by AIP Online Bureau | Dec 17, 2023 | Eco/Invest/Demography, Health, Indian News, Intermediaries, Life, Non-Life, Regulation, Technology
Going by the earlier plans, Bima Sugam, built with a budget of Rs 200 crore,will be a centralised marketplace and a one-stop-shop for all insurance-related queries, including policy purchase, claim settlement, insurance advice and grievance redressal New...
by AIP Online Bureau | Dec 8, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Life, Non-Life
Insurers continue to have “material exposure” to climate change through investments in fossil fuels and energy-intensive industries, as well as through their underwriting of natural catastrophe risk, the global insurance watchdog said London: Insurers are...
by AIP Online Bureau | Nov 22, 2023 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
Financial watchdogs are stepping up scrutiny of insurers to monitor the developing risks as the industry retreats from markets deemed too risky to cover. BIS researchers are urging the industry, governments and regulators to work together to ensure there’s adequate...
by AIP Online Bureau | Nov 16, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Denys Shmyhal, Prime Minister of Ukraine, said: “The launch of the Unity facility will enable Ukraine to provide vital food supplies to the world at the same time as supporting the Ukrainian economy and keeping the Black Sea open for international trade. This...
by AIP Online Bureau | Nov 14, 2023 | Banking & Bancassurance, Eco/Invest/Demography, International News, Life, Non-Life, Pension & Social Security, Policy, Reinsurance, Risk Management
The Bank wants to see how market players cope when there are huge demands for liquidity, such as meeting extra margin calls on positions in a short time. London: The Bank of England said on Friday it would start the second leg to its first system-wide stress test of...
