by AIP Online Bureau | Dec 21, 2025 | Disaster & Management, Indian News, Risk Management
The plea alleged that despite weather advisories issued by the meteorological centre in Srinagar and the J-K Disaster Management Authority, the pilgrimage was not suspended, which amounted to criminal negligence by the CEO and other officials of the Shri Mata Vaishno...
by AIP Online Bureau | Dec 21, 2025 | Indian News, Risk Management, Technology
Under the proposed terms, Infosys McCamish Systems had agreed to pay $17.5 million into a fund to settle all the pending class action lawsuits related to a cybersecurity incident in 2023, which identified the Infosys subsidiary as the main source. New Delhi:A US court...
by AIP Online Bureau | Dec 21, 2025 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
More than $5 billion of cat bonds with some level of exposure to wildfire risk were issued by insurers and sold to investors this year, according to Artemis, a specialist in insurance-linked securities that tracks market trends. That’s more than twice the level in...
by AIP Online Bureau | Dec 20, 2025 | Articles, Eco/Invest/Demography, Health, Intermediaries, Non-Life, Regulation
Consumers increasingly opted for higher sum insured policies, family floaters, and value-added benefits such as wellness programs, OPD cover and maternity—reflecting a shift from price-led buying to need-based protection. Krishnan Ramachandran, MD & CEO, Niva Bupa...
by AIP Online Bureau | Dec 20, 2025 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Technology
At this time the Indian cyber premium pool is expanding rapidly — industry estimates place market size in about one thousand of crores and forecast double-digit growth with cumulative premium estimate of about ₹60Bn for FY ending 2026. Vibhaw Kumar, Executive Vice...
by AIP Online Bureau | Dec 20, 2025 | Data, Health, Regulation, Risk Management
In a statement issued on Saturday, the food safety regulator clarified that eggs available in the country are safe for human consumption and that reports alleging the presence of carcinogenic substances in eggs lack a scientific basis New Delhi: The Food Safety and...
by AIP Online Bureau | Dec 20, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
Jitin Prasada,Union Minister of State for Electronics and Information Technology It can also pose risks to individuals and society. Some of these include bias, discrimination, unfair outcomes, exclusion, and lack of transparency New Delhi:The India AI Governance...
by AIP Online Bureau | Dec 20, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy
Andaman & Nicobar Islands, Manipur, Mizoram and Sikkim are yet to open Escrow Accounts under the PMFBY,said Minister of State for Agriculture and Farmers Welfare Ramnath Thakur New Delhi:20 of the 24 Pradhan Mantri Fasal Bima Yojana(PMFBY) implementing states have...
by AIP Online Bureau | Dec 20, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy
“The corporate definition of ‘social responsibility’ must inherently include environmental responsibility. Companies cannot assert to be socially responsible while ignoring equal claims of the environment and other beings of the ecosystem,” the...
by AIP Online Bureau | Dec 19, 2025 | Banking & Bancassurance, Indian News, Regulation, Risk Management
“It is proposed to introduce risk-based deposit insurance premium with the currently applicable flat rate of premium as the ceiling. This will incentivise sound risk management by banks and reduce premium to be paid by better rated banks,” Sanjay Malhotra,...
