by AIP Online Bureau | Apr 3, 2025 | Articles, Eco/Invest/Demography, Life, Non-Life, Risk Management
Costs from global ransomware damage are expected to climb to more than $250 billion within the next six years, and actions by individual carriers will not be sufficient to address future risks, a new research released by Bain & Company warns Protection gaps are...
by AIP Online Bureau | Apr 3, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Wealth Management/ Philanthropy
“India seems better positioned relative to most Asian equities following the tariff announcements,” said Hong Kong-based Alex Wolf, who heads Asia investment strategy at J.P. Morgan Private Bank New Delhi: The heightened global uncertainty due to the US...
by AIP Online Bureau | Apr 3, 2025 | Banking & Bancassurance, Indian News, Pension & Social Security, Policy
“The Banking Amendment Bill 2025, passed recently, allows nomination up to 4 persons for payment of depositors’ money, articles kept in safe custody and safety lockers,” said Finance Minister Nirmala Sitharaman New Delhi: Finance Minister Finance...
by AIP Online Bureau | Apr 3, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology
The workers falsely claim to be from countries including Italy, Japan, Malaysia, Singapore, Ukraine, the US and Vietnam to secure jobs. They’re recruited through platforms including Upwork Inc., Freelancer and Telegram and paid with cryptocurrency, or via digital...
by AIP Online Bureau | Apr 3, 2025 | Eco/Invest/Demography, International News, Non-Life, Regulation, Reinsurance, Risk Management
Such vessels are not regulated or covered by conventional Western insurers, posing the risk of unsafe tankers and environmental damage in the event of a wreck. The insurance issued to dozens of aging oil tankers used by Russia to skirt international sanctions was...
by AIP Online Bureau | Apr 2, 2025 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pension & Social Security, Policy
Furthering its commitment to financial inclusion, NIA has opened a dedicated State Insurance Plan office in Gujarat, manned by a senior executive of the company. This initiative aligns with IRDAI’s “Insurance for All by 2047” vision, with Gujarat being the designated...
by AIP Online Bureau | Apr 2, 2025 | Workplace/Employee Benefits
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by AIP Online Bureau | Apr 2, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Reinsurance, Risk Management
The committee will be chaired by additional secretary (Crop Insurance), Department of Agriculture & Farmers Welfare (DA&FW) and some of the other members are Devesh Srivastava, former CMD, GIC Re, Girija Subramanian, CMD, New India Assurance, Saurabh Mishra,...
by AIP Online Bureau | Apr 2, 2025 | Indian News, Pension & Social Security, Policy
Sivasubramanian Ramann, chairman-designate, PFRDA Ramann belongs to 1991 batch of Indian Audit & Accounts Service (IA & AS) and was also Chairman & Managing Director, Small Industries Development Bank of India (SIDBI) earlier. New Delhi: The government on...
by AIP Online Bureau | Apr 1, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
AGI wrote to its clients late last week to advise that its sustainable funds could now buy into companies that earned more than 10% of their revenue from military equipment and services. Germany’s Allianz Global Investors has dropped two exclusions blocking its...
