by AIP Online Bureau | Dec 29, 2024 | Banking & Bancassurance, Indian News, Regulation, Risk Management
“High attrition and employee turnover rate pose significant operational risks, including disruption in customer services, besides leading to loss of institutional knowledge and increased recruitment costs. In various interactions with banks, the Reserve Bank has...
by AIP Online Bureau | Dec 3, 2024 | Health, Indian News, Regulation, Risk Management
The move, effective immediately following an order dated November 29, requires manufacturers to undergo mandatory third-party food safety audits and comply with enhanced quality standards New Delhi: The FSSAI has reclassified packaged drinking water and mineral water...
by AIP Online Bureau | Dec 2, 2024 | Eco/Invest/Demography, International News, Regulation, Risk Management
Officials are concerned that a potential sharp and correlated deterioration in these investments could amplify risks across global insurers. That could spark “asset fire sales” which disrupt corporate funding markets, the BOE warned London: Private equity’s advance...
by AIP Online Bureau | Nov 11, 2024 | Data, Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management
Flood risk is set to increase due to climate change and urban sprawl.Economic benefits of flood adaptation measures can be up to ten times the costs of post-disaster rebuilding. Dykes can reduce flood damage by 60-90%, especially in densely populated regions Zurich:...
by AIP Online Bureau | Oct 7, 2024 | Indian News, Risk Management
Against the backdrop of the potential risk of a jammed or restricted rudder control system, the Directorate General of Civil Aviation (DGCA) has issued safety recommendations to Indian carriers Currently, Air India Express, Akasa Air and SpiceJet operate Boeing 737...
