by AIP Online Bureau | Apr 30, 2025 | Health, Indian News, Risk Management
The writ petition filed by Smita Singh, Assistant Director with the FSSAI dated April 22, challenged Dabur against the “100 per cent” claim stating that the juices contain water and fruit concentrates. In addition, the term “100 per cent” is also not a recognised for...
by AIP Online Bureau | Apr 30, 2025 | Briefs, Reinsurance
Diana Baer has been appointed chief financial officer for Munich Re Holdings of Australasia. Diana has been working for Munich Re for 17 years and brings extensive experience from various finance roles within the company along with expertise in executive management,...
by AIP Online Bureau | Apr 30, 2025 | Indian News, Non-Life, Policy, Workplace/Employee Benefits
Government appoints Amit Misra as acting CMD of OIC for three months The five shortlisted senior officials who will be interviewed are-Rekha Solanki, ED, National Insurance Company, Anjana Saxena, National Insurance Company, Chandra Iyer, GM, New India...
by AIP Online Bureau | Apr 30, 2025 | Indian News, Non-Life
Unions want a 17 per cent hike to be on par with the Life Insurance Corporation(LIC) and the Indian banking industry. GIPSA management has assured the matter would be taken up again with the Department Financial Services for further consideration, according to union...
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...
