by AIP Online Bureau | Feb 20, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Workplace/Employee Benefits
“All the indications are that these have been deliberately orchestrated, but it’s with a significant degree of sophistication,” said Munro Anderson, head of operations at Vessel Protect, a major war-risk insurer of ships. “So, the big question that leads to is: ‘by...
by AIP Online Bureau | Feb 20, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
And although the recent string of accidents may be statistical anomalies, they’re still startling given how US commercial passenger carriers had enjoyed years without a fatal crash, said Kristy Kiernan, a safety expert and associate professor at Embry-Riddle...
by AIP Online Bureau | Feb 20, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
Sarbananda Sonowal, Union Cabinet Minister. Ministry of Ports, Shipping and Waterways Delivering the valedictory address at the Green Shipping Conclave 2025 here, Sinowal, who is the Union Minister for Ports, Shipping and Waterways, also called for a united approach...
by AIP Online Bureau | Feb 20, 2025 | Data, Eco/Invest/Demography, Health
“While the progress made in declining suicide rates is encouraging, it is clear that suicide continues to impact some countries and populations more than others. Removing suicide stigma and barriers to access mental health support systems remain critical...
by AIP Online Bureau | Feb 19, 2025 | Indian News, Intermediaries, Non-Life, Regulation, Reinsurance
According to the IRDAI, the broker does not have any right over the insurance premiums so that the amounts are timely remitted to the respective parties to ensure the coverage and payment of claims and thus protect the interest of the policyholders. These are the...
by AIP Online Bureau | Feb 19, 2025 | Data, Eco/Invest/Demography, Health, Life, Non-Life, Regulation
“However, it is crucial to understand the complexities of compliance management that companies face in this space. Insurers operate within an exceptionally complex compliance framework, with a typical general insurer managing over 4,500 regulatory obligations...
by AIP Online Bureau | Feb 19, 2025 | Data, Non-Life, Policy, Regulation
However, it said such cars that would be plying on public roads will continue to be subject to Motor Vehicles Act, 1988. New Delhi: The government has eased norms for imports of cars classified as “vintage motor vehicles” by actual users, according to a...
by AIP Online Bureau | Feb 19, 2025 | Eco/Invest/Demography, Health, Indian News, Regulation
The open offer closed on February 13 and the date of payment of consideration was February 17, the data said New Delhi: Burmans’ open offer of Rs 2,116 crore for the acquisition of additional 26 per cent stake in Religare Enterprises Ltd (REL), the holding...
by AIP Online Bureau | Feb 19, 2025 | Eco/Invest/Demography, International News, Non-Life, Pension & Social Security, Reinsurance, Risk Management
Jad Ariss, managing director of the Geneva Association, said: “The longevity revolution is one of the defining challenges – and opportunities – of our time. Insurers are uniquely positioned to help people navigate longer lives. This will require bold innovation and...
by AIP Online Bureau | Feb 19, 2025 | Banking & Bancassurance, Data, Eco/Invest/Demography, Regulation, Technology
Further, the app’s ‘Banking Outlet’ section will help users find banking facilities within 20 kilometres of their location and they can also access data about SAARC countries through the ‘SAARC Finance’ Mumbai: Reserve Bank on Tuesday...
