by AIP Online Bureau | Nov 23, 2024 | Data, Eco/Invest/Demography, Risk Management, Technology
Cloud-related threats remain the foremost worry, cited by 55% of Indian executives as their most concerning cyber risk, marking a 3% increase from the previous year. However, 50% of security leaders and chief financial officers (CFOs) feel least prepared to address...
by AIP Online Bureau | Nov 22, 2024 | Eco/Invest/Demography, International News, Life, Non-Life, Pension & Social Security, Reinsurance
Property reinsurance rates and terms have been relatively stable and are unlikely to soften in the coming months, owing to the hurricane activity during this year. Life insurance remains a good source of diversification for the large global reinsurers. The global...
by AIP Online Bureau | Nov 22, 2024 | Eco/Invest/Demography, Indian News, Policy
Under the rules, every telecom entity will be required to implement specified measures to ensure cyber security, including adopting a telecom cyber security policy (security safeguards, risk management approaches, actions, training, best practices and technologies, to...
by AIP Online Bureau | Nov 22, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management
The NGT had earlier sought the response of various states and union territories in the matter. It had taken suo motu (on its own) cognisance of a newspaper report regarding the detection of arsenic and fluoride in the groundwater across 230 districts in 25 states, and...
by AIP Online Bureau | Nov 22, 2024 | Briefs, Non-Life, Reinsurance
Chaucer, the leading global speciality (re)insurance group, announces the appointment of Jonathan Ng as new Class Underwriter in Political Risk, Singapore.Jonathan joins Chaucer from AXA XL where he specialised in political risk underwriting in Catlin’s Lloyd’s...
by AIP Online Bureau | Nov 21, 2024 | Eco/Invest/Demography, Indian News, Intermediaries, Life, Non-Life
Indian insurance industry is expecting legislative measures allowing 100 % FDI and launching new systems like composite license’, differential capital’, reduction in solvency norms’, captive license, change in investment regulations, one-time...
by AIP Online Bureau | Nov 21, 2024 | Indian News, Technology
“The round also saw participation from existing investor Blume Ventures, said Zopper which is also backed by Creaegis, Bessemer Venture Partners and ICICI Venture. Zopper will use this fresh funding to ramp up its digital technology infrastructure, by...
by AIP Online Bureau | Nov 21, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life, Reinsurance, Technology
K Rajaraman, chairman, International Financial Services Centre Authority IFSCA’s light touch and principle-based regulations have been aligned to global standards to provide the entities with flexibility to offer products in various classes of business including...
by AIP Online Bureau | Nov 21, 2024 | Eco/Invest/Demography, International News, Risk Management
The proposed break-up floated in a 23-page document filed late Wednesday (Thursday AEDT) by the US Department of Justice calls for sweeping punishments that would include a sale of Google’s industry-leading Chrome web browser and impose restrictions to prevent Android...
by AIP Online Bureau | Nov 21, 2024 | Indian News, Risk Management
Gautam Adani, chairman and founder, Adani Group However, Adani group on Thursday denied charges of paying bribe to secure favourable terms for solar power contracts, saying the allegations by US prosecutors are baseless and the conglomerate is compliant with all laws....
