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IFRS 17: Successful Strategies

IFRS 17: Successful Strategies

by AIP Online Bureau | Feb 26, 2024 | Articles, Life, Non-Life, Regulation

It is important to note that IFRS 17 or Ind AS 117 do not alter the fundamentals of business. Good underwriting, expense efficiencies, good risk management and customer satisfaction will remain the core of business. The expected aim of the standard is to bring in more...
Cyber Insurance: Heightened Indian Risk

Cyber Insurance: Heightened Indian Risk

by AIP Online Bureau | Feb 26, 2024 | Articles, Eco/Invest/Demography, Intermediaries, Non-Life, Reinsurance, Risk Management, Technology

Cyber insurance premium costs have increased by over 50% over the past year. Several factors have contributed to the considerable increase in cyber insurance premium in India. This include the surge, sophistication and severity of cyber-attacks that have significantly...

ACKO launches insurance for removable batteries in 2- wheeler EVs

by AIP Online Bureau | Feb 26, 2024 | Briefs, Non-Life, Risk Management, Technology

ACKO has introduced Extended Battery Warranty plan tailored specifically for removable batteries for Electric Vehicles (EVs). The plan is available with the VIDA V1, the first EV launched under the emerging mobility brand VIDA, from Hero MotoCorp. The plan covers the...
NGT asks 53 cities to submit complete report on polluting sources, steps taken to reduce pollution

NGT asks 53 cities to submit complete report on polluting sources, steps taken to reduce pollution

by AIP Online Bureau | Feb 26, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, Policy

“All the cities (53) should disclose the contribution by each polluting source in terms of identified pollutant as per source apportionment and progressive reduction on account of measures taken,” the tribunal said, adding that a complete report” has to be submitted...
Latest NSSO consumer survey indicates poverty down to 5 per cent: NITI Aayog CEO

Latest NSSO consumer survey indicates poverty down to 5 per cent: NITI Aayog CEO

by AIP Online Bureau | Feb 26, 2024 | Eco/Invest/Demography, Indian News, Policy

”This long-awaited consumer expenditure survey has brought out many things. With data on household consumption, we can assess what is the status of poverty in the country and how successful the poverty alleviation measures have been.’The survey findings...
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