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Here is a masonry blog layout with no sidebarPromoting Responsible Artificial Intelligence in Insurance
Govt has money for statues, not public health: Bombay High Court
Political turmoil to be the ‘new normal’ for the world in 2020, risk firm says
Many governments were caught by surprise by the scale and ferocity of the protests and ended up attempting to crackdown on the movements, deploying what human rights group have said were arbitrary arrests and indiscriminate violence. That response has ended up further radicalizing protesters and provoking more violent demonstrations, Verisk Maplecroft said in its Political Risk Outlook 2020.
Digital, physical retail have own advantages, challenges: Kishore Biyani
Japan minister Shinjiro Koizumi becomes first to announce paternity leave
IRDA approves 33 regulatory Sandbox proposals
Some of the other general insurers who have received regulatory approvals for their regulatory sandbox projects are- Religare Health Insurance, Bharti Axa General Insurance Co Ltd, Kotak Mahindra General Insurance, TATA AIG General Insurance, SBI General Insurance, Acko General Insurance Ltd, Liberty General Insurance Ltd, Reliance General Insurance Co, Edelweiss General Insurance.
Jon Hancock to quit Lloyd’s
RBI issues new debit and credit card rules to improve security
RBI has directed banks and other card issuers to enable cards only for use at contact based points i.e. ATMs and Point of Sale (Pos) devices within India at the time of issue of the cards. This means that when a card is issued it will, by default, only be usable to physically swipe at a PoS or at a ATM. It would not be enabled for use online or for contact-less transactions.
WEF sounds alarms about Climate Change risks
Cyber top peril for Asia-Pacific companies for the first time:Allianz Risk Barometer 2020
“For the first time, Cyber overtakes Business Interruption as the top risk for businesses in Asia Pacific. While 2019 saw no major global cyber-incidents in the vein of past events like WannaCry and NotPetya, businesses are increasingly cognizant of the costs associated with being a victim of a cyber-attack, with IBM estimating the average cost of a data breach being slightly under US$4m,” says Mark Mitchell, Regional CEO, Asia Pacific of AGCS.
Register drones by January 31 or face action: Aviation ministry
Kumar Mangalam Birla says ‘slowbalization’ will define decade
Ritu Nanda passes away,holds a record for selling 17,000 LIC pension plans in a day
Nanda’s name was once featured in the Guinness Book of World Records for selling a staggering 17,000 pension plan policies in a single day, IANS reported. She was a “one-window” insurance advisor for top Bollywood personalities in the past over four decades with insurance policies running into stupendous amounts of hundreds of crores of rupees.
Visa to buy fintech startup for $5.3 billion to move beyond card payments
Both Visa and Mastercard have been seeking to move beyond card payments in recent years to extend their rapid revenue growth. Mastercard bought a payments platform owned by Nets for $3.2 billion last year, using its biggest-ever acquisition to move further into so-called account-to-account payments.
Income tax relief likely in Budget: Flat rates, fewer exemptions being considered
At present, an individual can save upto ₹1.5 lakh per annum under Section 80C of the Income Tax Act by making investments in insurance plans and few other specified instruments including buying a pension plan run under the NPS. An additional self contribution (up to ₹50,000) under section 80CCD (1B) is available as NPS tax benefit. In addition, there are deductions for contributing towards paying premium for health insurance and for paying installment for homes bought on loans.
At least 67 dead in avalanches in Pakistan, India: government officials
In what is set to raise concerns over the ongoing climate change, warmer winters and early spring in recent decades have led to an increase in the frequency of snow avalanches in the Western Indian Himalayas, said a recent study published in the official scientific journal of US-based National Academy of Sciences.