by AIP Online Bureau | Dec 5, 2024 | Banking & Bancassurance, Indian News, Life, Policy, Wealth Management/ Philanthropy
Reserve Bank of India on Thursday has accorded approval to our bank for divesting its shareholding in Canara Robeco Asset Management Company Ltd and Canara HSBC Life Insurance Company Ltd by 13 per cent and 14.5 per cent, respectively through Initial Public Offer...
by AIP Online Bureau | Dec 5, 2024 | Indian News, Pension & Social Security, Policy
Earlier, the bench had come down heavily on the Centre for failing to take any decision for years on the pension payable to retired regular captains in accordance with the OROP scheme and imposed a fine of Rs 2 lakh on it New Delhi: The Centre on Thursday told the...
by AIP Online Bureau | Dec 5, 2024 | Workplace/Employee Benefits
Minister of State for Communications Chandra Sekhar Pemmasani said while on average national banks have 20 per cent of women’s accounts, after the initiation of India’s Post Payments Bank more than 45 per cent of women’s accounts have been opened in...
by AIP Online Bureau | Dec 5, 2024 | International News, Non-Life, Reinsurance
“Given the sector’s abundance of capital, we expect a moderately softer and more competitive market in 2025, barring significantly above-average loss activity in 2H24. However, underlying margins are likely to remain close to their 2023-2024 peak as reinsurers...
by AIP Online Bureau | Dec 5, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Jérôme Jean Haegeli, Swiss Re’s Group Chief Economist, says: “Economic development continues to be the main driver of the rise in insured losses resulting from floods, but also other perils, seen over many decades. However, with natural catastrophe risks...
by AIP Online Bureau | Dec 5, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Policy, Regulation, Reinsurance
Most Italian businesses — especially small and mid-sized ones — have no protection at all. The new law will require companies to buy coverage and insurers to write policies or face fines. The plan is backed by a €5 billion ($5.3 billion) reinsurance fund, set up by a...
by AIP Online Bureau | Dec 5, 2024 | International News, Regulation, Risk Management, Technology, Workplace/Employee Benefits
The case has drawn attention due to its focus on AI LLM training, a technology that has captured global interest amid rapid technological advances in so-called generative AI, used to produce text, images or other output from large bodies of data. China’s ByteDance is...
by AIP Online Bureau | Dec 5, 2024 | International News, Regulation, Technology
No UnitedHealth executive receives benefits specifically related to personal security or protection, according to the firm’s 2024 and 2023 proxy statements. That’s in contrast to companies like Meta Platforms Inc. and Alphabet Inc., which have allocated millions of...
by AIP Online Bureau | Dec 5, 2024 | Data, Policy
MoS Home Nityanand informed the Upper House that there have been 47891 Voluntary Retirement, 7664 Resignation and 730 suicides amongst the security forces from 2020 to 2024 New Delhi: Union Minister of state for Home Affairs, Nityanand Rai on Wednesday informed the...
by AIP Online Bureau | Dec 5, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Technology, Wealth Management/ Philanthropy
According to Vishal Sacheendran, Head of Regional Markets at Binance, the cryptocurrency market is experiencing a surge in optimism as governments and institutions worldwide begin to embrace blockchain technology, paving the way for broader adoption and investment in...
