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IRDAI proposes to increase free look period to 30 days for policyholders

IRDAI proposes to increase free look period to 30 days for policyholders

by AIP Online Bureau | Feb 15, 2024 | Health, Indian News, Life, Non-Life, Regulation, Technology

No policy in case of life insurance shall be issued unless nomination is obtained, Nomination provisions relating to general, wherever applicable and health insurance policies introduced, Insurance policies meeting the defined criteria to be issued in Electronic form,...
IRDAI proposes to increase free look period to 30 days for policyholders

IRDAI unveils regulations for Bima Sugam, services will be free for customers

by AIP Online Bureau | Feb 13, 2024 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Regulation, Risk Management, Technology

Bima Sugm will officially called as Rashtriya Bima Sugam Nigam Ltd and the shareholding of the company will be widely held amongst Life insurers, General Insurers and health insurers. Starting with a capital of Rs 200 crore, the shareholders, as and when required,...
SC refuses to entertain plea to frame guidelines for regulation of trading of cryptocurrencies

SC refuses to entertain plea to frame guidelines for regulation of trading of cryptocurrencies

by AIP Online Bureau | Nov 11, 2023 | Eco/Invest/Demography, Policy, Regulation, Risk Management, Technology

Insofar as the main reliefs are concerned, they are more in a nature of a legislative direction which the court cannot issue under Article 32 of the Constitution,” the bench said in its order passed on Friday New Delhi:, The Supreme Court has refused to...

FACTBOX-Governments race to regulate AI tools

by AIP Online Bureau | Oct 26, 2023 | Eco/Invest/Demography, Features, Policy, Regulation, Risk Management, Technology

Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree laws governing the use of the technology. Here are the latest steps national and international governing bodies are...
Global crypto regulations focus at G20 summit

Global crypto regulations focus at G20 summit

by AIP Online Bureau | Sep 7, 2023 | Eco/Invest/Demography, International News, Regulation, Technology, Wealth Management/ Philanthropy

Regulations are expected to help investors harness the potential benefits of crypto-assets while mitigating associated risks by addressing security, consumer protection, financial stability and international cooperation issues Kualalumpur: Ongoing crypto market...
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