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India has nearly 97 crore voters now, says Poll body

by AIP Online Bureau | Feb 10, 2024 | Data, Eco/Invest/Demography

The gender ratio has increased from 940 in 2023 to 948 in 2024, the poll panel said New Delhi: The Election Commission on Friday said nearly 97 crore Indians will be eligible to vote in this year’s Lok Sabha elections. It also said over two crore young electors...

ESIC extends medical benefits to superannuated insured persons with relaxed norms

by AIP Online Bureau | Feb 10, 2024 | Health, Indian News, Policy

The persons who were in the insurable employment for at least 5 years after April 1, 2012 and superannuated/voluntarily retired on or after April 1, 2017 with wages up to Rs 30,000 per month will be benefitted under the new scheme New Delhi: The Employees’ State...
Britain’s financial regulators need ‘ambitious mindset’, says industry leader

Britain’s financial regulators need ‘ambitious mindset’, says industry leader

by AIP Online Bureau | Feb 10, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Regulation, Reinsurance

“At Lloyd’s, we have the capacity and expertise to evaluate and approve a new underwriting syndicate within 30 days, but the external regulators require many months more before making a decision, causing businesses to set up outside the UK,” said Carnegie-Brown,...

Brazil subsidised rural insurance for Amazon deforested land

by AIP Online Bureau | Feb 10, 2024 | Eco/Invest/Demography, International News, Non-Life

Among the companies cited by Repórter Brasil was a unit of Japan’s Tokio Marine Holdings Inc. In 2020, it provided policies to landowners in Mato Grosso, Brazil’s largest crop-producing state. About 70% of the property covered by the insurance was embargoed due to...
Regularly monitoring compliances of intermediaries with new IT rules: MoS IT

Regularly monitoring compliances of intermediaries with new IT rules: MoS IT

by AIP Online Bureau | Feb 10, 2024 | Eco/Invest/Demography, Intermediaries, Policy, Regulation, Risk Management, Technology

Rajeev Chandrasekhar,Minister of State for Electronics and IT “Intermediaries should take additional measures to not permit any advertisements of illegal loan and betting apps. Intermediaries have been warned that non-compliance will lead to losing exemption from...
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