by AIP Online Bureau | Jan 21, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation
“India’s private sector insurers continue to reinforce their solvency, but we expect some pressure on their capital adequacy because of increased underwriting exposure and regulatory changes,” Moody’s said New Delhi: Moody’s Ratings on...
by AIP Online Bureau | Jan 21, 2025 | Eco/Invest/Demography, International News, Policy, Risk Management
According to the white paper, as volatility and compounding risks rise, leaders are learning first-hand that the ability to navigate and adapt continuously to complex macroeconomic and geopolitical dynamics is crucial for shaping resilient strategies Davos: As global...
by AIP Online Bureau | Jan 21, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
For imported goods, platforms must display importer, packer, and seller details prominently. During contract formation, platforms must record consumer consent, enable transaction review, and maintain transparent policies for cancellation, returns, and refunds New...
by AIP Online Bureau | Jan 21, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Higher war risk insurance premiums, paid when vessels sail through the Red Sea, have meant additional costs of hundreds of thousands of dollars for a seven-day voyage for any ships still sailing through the area. Yemen’s Houthis will limit their attacks on...
by AIP Online Bureau | Jan 21, 2025 | Indian News, Pension & Social Security, Policy, Regulation
The judgment clarified that dismissal is a punitive action taken against an employee following due process but does not automatically entitle the employer to retain dues Bengaluru: The Karnataka High Court has ruled that an employer cannot withhold or forfeit the...
by AIP Online Bureau | Jan 21, 2025 | Indian News, Risk Management
The FIR was registered on October 21, 2017, after the man, who was then a minor, was caught riding a bike with his mother as a pillion rider during a surprise police check Mumbai: The Bombay High Court has quashed a case against a man for riding a two-wheeler without...
by AIP Online Bureau | Jan 21, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management
Maharashtra Agriculture Minister Manikrao Kokate disclosed that instances of malpractice in the scheme have been identified in several aspects, including cases where mosques, temples, and vacant lands were falsely declared as agricultural lands to claim benefits...
by AIP Online Bureau | Jan 21, 2025 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Risk Management
Jad Ariss, Managing Director of the Geneva Association, said: “The tides of globalisation are shifting, with geo-economic fragmentation posing both challenges and opportunities for the insurance sector. Insurers must navigate rising volatility, restricted...
by AIP Online Bureau | Jan 21, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Regulation
US President Donald Trump Trump also signed a letter to the United Nations indicating his intention to withdraw from the 2015 agreement, which allows nations to provide targets to cut their own emissions of greenhouse gases from the burning of coal, oil and natural...
by AIP Online Bureau | Jan 20, 2025 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
Wealth of billionaires in Asia increased by $ 299 billion in 2024, Oxfam said while predicting that there will be at least five trillionaires within a decade from now The billionaire’s wealth grew in 2024 at an average of $ 5.7 billion a day, while the number of...