by AIP Online Bureau | Nov 29, 2024 | Eco/Invest/Demography, Health, Indian News, Intermediaries, Life, Non-Life, Policy, Reinsurance
Insurers to be allowed to do certain other business, in addition to insurance business, enabling additional stream of revenue for insurers – like carrying of guarantee or indemnity business, managing and selling property possessed by company in satisfaction of...
by AIP Online Bureau | Nov 29, 2024 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy
This revelation comes amidst widespread outrage in Kerala following reports that nearly 1,500 government employees, including gazetted officers and college professors, had fraudulently claimed social security pensions Thiruvananthapuram: An audit conducted by the...
by AIP Online Bureau | Nov 29, 2024 | Eco/Invest/Demography, International News, Policy, Risk Management, Technology
The law will make platforms including TikTok, Facebook, Snapchat, Reddit, X and Instagram liable for fines of up to 50 million Australian dollars ($33 million) for systemic failures to prevent children younger than 16 from holding accounts Canberra: With bipartisan...
by AIP Online Bureau | Nov 28, 2024 | Indian News, Life, Non-Life, Policy, Regulation
According to an office memorandum dated November 26, 2024, it is proposed to amend certain provisions of insurance laws to ensure accessibility and affordability of insurance to citizens, foster expansion and development of the insurance industry, and streamline...
by AIP Online Bureau | Nov 28, 2024 | Indian News, Non-Life, Policy
M Nagaraju, after becoming the DFS secretary, held his first review meeting with the four state owned general insurance companies in New Delhi on Tuesday New Delhi: M. Nagaraju, secretary, Department of Financial Services (DFS), has asked the four state owned general...