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China poised to impose a record fine on PwC

by AIP Online Bureau | May 30, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management

PwC faces a fine of at least 1 billion yuan ($138 million), the people said. That would exceed the previous record fine for an accounting firm, the 212 million yuan handed out to Deloitte Touche Tohmatsu Ltd. in 2023 China is poised to impose a record fine on...

Sandeep Batra to be chairman of ICICI Prudential Life Insurance from June 30

by AIP Online Bureau | May 30, 2024 | Briefs, Life, Regulation

The Insurance Regulatory and Development Authority of India has approved the appointment Sandeep Batra, current an executive director, ICICI Bank as the next chairman of ICICI Prudential Life Insurance. The appointment will be effective from June 30, 2024. Batra, who...
Ayushman Bharat: Govt spends Rs 89,000 crore for treating 7 crore people, says Health Secy Apurva Chandra

Ayushman Bharat: Govt spends Rs 89,000 crore for treating 7 crore people, says Health Secy Apurva Chandra

by AIP Online Bureau | May 30, 2024 | Eco/Invest/Demography, Health, Indian News, Risk Management

Apurva Chandra,Union health secretary Union health secretary Apurva Chandra stated that “e-Sanjeevani, the world’s largest telemedicine initiative, serving 241 million patients, including 57 per cent women and 12 per cent senior citizens has led to savings...
New India and GIC Re to launch India’s first Digital Identity Monitoring and Insurance Solution

New India and GIC Re to launch India’s first Digital Identity Monitoring and Insurance Solution

by AIP Online Bureau | May 30, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management, Technology

“As more of the Indian population moves online and shares sensitive identity information on various platforms, it’s vital that individuals have access to the right protection should their data be breached. We are pleased to introduce our latest innovation in...
Provide compensation to families of those killed in heatwave: Rajasthan HC to govt

Provide compensation to families of those killed in heatwave: Rajasthan HC to govt

by AIP Online Bureau | May 30, 2024 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Policy, Risk Management

The court said there was a need to declare heatwaves and cold waves “national calamities” and looking at the fact that a large number of people have lost their lives due to extreme heatwaves and heatstrokes during summers and chilling cold during winters,...
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