by AIP Online Bureau | Jan 9, 2025 | Indian News
“She, being the daughter, has an indefeasible, legally enforceable, lawful, and legitimate right to secure educational expenses from her parents. All that we observe is that the daughter has a fundamental right to pursue her education, for which the parents could be...
by AIP Online Bureau | Jan 9, 2025 | Disaster & Management, Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
J.P. Morgan believes that insured losses originating from the wildfire could be around $10 billion, “We expect a majority of the losses to be related to homeowners’ coverage and a significantly lesser amount to commercial,” it said U.S. private...
by AIP Online Bureau | Jan 9, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Weather catastrophes were responsible for 93% of overall losses and 97% of insured losses. Around 11,000 people lost their lives as a result of natural disasters in 2024 – significantly fewer than the average. Non-peak perils are increasingly fuelling the trend of...
by AIP Online Bureau | Jan 9, 2025 | Articles, Eco/Invest/Demography, Non-Life, Policy, Regulation, Reinsurance, Risk Management, Technology
While clarity on insurability of DPDP Act fines from an enforcement standpoint remains to be witnessed, insurance providers can play a vital role in managing risks and supporting businesses in their efforts to comply with data protection regulations The recently...
by AIP Online Bureau | Jan 8, 2025 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Wealth Management/ Philanthropy
The new norms encompass qualification standards, fee structures, deposit requirements, and client segregation protocols. Mumbai: Markets regulator Sebi on Wednesday said it has issued guidelines on the regulatory framework for research analysts and investment advisers...
by AIP Online Bureau | Jan 8, 2025 | Data, Policy, Workplace/Employee Benefits
The ruling by Justice A. Badharudeen came while dismissing a former Kerala State Electricity Board (KSEB) employee’s plea to quash the sexual harassment case against him filed by a woman staffer of the same organisation The Kerala High Court has held that a...
by AIP Online Bureau | Jan 8, 2025 | Indian News, Intermediaries, Life, Technology
LIC Managing Director and Chief Executive Officer Siddhartha Mohanty said, “It is our objective to cover each panchayat of the country with at least one Bima Sakhi within one year. LIC is strengthening the Bima Sakhi stream by grooming women with appropriate...
by AIP Online Bureau | Jan 8, 2025 | Health, Indian News, Non-Life, Policy, Reinsurance
“We direct the Central government to make a scheme in terms of sub-section (2) of Section 162 of the MV Act as expeditiously as possible and, in any event, by March 14, 2025. No further time shall be granted, it ordered. said the Supreme Court NEW DELHI: In a...
by AIP Online Bureau | Jan 8, 2025 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
John Neal Neal, after six years in Lloyd’s as a CEO, will play an important role in delivering Reinsurance solutions to meet the evolving demands of today’s dynamic marketplace. He will be based in London, reporting to Andy Marcell, CEO of Risk Capital for...
by AIP Online Bureau | Jan 8, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Risk Management
Numerous buildings were destroyed and nearly 3,000 acres (1,200 hectares) burned in the Pacific Palisades area between the beach towns of Santa Monica and Malibu, officials said. The area is home to many film and music stars. LOS ANGELES: More than 30,000 people...
