by AIP Online Bureau | Jan 1, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance, Technology
Prime Minister Narendra Modi For large scale technology infusion in implementation of the scheme leading to increasing transparency and claim calculation and settlement, the Union Cabinet has also approved creation of Fund for Innovation and Technology (FIAT) with a...
by AIP Online Bureau | Dec 31, 2024 | Articles, Eco/Invest/Demography, Non-Life, Policy, Regulation, Reinsurance
Shailaja Lall & Shivangi Talwarer Some clarity has been provided on ‘services related or incidental to insurance business’ under the 2024 Amendment Bill which includes carrying on and transacting guarantee and indemnity business, managing, selling and realising...
by AIP Online Bureau | Dec 31, 2024 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Workplace/Employee Benefits
The framework is designed to ensure that Sebi-regulated entities (REs) maintain robust cybersecurity posture, remain equipped with adequate cyber resiliency measures and can withstand, respond to, and recover from cyber threats, effectively New Delhi: Sebi on Tuesday...
by AIP Online Bureau | Dec 31, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Rural and semi-urban areas now account for 50 per cent of the total SIP accounts in the country. Meanwhile, AUM growth in B-30 (Beyond 30 cities) outpaced the top-30 cities during this period. New Delhi: Indian mutual fund industry’s assets under management (AUM) saw...
by AIP Online Bureau | Dec 31, 2024 | Features, Non-Life, Reinsurance
After Monte Carlo Rendez-Vous de Septembre and Baden Baden Reinsurance Meet, the global reinsurance industry has gathered in Singapore for 20th SIRC ,in the 1st week of November, to prepare itself for the Jan 1 renewals. Asia Insurance Post had prepared a special...
by AIP Online Bureau | Dec 31, 2024 | Workplace/Employee Benefits
SIRC-FDownload...
by AIP Online Bureau | Dec 31, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology
Autonomous vehicles that pass road testing and safety assessments will be allowed to apply for road trials.Chinese authorities have been aggressively greenlighting trials for self-driving technology with at least 19 cities conducting robotaxi and robobus tests...
by AIP Online Bureau | Dec 31, 2024 | Eco/Invest/Demography, International News, Policy
China is expected to set a 2025 growth target roughly similar to this year’s, as top leaders signaled earlier this month they’re willing to embrace more forceful stimulus measures. That would help the economy counter any impact from potential increases in US tariffs...
by AIP Online Bureau | Dec 31, 2024 | Indian News, Non-Life
During investigation, it was revealed that public servants entered into a criminal conspiracy and colluded with private persons and sanctioned insurance claims based on forged documents, thus causing loss to the New India Assurance, said the agency Ahmedabad: A...
by AIP Online Bureau | Dec 31, 2024 | Disaster & Management, Eco/Invest/Demography, Indian News, Policy
“Keeping in view the intensity and magnitude of the Meppadi landslide disaster in Wayanad district, it has been considered by the Inter-Ministerial Central Team as a disaster of severe nature for all practical purposes,” a communication to the Kerala...