by AIP Online Bureau | Jul 13, 2022 | Indian News, Non-Life, Reinsurance
Union Agriculture Minister Narendra Singh Tomar said with this important decision, crops of more than 40 lakh farmers of the state will get insurance cover in case of natural calamity New Delhi: Andhra Pradesh has decided to rejoin the Pradhan Mantri Fasal Bima Yojana...
by AIP Online Bureau | Jul 12, 2022 | Indian News, Pension & Social Security, Policy, Workplace/Employee Benefits
“ A holistic assessment of the financial condition of the family has to be made taking into consideration factors like presence of earning member(s), size of family, age of children and the financial needs of a family,” the guidelines said New Delhi: The Union Home...
by AIP Online Bureau | Jul 12, 2022 | Briefs, Life
Bajaj Allianz Life Insurance and Tata AIA Life Insurance have entered into a strategic partnership with City Union Bank, one of the oldest private sector banks in India, to offer their wide array of life insurance solutions to the bank’s existing and future customers,...
by AIP Online Bureau | Jul 12, 2022 | Indian News, Non-Life, Reinsurance, Risk Management
This is reportedly the ninth technical malfunction in a SpiceJet aircraft in the last 24 days. This comes after, DGCA on Wednesday (July 6) issued a show-cause notice to SpiceJet after eight technical malfunctions in its aircrafts since June 19. The aviation...
by AIP Online Bureau | Jul 12, 2022 | International News, Non-Life, Reinsurance, Technology
By combining forces with SOMPO and Munich Re, global leaders in (re)insurance, Chainproof is positioned to become the world’s leading regulated smart contract insurance provider Chainproof plans to offer licensed, institutional-grade insurance coverage for...
by AIP Online Bureau | Jul 12, 2022 | Indian News, Non-Life, Policy
Madhulika Bhaskar, general manager, New India Assurance `The Appointments Committee of the Cabinet (ACC) has approved the proposal of the Department of Financial Services for entrusting financial and administrative powers andfunctions of the post of...
by AIP Online Bureau | Jul 12, 2022 | Briefs, Life, Technology
HDFC Life has invested in Z3Partners’ new fund named ‘Z3Partners Tech Fund’ which is a tech and digital investment focused Venture Capital (VC) fund. Z3 Partners, which is currently raising this Fund of Rs. 500 crore, has already backed best quality startups like...
by AIP Online Bureau | Jul 12, 2022 | Articles, Policy, Risk Management, Technology
For companies like Razorpay, the only hope lies in a data protection law, which has already been five years in the making. It may help them build trust if service providers are required to provide color codes indicating whether a particular piece of personal data...
by AIP Online Bureau | Jul 12, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Supply chains are already strained due to a surge in demand as economies rebound from lockdowns, pandemic disruptions at ports and a lack of new ships. If older vessels move into the slow lane as well, shipping capacity could take another hit at a time when record...
by AIP Online Bureau | Jul 12, 2022 | Data, Policy
The Centre received 5.59 lakh public grievances against various government departments in the first half of this year, with the Department of Financial Services (DFS) getting most of such complaints, according to an official report. Of the total of 5,59,094 complaints...
