by AIP Online Bureau | Dec 18, 2024 | Data, Eco/Invest/Demography, Risk Management, Technology
Puneet Garkhel, Partner and Leader, Forensic Services, PwC India, commented, ‘In our 2022 survey, customer fraud led the list, reported by 47 per cent of companies. However, this year’s findings reveal a shift with procurement fraud now emerging as the...
by AIP Online Bureau | Dec 18, 2024 | Eco/Invest/Demography, International News, Policy
U.S. central bankers now project they will make just two quarter-percentage-point rate reductions by the end of 2025 WASHINGTON: The U.S. Federal Reserve cut interest rates on Wednesday and signaled it will slow the pace at which borrowing costs fall any further,...
by AIP Online Bureau | Dec 18, 2024 | Climate, Environment, Renewable Energy, Indian News, Policy, Risk Management
Farmers with less than two acres of land now have to pay environmental compensation of Rs 5,000, up from Rs 2,500. And those with land between two and five acres are fined Rs 10,000 instead of Rs 5,000 New Delhi: The government plans to make open burning of...
by AIP Online Bureau | Dec 18, 2024 | Banking & Bancassurance, Indian News, Life
“Bancassurance was a missing link in our structure and we have started exploring the possibility with IndusInd Bank and we are already in dialogue to strike a win-win deal for all stakeholders,” Reliance Nippon Life Insurance CEO Ashish Vohra Mumbai:...
by AIP Online Bureau | Dec 18, 2024 | Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Technology
In 2024, premium rate change in the US cyber insurance market has fallen to below zero, marking the onset of a soft market. While premium growth stagnated, so did loss ratios, with a 3-point reduction in cyber market loss ratio to 41.6%. Houston, TX: Annual 2024 US...
by AIP Online Bureau | Dec 18, 2024 | Indian News
The Neelkamal ferry, with 80 persons and five crew members on board, was on way to Elephanta Islands, a popular tourist destination near Mumbai, when the speed boat circled it before crashing into it, a viral video of the accident shows Mumbai: Two passengers died and...
by AIP Online Bureau | Dec 18, 2024 | Briefs, Intermediaries, Non-Life, Reinsurance, Risk Management, Technology
Gallagher Re has appointed Hemant Nagpal, an insider, as its head of Analytics, Asia Pacific, with a focus on driving our analytics strategy for the region. Darren Murch will become deputy head of Analytics, Asia Pacific, working closely with Hemant to support the...
by AIP Online Bureau | Dec 18, 2024 | Eco/Invest/Demography, Risk Management, Technology
Ireland’s Data Protection Commission issued the penalties after wrapping up its inquiry into the breach, when hackers gained access to user accounts by exploiting bugs in the platform’s code that allowed them to steal digital keys, known as “access tokens.” LONDON:...
by AIP Online Bureau | Dec 18, 2024 | Health, Indian News, Technology
“This partnership will pave the way for significant breakthroughs in research, contributing to patient care and scientific progress in the country,” said Dr. Vinay Nandicoori, Director of CSIR-CCMB New Delhi: All India Institute of Medical Sciences (AIIMS), New Delhi,...
by AIP Online Bureau | Dec 18, 2024 | Indian News, Pension & Social Security
The petitioner, who was elevated as a judge of the Allahabad High Court after serving as a judicial officer in the district court for 13 years, had claimed that the authorities had refused to consider his judicial service while computing the pension. New Delhi: The...
