by AIP Online Bureau | May 20, 2025 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance
The G7 price cap was agreed in December 2022, banning trade in Russian crude oil transported by tankers if the price paid was above $60 per barrel and prohibiting shipping, insurance and re-insurance companies from handling cargoes of Russian crude around the globe,...
by AIP Online Bureau | May 20, 2025 | Eco/Invest/Demography, International News, Risk Management, Technology, Wealth Management/ Philanthropy
People with crypto wealth face unique physical risks because public blockchain networks like Bitcoin and Ethereum allow tokens to be transferred instantly and anonymously. This means that if an individual is coerced into giving up the access credentials to their...
by AIP Online Bureau | May 19, 2025 | Indian News, Risk Management, Technology, Wealth Management/ Philanthropy
“Why does Centre not come out with a clear cut policy on regulating cryptocurrency? There is a parallel under-market for it and it can affect the economy. By regulating the cryptocurrency, you can keep an eye on the trade,” the bench told Additional Solicitor General...
by AIP Online Bureau | May 19, 2025 | Eco/Invest/Demography, Health, Indian News, Policy
As of May 19, 2025, the number of active COVID-19 cases in India stands at 257 — a very low figure considering the country’s large population. Almost all of these cases are mild, with no hospitalisation required. New Delhi: Following recent media reports...
by AIP Online Bureau | May 19, 2025 | Indian News, Non-Life
Girija Subramanian, CMD, New India Assurance “Even more encouraging is that our continued emphasis on profitable growth over the past several quarters is now yielding results. Despite the rise in gross written premium, the company has managed to improve its...
by AIP Online Bureau | May 19, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology
Union Home Minister Amit Shah Started as a pilot project for Delhi, the new system will automatically convert into FIRs cyber financial crimes filed on the National Cybercrime Reporting Portal (NCRP) and helpline number 1930, initially above the threshold limit of Rs...
by AIP Online Bureau | May 19, 2025 | Banking & Bancassurance, Briefs, Life
SBM Bank India and ICICI Prudential Life Insurance Company have entered into a bancassurance partnership to offer an array of life insurance products to the bank’s customers. This tie-up will enable the bank to cater to its customers a diverse set of solutions...
by AIP Online Bureau | May 19, 2025 | Briefs, Life
IDBI Bank on Monday said LIC Nominee Director Raj Kumar has ceased to hold the board seat with effect from May 18. “Raj Kumar has ceased to be LIC Nominee Director on the Board of IDBI Bank Limited with effect from May 18, 2025 on completion of his term,”...
by AIP Online Bureau | May 19, 2025 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
The datasets, released by Chief Data Officer (CDO) and Deputy Director General of UIDAI, include aggregated insights on Aadhaar enrolment, updates, and authentication patterns, categorised by geography, age-group and other relevant parameters, the release said,...
by AIP Online Bureau | May 19, 2025 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
The systematic investment plans (SIPs) were popular among investors as flows into this segment rose sharply, with yearly contributions rising by 45.24 per cent to Rs 2.89 trillion in FY25. This substantial increase, along with MTM gains, saw SIP assets rise 24.6 per...
