by AIP Online Bureau | Apr 30, 2025 | Articles, Eco/Invest/Demography, Non-Life, Regulation, Risk Management, Technology
Luke Foord-Kelcey, Global Head of Cyber, Howden Re, commented, “Cyber is maturing into a distinct asset class with diversified reinsurance product offerings. Cedents must continue to evaluate reinsurance purchasing strategies critically and holistically, ensuring...
by AIP Online Bureau | Apr 30, 2025 | Indian News, Intermediaries, Life, Non-Life, Reinsurance
Narendra Bharindwal, president, Insurance Brokers Association of India, K. Rajaraman, Chairman, IFSCA , T Alamelu, principal advisor, IFSCA at the launch of IBAI’s chapter at IFSC- GIFT City ` There is a huge retail opportunity for the IFSC-GIFT City based...
by AIP Online Bureau | Apr 30, 2025 | Briefs, Life
Aviva Life Insurance Company India today announced the appointment of Suresh Mahalingam as its new chairperson. Currently, Mahalingam is an independent director Aviva’s board since July 2020. He has over 30 years of leadership experience across the BFSI and FMCG...
by AIP Online Bureau | Apr 30, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology
A bench of Justices JB Pardiwala and R Mahadevan said the changes in digital KYC guidelines for people with disability, including blindness, and acid attack survivors are necessary as they are unable to complete the KYC process and avail facilities like opening bank...
by AIP Online Bureau | Apr 30, 2025 | Eco/Invest/Demography, Indian News, Life, Regulation, Wealth Management/ Philanthropy
Insurance companies are in talks with the authorities to convert about Rs 3.5 trillion ($41 billion) worth of rates derivative contracts into bond forwards, people familiar with the matter said. Such contracts offer investors the opportunity to own the securities,...
by AIP Online Bureau | Apr 29, 2025 | International News, Risk Management, Technology, Workplace/Employee Benefits
A group of suspected cybercriminals hit the company with a kind of ransomware known as DragonForce London: A ransomware attack is the cause of a disruption at Marks & Spencer Group Plc., with hackers using a potent kind of malware to lock down some of the British...
by AIP Online Bureau | Apr 29, 2025 | Eco/Invest/Demography, International News, Non-Life, Policy
Property casualty (PC) insurers face cost inflation in personal auto and homeowners’ lines from tariffs. Other watch items include increased severity of claims pressuring margins, and the effect of market volatility and potential losses on equity portfolios New...
by AIP Online Bureau | Apr 29, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology
“COAI feels that the cybersecurity measures need to be reinforced with clear outlines on the purpose, which is to free the people of such unwanted spam/fraud calls and messages to the maximum extent possible. For the same purpose, it may be judicious that...
by AIP Online Bureau | Apr 29, 2025 | Data, Eco/Invest/Demography
Women entrepreneurs from Tier II, III and beyond towns are ambitious, digitally aware, and determined to grow – but they are held back by structural gaps in finance, networks, and visibility, the report released on Monday said New Delhi: Most women running small...
by AIP Online Bureau | Apr 29, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
M Rajeshwar Rao,deputy governor, Reserve Bank of India “Climate change would lead to additional operational costs for the borrowers with an increased possibility of loss of their assets, leading to increased probability of default by the borrowers,” he...
