by AIP Online Bureau | Apr 15, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News
A bank receiving cheques for collection acts as an agent of the customer and is under an obligation to exercise due diligence in presenting the instruments within the prescribed validity period. The failure to do so, resulting in the instrument becoming stale, in the...
by AIP Online Bureau | Apr 7, 2026 | Health, Indian News, Non-Life, Regulation
The committee will review the current landscape of private health insurance in India including coverage, penetration, claims experience, product design, grievance redressal and consumer experience. It will recommend regulatory,policy, and operational measures to...
by AIP Online Bureau | Nov 25, 2024 | Indian News, Life, Risk Management, Technology
The company, in its statement, did not elaborate if the source had obtained the data by breaching the company’s security, or what data was shared Mumbai: HDFC Life Insurance Company said on Monday that an unknown source shared certain customer data with the...
by AIP Online Bureau | Oct 9, 2024 | Health, Indian News, Risk Management, Technology, Workplace/Employee Benefits
“We acknowledge that we were the victim of a targeted malicious cyberattack, resulting in unauthorized and illegal access to certain data. We make it absolutely clear that our operations remain unaffected, and all services continue without disruption,” Star...
by AIP Online Bureau | Jun 10, 2024 | Indian News, Non-Life, Regulation, Reinsurance
The IRDA has outlined 14 key points which have to be mentioned mandatorily in the `Customer Information Sheet’ by the general insurers with immediate effect This is a positive step towards making insurance more customer-friendly, ensuring smoother claims...
