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Disclosure or disclaimer must for celebrities, influencers endorsing as health experts: Govt

by AIP Online Bureau | Aug 10, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation

”Celebrities, influencers and virtual influencers presenting themselves as health experts or medical practitioners, when sharing information, promoting products or services or making any health-related claims, must provide clear disclaimers, ensuring the...
IRDAI launches impact study on Risk Based Capital framework

IRDAI launches impact study on Risk Based Capital framework

by AIP Online Bureau | Aug 10, 2023 | Indian News, Non-Life, Reinsurance, Risk Management

This study holds paramount significance, as it provides the opportunity to comprehensively evaluate the potential impact on the capital and overall solvency of the insurers This framework would serve as a pivotal mechanism which would enable insurers to maintain an...

Axis Bank to infuse Rs. 1,612 crore in Max Life, Stake to go up to 19.02%

by AIP Online Bureau | Aug 10, 2023 | Indian News, Life

Max Life Insurance new business margin (NBM) expanded to 22.2% in Q1FY24, improved 110 bps over corresponding previous quarter mainly driven by change in product mix Value of New Business (VNB) grew by 16% to Rs. 247 Crore in Q1FY24 New Delhi: After the approval of...

Two wheeler sales in India decline 7.2 pc in July: SIAM

by AIP Online Bureau | Aug 10, 2023 | Data, Eco/Invest/Demography, Non-Life

Commenting on sales data of July 2023, Vinod Aggarwal, President, SIAM said, “Though the Passenger Vehicle and Three-Wheeler segments are performing well, there has been a de-growth of Two-Wheelers in July 2023, compared to July 2022. Overall, we expect that the...

ICICI Lombard General Insurance to be lead insurer for Tripura

by AIP Online Bureau | Aug 10, 2023 | Briefs, Non-Life, Regulation

ICICI Lombard General Insurance Company has been nominated by the IRDAI as a lead insurer in the non-life segment in the state of Tripura. The insurer aims to implement the state insurance plan,ensuring access insurance services to uninsured population. The recently...
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