by AIP Online Bureau | Jan 8, 2025 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
John Neal Neal, after six years in Lloyd’s as a CEO, will play an important role in delivering Reinsurance solutions to meet the evolving demands of today’s dynamic marketplace. He will be based in London, reporting to Andy Marcell, CEO of Risk Capital for...
by AIP Online Bureau | Jan 8, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Risk Management
Numerous buildings were destroyed and nearly 3,000 acres (1,200 hectares) burned in the Pacific Palisades area between the beach towns of Santa Monica and Malibu, officials said. The area is home to many film and music stars. LOS ANGELES: More than 30,000 people...
by AIP Online Bureau | Jan 8, 2025 | Eco/Invest/Demography, Indian News, Policy
Prime Minister Narendra Modi Some of the measures proposed in those talks to boost growth include putting more money into the hands of consumers and cutting taxes and tariffs, according to demands by trade and industry associations New Delhi: After world-beating...
by AIP Online Bureau | Jan 8, 2025 | Eco/Invest/Demography, Indian News, Policy
The possible changes involve simplifying the language and rationalizing information by using formulas and tables, and won’t include any adjustments to tax rates and policy, the people said New Delhi: India’s government plans to simplify its income tax filing rules to...
by AIP Online Bureau | Jan 8, 2025 | Articles, Eco/Invest/Demography, Policy, Regulation, Technology
The Act provides consent-based personal data processing by digital platforms. This means digital platforms will have to inform and get consent from people in English or any of the 22 Indian languages listed in the Constitution, in the language of their choice. Digital...
by AIP Online Bureau | Jan 7, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
“We will refine it (DPDP Rules) further to take the power of technology to children while saving them from many harm,” Vaishnaw said. New Delhi: The Digital Personal Data Protection Rules will be refined further to connect children with technology while...
by AIP Online Bureau | Jan 7, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Technology
“The broad contours of the pilot programme are — victims entitled to cashless treatment up to a maximum of Rs 1.5 lakh per accident per person for a maximum period of 7 days from date of the accident,” Nitin Gadkari said while addressing a press...
by AIP Online Bureau | Jan 7, 2025 | Workplace/Employee Benefits
M Nagaraju,Secretary, Department of Financial Services The RBI also informed that various initiatives have been taken at their end, including developing an emerging tech and Fintech Repository for capturing baseline information in a secured and confidential manner and...
by AIP Online Bureau | Jan 7, 2025 | Eco/Invest/Demography, Facts, Technology
Akio Toyoda,Chairman,Toyota A key part of Toyota’s broader Woven initiative is a new software platform and vehicle operating system it calls Arene, which is designed to speed up car development and lower costs. It plans to deploy the system this year and make it a...
by AIP Online Bureau | Jan 7, 2025 | Eco/Invest/Demography, Interviews, Non-Life, Regulation, Reinsurance, Risk Management
Laurent Rousseau, CEO of Europe, IMEA and Global Capital Solutions, Guy Carpenter 33% of the overall Indiancapacity (premium) is still provided by cross boarder reinsurers(CBRs). CBRs play a critical role particularly in specialty lines (e.g. Terrorism,...
