by AIP Online Bureau | Aug 18, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology
Lawrence Wong ,Prime Minister, Singapore Prime Minister Lawrence Wong said easing the regulatory burden and cutting the cost of doing business was part of his government’s efforts to nurture and grow the spirit of innovation and enterprise in Singapore Singapore:...
by AIP Online Bureau | Jul 23, 2024 | Health, Indian News, Intermediaries, Regulation
Rashmi Saluja, non-executive chairperson cum director, Care Health Insurance The issuance of stock options of Care Health Insurance to Rashmi Saluja in her capacity as the chairperson of Raligare Enterprises Ltd(REL), the holding company Care Health Insurance, is in...
by AIP Online Bureau | May 1, 2024 | Eco/Invest/Demography, International News, Life, Non-Life, Regulation, Reinsurance
The Bermuda life insurance market has grown rapidly. Assets increased to $1.1 billion as of YE2022 from $496 million in 2018, and the number of life insurance licenses increased 10% over the same period to 180. This growth has been driven by its economic-based regime,...
by AIP Online Bureau | Apr 2, 2024 | Health, Indian News, Intermediaries, Life, Non-Life, Regulation, Risk Management, Technology
“No other person can commence or operate with same or similar objectives of the Marketplace and functions of the company,’’ the IRDA’s new regulations have clarified The new regulations have provision for penalty for certain violations/breaches by the...
by AIP Online Bureau | Mar 22, 2024 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Regulation, Reinsurance
Debasish Panda, chairman, IRDAI These new regulations encompass pivotal domains such as safeguarding of policyholders’ interests, rural and social sector responsibilities, electronic insurance marketplace(Bima Sugam), insurance products and operation of foreign...
