by AIP Online Bureau | Feb 13, 2025 | Indian News, Non-Life, Policy
“With improved risk-management practices, loss-control initiatives, adoption of technology, development of new products, better customer services and diversification of portfolio, the Public Sector General Insurance Companies have posted a magnificent turnaround...
by AIP Online Bureau | Feb 13, 2025 | Indian News, Non-Life
“This is the second consecutive quarter in this fiscal where we have posted a profit, which is a result of the strategic business initiatives by the corporate management in the recent past as per its road map towards a sustainable future in terms of growth and...
by AIP Online Bureau | Feb 13, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology
As per the Bill, virtual digital space encompasses any digital realm that allows users to interact, communicate and perform activities using computer systems, computer networks, communication devices, and includes email servers, social media accounts, online...
by AIP Online Bureau | Feb 13, 2025 | Health, Indian News, Regulation
Rashmi Saluja Following the clarification from the RBI received on Thursday, Rashmi Saluja, executive chairperson, ceases to be the director of the company, Religare Enterprises, the holding company Care Health Insurance, said in a regulatory filing New Delhi:...
by AIP Online Bureau | Feb 13, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
“To make the complaint process simpler and more effective, it has been mandated that if a complaint made by a customer contains bare minimum essential data such as number of the complainant, number of Sender from which the Spam/UCC has been received, date on which...
by AIP Online Bureau | Feb 13, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Reinsurance, Risk Management
Indian refining officials said they have told Russian oil suppliers and traders that the oil they sell should comply with parameters of the U.S. sanctions. “We don’t want to take risk. We are not going to touch any cargo that involves sanctioned entity or...
by AIP Online Bureau | Feb 13, 2025 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
In its latest letter sent last week, Sebi said companies such as Meta Platforms’s WhatsApp have denied the regulator access to its social media group chats as the current information technology law does not identify the capital markets watchdog as an...
by AIP Online Bureau | Feb 12, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
`We have a small exposure for LA wildfires. It’s not major. Currently, we have provided about $25 million in our provisions. I tend to believe that this will come down, because these are very initial figures. We’ve still not received too many intimations...
by AIP Online Bureau | Feb 12, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Policy
Taiwan is phasing out coal-fired power stations and shifting to liquefied natural gas, as well as investing in solar and wind projects Taiwan aims to get more than $1.5 billion in investment from insurance funds to help finance the island’s green energy transition as...
by AIP Online Bureau | Feb 12, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Regulation, Risk Management
Plans to cut reporting requirements — especially for small and medium-sized companies — have been well-flagged, but officials are now also looking at ways to ease rules that require firms to clean up their value chains under the Corporate Sustainability Due Diligence...
