by AIP Online Bureau | Jan 4, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy
The Centralized Pension Payments System (CPPS) is a paradigm shift from the existing pension disbursement system that is decentralised, with each zonal/regional office of EPFO maintaining separate agreements with only 3-4 banks, the ministry explained in a statement...
by AIP Online Bureau | Jan 3, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
E-commerce, social media and gaming platforms will fall under the category of data fiduciaries. As per the rules, entities will be able to use and process personal data only if individuals have given their consent to consent managers – which will be entities entrusted...
by AIP Online Bureau | Jan 3, 2025 | Eco/Invest/Demography, Health, Indian News, Risk Management
The National Centre for Disease Control (NCDC) under the Union health ministry is closely monitoring respiratory and seasonal influenza cases in the country, and is in touch with international agencies, according to official sources New Delhi: The National Centre for...
by AIP Online Bureau | Jan 3, 2025 | Disaster & Management, International News, Non-Life
The people who died were believed to have been on the plane, while those injured were inside the building. The deceased victims will be identified after officials have contacted the next of kin, the Fullerton Police Department said in a statement FULLERTON, Calif: Two...
by AIP Online Bureau | Jan 3, 2025 | Indian News
“While landing and takeoffs continue at Delhi Airport, flights that are not CAT III compliant may get affected. Passengers are requested to contact the airline concerned for updated flight information. Any inconvenience caused is deeply regretted,” Delhi...
by AIP Online Bureau | Jan 3, 2025 | Data, Eco/Invest/Demography, Non-Life, Policy
In 2024, EV sales reached 1.95 million units, up from 1.5 million in 2023. EV penetration also went up to 7.5%, compared with 6.39% in the previous year. Driven by rising private consumption and disposable incomes, India saw vehicle retail sales increase by at least...
by AIP Online Bureau | Jan 2, 2025 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance, Risk Management, Workplace/Employee Benefits
Globally, reinsurers are on track to produce a combined ratio near or below 90% and a low-teens ROE for 2024. Not only have reinsurers’ operating and performance ratios improved but so have aggregate balance sheet metrics, providing some context around how...
by AIP Online Bureau | Jan 2, 2025 | Intermediaries, International News, Non-Life, Reinsurance
After an extended period of rate increases across the (re)insurance sector – driven by accumulating and intersecting crises, capital constraints and cyclical adjustments – the availability of deployable capacity in the marketplace signals a new phase in the cycle,...
by AIP Online Bureau | Jan 2, 2025 | International News, Life, Technology
Published a week back, S&P has Allianz SE, ($807 billion, 4.8%), China Life Insurance Co. ($685 billion, 3.9%) and Ping An Insurance (Group) Co.($686 billion,13.3 %) of China Ltd. as the three largest life insurance companies in the world, according to a ranking...
by AIP Online Bureau | Jan 2, 2025 | Data, Health, Non-Life, Policy
The district-level hospitals must facilitate CT scan, MRI, mammography and echocardiography, according to the draft guidelines New Delhi: The ICMR has proposed a revised version of the National Essential Diagnostics List (NEDL), which enumerates the minimum number of...
