by AIP Online Bureau | Aug 6, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management, Technology
Prasanna Kumar, head of cyber solutions for India at Aon, said, “We are witnessing India adopt AI at a rapid pace, which brings a host of new risks. Data poisoning attacks can compromise the integrity of critical AI systems and deepfake technology is now being used to...
by AIP Online Bureau | Aug 6, 2025 | Banking & Bancassurance, Briefs, Life
SBI Life Insurance has entered a strategic corporate agency partnership with AU Small Finance Bank, the country’s largest Small Finance Bank. With this alliance, AU SFB will distribute SBI Life’s comprehensive portfolio of life insurance solutions, including...
by AIP Online Bureau | Aug 6, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Wealth Management/ Philanthropy
Sanjay Malhotra,Governor, Reserve Bank of India The Reserve Bank on Wednesday retained the GDP growth projection for the current fiscal year at 6.5 per cent while lowering the inflation forecast to 3.1 per cent from 3.7 per cent. Mumbai: After three successive...
by AIP Online Bureau | Aug 5, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Indian News
“The news of heavy losses due to cloudburst in Dharali (Uttarkashi) area is extremely sad and painful. SDRF, NDRF, district administration and other related teams are engaged on war footing in relief and rescue operations,” Chief Minister Pushkar Singh...
by AIP Online Bureau | Aug 5, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
Having considered the principles that govern Indian environmental laws, we have held that the environmental regulators, the Pollution Control Boards exercising powers under the Water and Air Acts, can impose and collect restitutionary or compensatory damages in the...
by AIP Online Bureau | Aug 5, 2025 | Indian News, Intermediaries, Technology
K V Kamath,Chairman , JSFL Observing that one must also remember that the business of financial services is premised on trust, he said, “even as we harness the full potential of technology to make financial services more experiential and efficient, we must...
by AIP Online Bureau | Aug 5, 2025 | International News, Risk Management, Technology
According to Kaspersky, Thailand recorded 1,62,892 leaked cases, followed by the Philippines with 99,273, Vietnam 87,969, India 84,262, Indonesia 69,909, Malaysia 37,718, South Korea 37,097, China 18,786, Sri Lanka 10,877, and Singapore 4,262 leaked cases, the company...
by AIP Online Bureau | Aug 5, 2025 | Indian News, Risk Management, Technology
“During 2025, from January to July (till date), a total of 06 incidents of engine shutdown and a total of 03 incidents of May Day calls have been reported,” Minister of State for Civil Aviation Murlidhar Mohol said in a written reply in Rajya Sabha New...
by AIP Online Bureau | Aug 4, 2025 | Indian News, Life, Non-Life, Regulation, Risk Management, Technology
“IRDAI in exercise of the powers under Section 102 of the Insurance Act, 1938, has imposed a penalty of Rs. Five Crore on M/s Policybazaar Web Aggregator Pvt. Ltd. (Now known as “M/s Policybazaar Insurance Brokers Pvt. Ltd.”) along with direction,...
by AIP Online Bureau | Aug 4, 2025 | Indian News, Intermediaries, Non-Life
Aon has appointed Sushant Sarin as Head of Strategy and Commercial Risk Solutions for India while Willis, a business of WTW, announced the appointment of Azad Kumar as Growth Leader of Energy, Construction and Marine in India. Mumbai: Two large overseas re/insurance...
