by AIP Online Bureau | Dec 17, 2024 | Health, Risk Management
The CDSCO and the Ministry of Health and Family Welfare have taken several measures to ensure that the drugs produced in the country meet the required safety and efficacy standards The number of batches of drugs recalled after failing quality tests rose from 950 in...
by AIP Online Bureau | Dec 17, 2024 | Briefs, Life, Reinsurance
ICICI Prudential Life Insurance has launched ‘ICICI Pru Wish’, a first-of-its-kind health product, in the life insurance industry, catering to women specific critical illnesses and surgeries. Developed in collaboration with Reinsurance Group of America (RGA), it...
by AIP Online Bureau | Dec 17, 2024 | Data, Eco/Invest/Demography, Health
J P Nadda,Union Health Minister Over 14 crore were screened for breast cancer and more than 26 crore for oral cancer. Among them, nearly 56,000 breast cancer cases and 1.56 lakh oral cancer cases were detected.Besides, 32.52 crore people were screened for hypertension...
by AIP Online Bureau | Dec 17, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
“Investor sentiment remained cautious ahead of the US Federal Reserve’s monetary policy meeting, scheduled for Wednesday. While markets have priced in a 25 basis points rate cut, much of the focus is on Fed Chair Jerome Powell’s commentary regarding...
by AIP Online Bureau | Dec 17, 2024 | Disaster & Management, Eco/Invest/Demography, Indian News
Earlier, a high-level committee, headed by Union Home Minister Amit Shah, had approved Rs 1,000 crore for various disaster mitigation and capacity-building projects in 15 states. Dehradun: The Centre has sanctioned Rs 1,480 crore to Uttarakhand for disaster...
by AIP Online Bureau | Dec 17, 2024 | Data, Risk Management, Technology
“…about 92 per cent of Indian executives identify security vulnerabilities, including hacking and cyber threats, as a primary concern in AI adoption, while 91 per cent express significant concern about the privacy risks related to sensitive data in AI usage New...
by AIP Online Bureau | Dec 17, 2024 | Eco/Invest/Demography, Health, International News, Life, Non-Life
Singapore’s prime minister said in October that the city-state would block Allianz’s bid The move would have lifted Allianz to fourth largest composite insurer in Asia, from ninth, but sparked critique in Singapore because of concerns that it would detract...
by AIP Online Bureau | Dec 17, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
Sanjay Malhotra,Governor,Reserve Bank of India Malhotra, who faces a slew of challenges, including the unsettling of the inflation-growth balance and the continuous pressure on the rupee, said, “Continuous improvements and kaizens (improvement)” are essential for any...
by AIP Online Bureau | Dec 16, 2024 | Eco/Invest/Demography, Health, Intermediaries, International News, Non-Life, Reinsurance, Risk Management
The parametric insurance market is projected to reach $39.3 billion by 2032, according to Global Market Insights, underscoring the demand for alternative solutions to cover gaps in conventional commercial property insurance KANSAS CITY: Lockton, the world’s...
by AIP Online Bureau | Dec 16, 2024 | Briefs, Technology
Beazley, a leading specialty insurer, has today announced Alessandro Lezzi as Group Head of Cyber Risks, reporting to Paul Bantick, Group Chief Underwriting Officer, Beazley. Alessandro Lezzi has an outstanding track record of success in cyber insurance having been...