 6, 2022 | Health, Indian News, Life, Regulation
Debasish Panda, chairman, IRDAI IRDA chief has hinted that insurers don’t need IRDAI approvals for every product “Each life insurer has actuaries to design their products that can be approved its own board. You should design product so that you can reach out...