by AIP Online Bureau | Mar 5, 2025 | Indian News, Pension & Social Security, Policy
“In spite of repeated undertakings given to the high court, compliance has not been made by the state government. Therefore, we issue showcause notice to K A P Sinha, chief secretary, State of Punjab calling upon him to showcause why action under the Contempt Of...
by AIP Online Bureau | Mar 5, 2025 | International News, Non-Life, Reinsurance
Sylvie Gleises as Regional Chief Executive Officer designate), AXA XL Insurance,Asia Xavier Veyry, Regional CEO for APAC & Europe at AXA XL, commented: “Asia’s commercial insurance sector continues to grow at a rapid pace, now accounting for over 30% of...
by AIP Online Bureau | Mar 5, 2025 | International News, Non-Life, Reinsurance, Risk Management, Technology
Radar Vision provides unique insights for pricing, portfolio management, underwriting and claims, allowing rapid response to emerging trends. Singapore: WTW, a leading global advisory, broking and solutions company, has announced the launch of Radar Vision, an...
by AIP Online Bureau | Mar 5, 2025 | Eco/Invest/Demography, International News, Pension & Social Security, Policy
China’s population fell for a third consecutive year in 2024, as marriages plummeted by one-fifth, the biggest drop on record, despite efforts by authorities to encourage young couples to wed and have children. Rapid ageing has become a growing concern in the...
by AIP Online Bureau | Mar 5, 2025 | Indian News, Intermediaries, Technology
Ankit Agrawal, Founder & CEO, InsuranceDekho, said,”We are delighted to have Beams Fintech Fund, Eurazeo, and MUFG double down on their support. This capital will enable us to expand our reach, enhance our tech-driven offerings, and solidify our position as...
by AIP Online Bureau | Mar 4, 2025 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
It was alleged that bundling of the anti-virus software was violating fair competition norms. Starting with Windows 10 Operating System (OS) edition, the anti-virus software Microsoft Defender is bundled with it. In a 17-page order dated March 3, the CCI said there...
by AIP Online Bureau | Mar 4, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
North America is identified as the region likely to be most financially impacted by the scenario, suffering a potential economic loss of $755 billion over the modelled five year period. However, the gap between the impact on North America and Europe is relatively...
by AIP Online Bureau | Mar 4, 2025 | Indian News, Life, Non-Life, Policy
Justice Anant Ramanath Hegde ruled that a nominee can receive the insurance benefits only if the legal heirs do not claim them. If a legal heir asserts their right, the nominee’s claim must yield to personal succession laws Bengaluru: In a crucial ruling, the...
by AIP Online Bureau | Mar 4, 2025 | Indian News, Regulation
This category of income included earnings from annual fees and subscriptions, listing fees contribution from stock exchanges, income generated from registration, renewal, application and offer documents filed by companies and market infrastructure institutions Mumbai:...
by AIP Online Bureau | Mar 4, 2025 | International News, Non-Life
The combined operations produced approximately $275 million in net premiums written in 2024 ZURICH: Chubb Limited on Monday announced agreements to acquire the insurance businesses of Liberty Mutual in Thailand and Vietnam. The terms were not disclosed. The two...
