by AIP Online Bureau | Oct 15, 2024 | Indian News, Non-Life, Reinsurance
The company is not expected to be profitable even this year. Earlier this year, Acko founder Varun Dua had said the company could become profitable in the financial year 2026-27 New Delhi: New-age insurance company ACKO has reported Rs 670 crore loss in financial year...
by AIP Online Bureau | Oct 15, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management
Prime Minister Narendra Modi Emphasising on ethical use of AI with security, dignity, equity being at the centre, Prime Minister Narendra Modi said global institutions should come together to work out dos and don’ts New Delhi: Prime Minister Narendra Modi on...
by AIP Online Bureau | Oct 15, 2024 | Indian News, Life
Sandip Goenka, chief executive officer, Acko Life Sandip,with two decades of experience in life, health, general insurance, reinsurance, and insurance consulting, is a qualified actuary from the Institute of Actuaries of India and the UK Actuarial Institute with a...
by AIP Online Bureau | Oct 15, 2024 | Eco/Invest/Demography, Health, Indian News, Intermediaries, Non-Life, Technology
Prasun Sikdar, MD & CEO, designate, Bima Sugam Federation “I am truly excited about the journey ahead and the potential to democratise and universalise insurance in Bharat. Our commitment to enhancing affordability, accessibility, and availability is crucial...
by AIP Online Bureau | Oct 14, 2024 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Wealth Management/ Philanthropy
“The information about authentic persons or institutions registered with Sebi is available on the website,” Sebi Executive Director Manoj Kumar said Mathura: Investors must rely on persons or institutions that are registered with the Securities Exchange...
by AIP Online Bureau | Oct 14, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Non-Life, Regulation, Risk Management
Sunil Barthwal, Commerce Secretary The issues which figured in the meeting included the need for low rate of credit, enhanced insurance coverage, coverage of loans, and priority lending, the official said New Delhi: Commerce Secretary Sunil Barthwal on Monday held a...
by AIP Online Bureau | Oct 13, 2024 | Eco/Invest/Demography, Health, International News, Non-Life
Across all the focus group responses, the top three major risks were pollution, flooding and heatwaves. Three minor risks were cold spells, wildfires and vector-borne diseases, such as malaria Copenhagen: Climate change is likely to have a severe impact on health...
by AIP Online Bureau | Oct 13, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life
“The committee which decides on health-benefit packages under the scheme is deliberating on the need for adding more health packages, which exclusively tend to geriatric care, as the number of such beneficiaries will go up with the launch of the scheme,”...
by AIP Online Bureau | Oct 13, 2024 | Data, Eco/Invest/Demography
Globally, around 733 million people face hunger each day due to a lack of access to a sufficient amount of food, while about 2.8 billion people cannot afford a healthy diet India is among 42 countries that fall within the “serious” category, alongside...
by AIP Online Bureau | Oct 13, 2024 | Health, Indian News, Risk Management, Technology
Star, which has previously said it is a “victim of a targeted malicious cyberattack”, on Saturday revealed for the first time that in August “the threat actor demanded a ransom of $68,000 in an email” addressed to the company’s managing...