by AIP Online Bureau | Apr 6, 2022 | Health, Indian News, Life, Regulation
Debasish Panda, chairman, IRDAI IRDA chief has hinted that insurers don’t need IRDAI approvals for every product “Each life insurer has actuaries to design their products that can be approved its own board. You should design product so that you can reach out...
by AIP Online Bureau | Apr 6, 2022 | Indian News
In a routine inspection, the country’s largest carmaker found that in some units of Eeco, manufactured between July 19, 2021 and October 5, 2021, the wheel rim size was incorrectly marked, the company said in a regulatory filing New Delhi: Maruti Suzuki India...
by AIP Online Bureau | Apr 6, 2022 | Eco/Invest/Demography, Health, Indian News, Pandemic
However, the Union Health Ministry is yet to confirm the detection of the first XE variant in the country According to the sources, the Indian SARS-CoV-2 Genomics Consortium (INSACOG) is doing a deep genomic analysis of the case as a follow-up declared XE positive by...
by AIP Online Bureau | Apr 6, 2022 | International News, Regulation, Technology
The move comes as the Commission seeks new sources of revenue to fire up the region’s economic growth in the wake of the pandemic and also foster a greener and more digital economy. “The overall amount of the annual supervisory fees shall be based on the...
by AIP Online Bureau | Apr 5, 2022 | Workplace/Employee Benefits
8 reasons not to give up hope – and take climate actionAlthough once again the scientific community has made clear this week that we are not doing enough to limit global warming to the crucial 1.5°C threshold, the findings of the latest Intergovernmental Panel...
by AIP Online Bureau | Apr 5, 2022 | International News, Non-Life, Reinsurance
Credit Suisse said in a statement that the insurance policies were valid, and that it would also “vigorously defend” its position to preserve the rights of the supply chain finance funds and their investors Companies linked to insolvent British financier Lex Greensill...
by AIP Online Bureau | Apr 5, 2022 | Banking & Bancassurance, Indian News, Life, Non-Life, Regulation
HDFC Life and HDFC ERGO are among the leading life and general insurance companies in the private sector, and analysts say the RBI is unlikely to be comfortable with the size of the insurance operations the deal will give the bank Mumbai: HDFC Bank’s $40 billion...
by AIP Online Bureau | Apr 5, 2022 | International News
A G3 storm can trigger false alarms for protection devices in power grids, create drag on low-orbiting satellites and disrupt high-frequency radio traffic In early February, Space X lost 40 Starlink satellites when they were launched into a geomagnetic storm A solar...
by AIP Online Bureau | Apr 5, 2022 | International News, Non-Life, Reinsurance
“Our unswerving focus is to ensure that this year’s SIRC is as close as possible to the last pre-pandemic event held in 2019 – delivering both leading-edge insights and unparalleled networking opportunities,” said SRA Chairman Marc Haushofer It will have an...
by AIP Online Bureau | Apr 5, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy
The government and its advisers are considering seeking a valuation of about 1.25 to 1.5 times LIC’s embedded value, the people said. Officials are still discussing potential terms of the offering, and the fund-raising target could still change, the people said...
