by AIP Online Bureau | Oct 8, 2026 | Eco/Invest/Demography, Indian News, Regulation
The regulator further said that the claims printed on the pack regarding muscle strength, immunity support and energy metabolism were found to be presented in a way that could mislead consumers about the health benefit of the product. Mumbai: Food regulator Food...
by AIP Online Bureau | Oct 8, 2026 | Eco/Invest/Demography, Health, Indian News, Regulation
The move addresses excessive trade mark-ups and aims to improve affordability while ensuring continued availability of these life-saving medicines, the sources said. New Delhi:The government has decided to cap trade margins at 30 per cent of MRP for all non-scheduled...
by AIP Online Bureau | Oct 8, 2026 | Eco/Invest/Demography, Health, Indian News, Regulation, Risk Management
The guidelines prohibit registered medical practitioners and hospitals from using AI-generated content for advertising their services, soliciting patients or disseminating unverifiable information relating to diagnoses, treatments and outcomes. New Delhi:The National...
by AIP Online Bureau | Oct 8, 2026 | Eco/Invest/Demography, Health, Indian News, Policy
Nirmala Sitharaman,Union Finance Minister Currently, an 18 per cent GST is levied on all such group insurance policies. Almost every organised employer provides cover for its workforce, so the cost of providing the coverage comes down, which should assist the spread...
by AIP Online Bureau | Oct 8, 2026 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
Narendra Modi,Prime Minister Modi flagged the growing challenge posed by deepfakes and said countries need to work together on a global framework to address such emerging threats. NEW DELHI: Prime Minister Narendra Modi on Thursday called for a global framework to...
by AIP Online Bureau | Oct 8, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
According to a new analysis from Allianz Commercial, the average total value of a business interruption claim now exceeds €850,000. This is around 70% higher than the corresponding average property damage claim of close to €500,000, demonstrating that the financial...
by AIP Online Bureau | Oct 7, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries, Regulation, Risk Management
“It is primarily, I think, to consumer interest, to reduce costs and also at the same time to prevent mis-selling,” said RBI Governor Sanjay Malhotra . Mumbai: RBI Governor Sanjay Malhotra has backed the Insurance Regulatory and Development Authority of India’s...
by AIP Online Bureau | Oct 7, 2026 | Indian News, Non-Life, Regulation
Sharad Mathur has already joined IndusInd General Insurance to succeed Rakesh Jain, while Parag Ved, MD & CEO of Liberty General Insurance is currently one of the frontrunners to succeed Tapan Singhel at Bajaj General Insurance, who completes 15 years in March...
by AIP Online Bureau | Oct 7, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology, Workplace/Employee Benefits
Kate Markham, Hiscox London Market CEO, said: “Our research highlights a growing resilience gap. While organisations are investing more in risk management, many still lack the structures, visibility and capabilities needed to understand how disruption spreads across...
by AIP Online Bureau | Oct 7, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Reinsurance
The ratings reflect GIC Re’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, favourable business profile and appropriate enterprise risk management. In addition, the ratings factor in a neutral impact...
