by AIP Online Bureau | Jan 22, 2025 | Articles, Eco/Invest/Demography, Health, Non-Life, Reinsurance, Risk Management
“The high medical trend rate can also be attributed to a higher incidence of cancer and chronic conditions than before the COVID-19 pandemic. Managing the impact of medical inflation therefore should be a top priority for all southeast Asia markets and...
by AIP Online Bureau | Jan 22, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
As well as extending approvals for some sanctioned providers, India’s Directorate General of Shipping authorized Soglasie Insurance Co. to provide insurance for vessels entering Indian ports until February 2026, according to to the regulator’s website. As Soglasie...
by AIP Online Bureau | Jan 22, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Grant Thornton Bharat, Partner, Akhil Chandna said an increase in NPS tax deduction limits and more flexible NPS withdrawal rules would certainly promote retirement savings in the hands of taxpayers New Delhi: As many as 57 per cent of individual taxpayers want taxes...
by AIP Online Bureau | Jan 22, 2025 | Data, Wealth Management/ Philanthropy
The report estimates that demand for wealth management services in terms of assets under management (AUM) will almost double, climbing from US$1.1 trillion in FY24 to US$2.3 trillion by FY29 New Delhi: Deloitte India’s latest report, “Financial Wealth Management...
by AIP Online Bureau | Jan 21, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation
“India’s private sector insurers continue to reinforce their solvency, but we expect some pressure on their capital adequacy because of increased underwriting exposure and regulatory changes,” Moody’s said New Delhi: Moody’s Ratings on...
by AIP Online Bureau | Jan 21, 2025 | Eco/Invest/Demography, International News, Policy, Risk Management
According to the white paper, as volatility and compounding risks rise, leaders are learning first-hand that the ability to navigate and adapt continuously to complex macroeconomic and geopolitical dynamics is crucial for shaping resilient strategies Davos: As global...
by AIP Online Bureau | Jan 21, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
For imported goods, platforms must display importer, packer, and seller details prominently. During contract formation, platforms must record consumer consent, enable transaction review, and maintain transparent policies for cancellation, returns, and refunds New...
by AIP Online Bureau | Jan 21, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Higher war risk insurance premiums, paid when vessels sail through the Red Sea, have meant additional costs of hundreds of thousands of dollars for a seven-day voyage for any ships still sailing through the area. Yemen’s Houthis will limit their attacks on...
by AIP Online Bureau | Jan 21, 2025 | Indian News, Pension & Social Security, Policy, Regulation
The judgment clarified that dismissal is a punitive action taken against an employee following due process but does not automatically entitle the employer to retain dues Bengaluru: The Karnataka High Court has ruled that an employer cannot withhold or forfeit the...
by AIP Online Bureau | Jan 21, 2025 | Indian News, Risk Management
The FIR was registered on October 21, 2017, after the man, who was then a minor, was caught riding a bike with his mother as a pillion rider during a surprise police check Mumbai: The Bombay High Court has quashed a case against a man for riding a two-wheeler without...
