by AIP Online Bureau | Nov 11, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life
The IFRC policy with insurance broker Aon is the first of its kind for the aid sector. It was triggered in mid-September by the deadly Asian Typhoon Yagi, which tipped total disaster spending over the 33 million Swiss franc ($37.84 million) mark, and the fund has...
by AIP Online Bureau | Nov 11, 2024 | Indian News, Life, Reinsurance, Risk Management, Technology
Swiss Re’s DHU solution automates technical underwriting, using advanced technology to analyze multiple stacks of medical records and lab results concurrently. By providing real-time underwriting decisions and faster turnaround times, the solution enables more...
by AIP Online Bureau | Nov 11, 2024 | Data, Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management
Flood risk is set to increase due to climate change and urban sprawl.Economic benefits of flood adaptation measures can be up to ten times the costs of post-disaster rebuilding. Dykes can reduce flood damage by 60-90%, especially in densely populated regions Zurich:...
by AIP Online Bureau | Nov 11, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Technology
“As our digital economy flourishes at a pace 2.8 times swifter than the national economy, we anticipate it will reach an astounding 20 per cent by 2026-27,” said the minister, urging South Asian Telecommunication Regulators’ Council member nations to collaborate...
by AIP Online Bureau | Nov 11, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Non-Life
During the meeting, Nagaraju suggested using all means for doing re-KYC — such as fingerprints, face recognition, taking declarations where no change in KYC documents occurred — through all channels like ATM, mobile banking, internet banking, and other available...
by AIP Online Bureau | Nov 10, 2024 | Health, Indian News, Life, Non-Life, Regulation, Reinsurance, Risk Management
Debasish Panda, chairman,IRDAI “It is our endeavour to implement Ind AS (including Ind AS 117) for insurers in India from 1st April, 2027 based on our experience and learnings from the proforma submissions and the communication in this regard will be circulated...
by AIP Online Bureau | Nov 10, 2024 | Health, Indian News, Intermediaries, Life, Non-Life, Regulation, Technology
IRDAI has fixed Apr 19,2025 as the date of the launch of Bima Sugam. E&Y has been roped as a consultant to execute Bima Sugam Mumbai: Prasun Sikdar, the first MD & CEO of Bima Sugam India Federation, has assumed his new charge recently. Sikdar, who was earlier...
by AIP Online Bureau | Nov 10, 2024 | Articles, Eco/Invest/Demography, Health, Policy, Risk Management
António Guterres, Secretary-General of the United Nations, said,“The climate crisis is also a health crisis. Human health and planetary health are intertwined. Countries must take meaningful action to protect their people, boost resources, cut emissions, phase...
by AIP Online Bureau | Nov 10, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Indian News, Policy, Risk Management
India’s key priorities at the conference are likely to focus on ensuring accountability of developed nations on climate finance, strengthening resilience for vulnerable communities, and achieving an equitable energy transition, experts anticipate New Delhi: As...
by AIP Online Bureau | Nov 10, 2024 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Wealth Management/ Philanthropy
In its consultation paper, Sebi has proposed that only agreements, including shareholder, joint venture and family settlement, that affect the management and control of the firm and are known to the firm should be considered price-sensitive and included in the...
