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...
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...
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...
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...
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...