by AIP Online Bureau | Apr 25, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Non-Life, Regulation, Risk Management, Technology
The plans come as internal government data shows individuals have lost funds of nearly $1.26 billion in financial institutions to cyber fraud since 2021, with one of the sources saying about 4,000 fraudulent accounts are opened every day Tens of thousands of Indians...
by AIP Online Bureau | Apr 25, 2024 | Breaking News!, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Russian companies Sogaz Insurance, Alfastrakhovanie, and VSK Insurance, have joined Ingosstrakh as insurers approved by India for providing marine insurance cover, an order posted on Indian shipping regulator’s website showed “With the backing of the...
by AIP Online Bureau | Apr 25, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology
In a statement the ICICI Bank spokesperson said that it came to their notice that “about 17,000 new credit cards which were issued in the past few days were erroneously mapped in our digital channels to wrong users”. “No instance of misuse of a card...
by AIP Online Bureau | Apr 25, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News
Gurpreet Chhatwal, Managing Director, CRISIL Ratings, “The ESG scores, which will henceforth be called ‘ESG ratings’, have already found traction among market participants. These are based on a unique India specific framework that factors in nuances at the sectoral...
by AIP Online Bureau | Apr 25, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Risk Management
Jack Suk, Underwriter, Political Risks & Trade Credit, Asia Pacific, Beazley said: “Materials vital to the energy transition and development of electric goods are an increased focus for companies. As some developed countries look to move their supply chains away...
