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...
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...
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...
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...
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...
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),...
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...
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...
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:...
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...