by AIP Online Bureau | Jun 21, 2022 | Eco/Invest/Demography, Indian News, Technology
Amit Shah,Union Home Minister ”In 2012, a total of 3,377 cyber crimes were reported and it has gone up to 50,000 in 2020. The number of cyber crimes which were not reported could be in lakhs. We are resolved to create the most secured cyber atmosphere in the...
by AIP Online Bureau | Jun 20, 2022 | Eco/Invest/Demography, International News, Non-Life
The effects of macroeconomic deterioration, soaring inflation and the continuing price cap on motor third-party liability (MTPL) insurance could push some insurers below minimum regulatory solvency levels, forcing them to raise capital or to be acquired by stronger...
by AIP Online Bureau | Jun 20, 2022 | International News, Non-Life, Reinsurance
Gilles Fromageot, Regional Manager, Asia, AXA XL said “As the risk landscape and economic conditions continue to evolve, businesses are faced with new challenges every day, further increasing the need for an expert partner.” AXA XL Insurance today announced the...
by AIP Online Bureau | Jun 20, 2022 | Briefs, Intermediaries
“Bima Mandi”, a web insurance aggregator focused on providing catered insurance products targeting rural population has appointed Ramchandra Pandit as its chief executive officer. Ramchandra joins Bima Mandi from Navi General Insurance where he was managing director...
by AIP Online Bureau | Jun 20, 2022 | Disaster & Management, Eco/Invest/Demography, Indian News
The state has been reeling under devastating floods for the past one week with 127 revenue circles and 5,137 villages affected in 33 districts, according to a bulletin of the Assam State Disaster Management Authority (ASDMA) With the flood situation in Assam remaining...
by AIP Online Bureau | Jun 20, 2022 | Data, Workplace/Employee Benefits
”An increasing number of enterprises are expanding their usage of flex space in tandem with transformational changes with respect to remote work, mobility and flexibility,” the report said. Demand for co-working office space jumped over two-fold in the...
by AIP Online Bureau | Jun 20, 2022 | International News, Non-Life, Reinsurance
Fairfax, the Canadian investment company headed by well known contrarian investor Prem Watsa, will sell its interests in Crum & Forster Pet Insurance Group and Pethealth Inc including all of their worldwide operations to JAB’s pet insurance unit for $1.15...
by AIP Online Bureau | Jun 20, 2022 | Indian News, Non-Life, Policy, Regulation
The name of Sanjeev Mathur, 1987 batch of Oriental Insurance Company(OIC), who has been working with Cholamandalam General Insurance after quitting state- owned OIC in early 2000 ,is current doing the round for the post of member, Non-Life, IRDAI There are now moves...
by AIP Online Bureau | Jun 20, 2022 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology
IT minister Ashwini Vaishnaw Internet on mobile phones and social media platforms have brought powerful and transformative changes, but it must come with realisation of responsibilities, the minister said emphasising that social media and digital world needs to be...
by AIP Online Bureau | Jun 20, 2022 | Eco/Invest/Demography, Indian News, Risk Management, Technology
”Looking at the recent sophisticated cyber attacks, it is high time all the banks and financial institutions get themselves notified as a protected system.”Similarly, the control system of all the electricity, oil, airports, railways, metros and transport...
