by AIP Online Bureau | Apr 8, 2022 | Eco/Invest/Demography, Indian News, Reinsurance, Risk Management
Shaktikanta Das,Governor,RBI Keeping the approach ” cautious, but proactive”, RBI Governor Shaktikanta Das said that the RBI is emphasizing on three different aspects which will place India in a position that would enable it to deal with the merging crisis...
by AIP Online Bureau | Apr 8, 2022 | International News
Qatar has grounded 23 of the A350 jets, voicing concerns over the safety impact of gaps in a layer of lightning protection left exposed by cracked and bubbling paint It says it will not take further deliveries until the cause is formally explained and is suing Airbus...
by AIP Online Bureau | Apr 8, 2022 | Eco/Invest/Demography, International News, Policy
Credit-default swaps insuring $10 million of the country’s notes for one year were quoted at about $7.3 million upfront and $100,000 annually on Wednesday, according to ICE Data Services’ prices on Bloomberg. That’s up from about $5 million in advance last week, the...
by AIP Online Bureau | Apr 8, 2022 | International News, Non-Life, Reinsurance
Over 400 leased planes worth almost $10 billion remained in Russia after a March 28 deadline to cancel the contracts in line with Western sanctions over the war in Ukraine, leaving lessors facing heavy potential writedowns or a long insurance battle The likely huge...
by AIP Online Bureau | Apr 7, 2022 | Eco/Invest/Demography, Editorial, Indian News, Policy, Technology
RBI is planning to come out with a central bank backed digital currency using blockchain technology in 2022-23. As far as India is concerned, he emphasised that RBI is looking at Central Bank Digital Currency (CBDC) as just as the digital form of paper currency and no...
by AIP Online Bureau | Apr 7, 2022 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy
Prime Minister Narendra Modi On World Health Day, Prime Minister Narendra Modi pointed to some facets of this ”pathbreaking scheme” such as more than 3.2 crore people got free treatment under the Ayushman Bharat Jan Arogya Yojana, over 18 crore Ayushman...
by AIP Online Bureau | Apr 7, 2022 | Indian News, Intermediaries, Life, Non-Life, Regulation
Debasish Panda, chairman,IRDAI “We have decided to dispense with renewal of registration for insurance intermediaries and allow their licenses in perpetuity,” said Debasish Panda, newly appointed chairman of IRDAI while addressing a press conference in...
by AIP Online Bureau | Apr 7, 2022 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Reinsurance
Debasish Panda,chairman, IRDAI “After two-decades of liberalisation, the Indian industry is matured and have to be given more freedom in fixing market determined pricing and launching innovative products,’’ said Panda, who retired as secretary of the department...
by AIP Online Bureau | Apr 7, 2022 | Non-Life, Reinsurance
The Air India’s Delhi-Moscow flight that was scheduled to operate on Thursday stands cancelled, the sources said They stated that the flight was cancelled as it was feared that the insurance may not be valid in Russian skies New Delhi: Air India on Thursday...
by AIP Online Bureau | Apr 7, 2022 | Eco/Invest/Demography, Indian News, Technology
The hackers focused on at least seven “load dispatch” centers in northern India that are responsible for carrying out real-time operations for grid control and electricity dispersal in the areas they are located, near the disputed India-China border in Ladakh, the...
