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8th Bima Manthan: IRDAI and Insurers brainstorm implementation of IFRS and Cyber security measures

8th Bima Manthan: IRDAI and Insurers brainstorm implementation of IFRS and Cyber security measures

by AIP Online Bureau | Nov 18, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Reinsurance

In an era where digital transformation is reshaping industries, cybersecurity has emerged as a paramount concern, with an alarming rise in cyber threats. There was dialogue on urgency of strengthening Information Systems (IS) security, which emerged as a critical...
IFRS 17: Successful Strategies

IFRS 17: Successful Strategies

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...

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