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CERT-In takes steps to safeguard key infrastructure from hackers throughout border

by AIP Online Bureau | Jul 12, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Technology

Cyber assaults on important infrastructure by nation-state dangerous actors have elevated considerably and India noticed a 70 per cent improve in ransomware exercise within the fourth quarter (This autumn) of 2021, in keeping with cybersecurity firm Trellix CERT-In...
India to surpass China as most populous country in 2023, U.N. report says

India to surpass China as most populous country in 2023, U.N. report says

by AIP Online Bureau | Jul 11, 2022 | Eco/Invest/Demography, International News

In 2021, the average fertility of the world’s population stood at 2.3 births per woman over a lifetime, having fallen from about 5 births in 1950. Global fertility is projected to decline further to 2.1 births per woman by 2050 India is set to surpass China as the...

China unveils action plan to improve domestic standards across industries

by AIP Online Bureau | Jul 11, 2022 | Eco/Invest/Demography, Health, International News, Policy

The plan covered a wide range of domestic industries, as well as setting out tasks to help achieve broader goals such as China’s net-zero emissions plan and better prevention of major epidemics and terrorism attacks China on Friday published an action plan to improve...
IRDA constitutes 2 panels to sort out reinsurance issues in life and non-life insurance industry

IRDA constitutes 2 panels to sort out reinsurance issues in life and non-life insurance industry

by AIP Online Bureau | Jul 11, 2022 | Indian News, Life, Non-Life, Regulation, Reinsurance

Non-life panel headed by Bhargav Dasgupta, MD and CEO, ICICI Lombard General Insurance, to deliberate on issues like Obligatory Cession, Cession cap on cross boarder reinsurers, introduction of emerging risk transfer solutions (ART, ILS, CAT bonds etc.), and...
Delhi HC further adjourns “Singh Vs Government of India” case  to Sep 8, NIA CMD appointment to get delayed

Delhi HC further adjourns “Singh Vs Government of India” case  to Sep 8, NIA CMD appointment to get delayed

by AIP Online Bureau | Jul 11, 2022 | Indian News, Non-Life

Indicating a possible scenario, industry observers say the government will now go ahead and appoint GMDs of PSU general insurers who can be selected by the FSIB and these GMDs( each company has provisions for two GMDs) can be given temporary charge of CMD of the...
8 new Insurance Ombusdmen selected

8 new Insurance Ombusdmen selected

by AIP Online Bureau | Jul 11, 2022 | Indian News, Life, Non-Life

Atul Sahai, former CMD, New India Assurance has been selected for Lucknow along with Manoj K Parida, a retired IAS officer for Bhubaneswar, Bimbadhar Pradhan, ( retired IAS for Noida), C Vikash Rao (Life Insurance Corporation for Ahemedabad),Sumeet Jarath(Delhi),...

4.4 million are in “serious financial difficulties” and a further 20% are “struggling” to get by in UK

by AIP Online Bureau | Jul 11, 2022 | Facts, Life, Non-Life

Of those in serious financial difficulty, 71% have reduced the quality of food they eat, 36% have sold or pawned possessions and 27% have canceled or not renewed insurance London: The number of UK households facing acute financial strain has risen by almost 60% since...

EPFO to soon disburse pension to over 73 lakh pensioners in one go via central system

by AIP Online Bureau | Jul 10, 2022 | Indian News, Pension & Social Security, Policy

”A proposal for setting up a central pension disbursal system will be placed in the EPFO’s apex decision-making body Central Board of Trustees (CBT) in a meeting scheduled on July 29 and 30,” a source told PTI The source said that the CBT will also...

76 dead in rain-related incidents in Maharashtra so far this monsoon: Report

by AIP Online Bureau | Jul 10, 2022 | Disaster & Management, Eco/Invest/Demography, Indian News

Officials had said on Saturday that at least 130 villages in three districts of the state, all in the Marathwada and Vidarbha regions, have been affected by heavy rains that caused floods in parts of these districts and at least 200 people were evacuated. Mumbai:...
Sebi mulls making ‘market risk factor disclosures’ to help investors

Sebi mulls making ‘market risk factor disclosures’ to help investors

by AIP Online Bureau | Jul 10, 2022 | Eco/Invest/Demography, Indian News, Regulation, Wealth Management/ Philanthropy

The official further said most of the research material available in the market has been prepared by the market participants who have their own business interests in mind and therefore it could be a great idea if the regulator itself makes public its insights from...
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