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SAT stays Irdai order transferring Sahara’s Life Insurance biz to SBI Life

by AIP Online Bureau | Jun 13, 2023 | Indian News, Life, Regulation

“The fact that the earlier direction of the respondent (Irdai) in transferring the business to ICICI Prudential Life Insurance Company was set aside in 2018 and since then no steps had been taken to transfer the policies, we find it strange that such steps have...
UK self-driving car dreams could break down at the starting line

UK self-driving car dreams could break down at the starting line

by AIP Online Bureau | Jun 13, 2023 | Eco/Invest/Demography, International News, Non-Life, Technology

Despite the government’s vision to be a world leader in AV technology, truly driverless cars are not currently permitted on Britain’s roads, making it difficult for start-ups to commercialize their vehicles and insurers to assess their risks. Britain could lose out on...

EU regulators may demand Google to sell part of ad-tech business – source

by AIP Online Bureau | Jun 13, 2023 | International News, Regulation, Technology

The EU’s top antitrust watchdog, the European Commission, could issue a formal complaint against Google as early as Wednesday, the source said, further intensifying trans-Atlantic efforts to diminish the tech giant’s dominance in digital ads European Union antitrust...

IRDAI appoints Zuno General Insurance as Goa’s lead insurer

by AIP Online Bureau | Jun 13, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Regulation

Motor insurance dominates the market, accounting for approximately 77% of the state’s Gross Written Premium (GWP), followed by fire and property insurance at 14%, and marine cargo and hull insurance at 3.5% Mumbai: Zuno General Insurance (Formerly Edelweiss...
Stalin opposes New India’s Hindi circular, have gone by rule books, says NIA

Stalin opposes New India’s Hindi circular, have gone by rule books, says NIA

by AIP Online Bureau | Jun 13, 2023 | Indian News, Non-Life

M.K. Stalin,Chief Minister,Tamil Nadu In a social media post, the Tamil Nadu Chief Minister said that the circular in Hindi was “unjust”, and demanded its “immediate withdrawal” However, NIA has clarified that under rules company’s...
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