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DoT combats Cyber-frauds: Central system to stop spoofed calls to be commissioned shortly

by AIP Online Bureau | Oct 4, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Technology

This system is being deployed in two phases: first, at the TSP level, to prevent calls spoofed with phone numbers of their own subscribers; and second, at a central level, to stop calls spoofed with the numbers of subscribers from other TSPs New Delhi: The Department...

Africa Specialty Risks to operate as a Lloyd’s service company on behalf of ASR Syndicate 2454

by AIP Online Bureau | Oct 4, 2024 | International News, Non-Life, Reinsurance

ASR Ltd is now able to write up to USD $10 million per risk across its Political Violence and Terrorism, Energy, Construction, Property, and Liability lines of business, with additional lines to be added, subject to necessary approvals London: Africa Specialty Risks...

ICMR inks pact with NTPC Vidyut Vyapar Nigam to promote solar energy in healthcare research

by AIP Online Bureau | Oct 4, 2024 | Data, Eco/Invest/Demography

The partnership aims to equip Indian Council of Medical Research (ICMR) institutes across the country with solar power, supporting India’s push towards renewable energy and sustainability, the statement issued by the Union health ministry said New Delhi: The...

Life expectancy in men could rise by a yr on cutting down smoking: Lancet

by AIP Online Bureau | Oct 4, 2024 | Data, Eco/Invest/Demography, Health

They also found that banning sales of cigarettes and other tobacco products could prevent 1.2 million lung cancer deaths across 185 countries by 2095. Of these deaths, nearly two-thirds would be averted in low- and middle-income countries, because they tend to have...

Scammers creating 1,000 phishing domains a day, celebs deepfake videos

by AIP Online Bureau | Oct 4, 2024 | Data, Risk Management, Technology

The cyber security firm said that by leveraging its deepfake detection technology research team has identified a series of deceptive campaigns targeting users in India, Pakistan, Nigeria, Saudi Arabia, and beyond for promoting a fake gaming app. New Delhi: Scammers...

GST panel deliberates on lowering rate on health insurance, tractors

by AIP Online Bureau | Oct 4, 2024 | Eco/Invest/Demography, Health, Indian News, Policy

As per experts, health insurance is likely to see a decrease from 18 per cent to 12 per cent, while term insurance may attract a GST of 5 per cent New Delhi: As the government focuses on GST 2.0 which further eases tax laws, enhance tax simplification and adoption of...
Per capita income in India to increase by at least $2,000 in 5 years: FM Sitharaman

Per capita income in India to increase by at least $2,000 in 5 years: FM Sitharaman

by AIP Online Bureau | Oct 4, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Wealth Management/ Philanthropy

Nirmala Sitharaman, Union Finance Minister “India finds itself amid the global geopolitical repositioning effort which has been going on. This repositioning can act as a structural force to India’s advantage by creating robust supply chains with countries...
Nilesh Garg quits as MD &CEO of Tata AIG General Insurance

Nilesh Garg quits as MD &CEO of Tata AIG General Insurance

by AIP Online Bureau | Oct 4, 2024 | Indian News, Non-Life, Technology

Nilesh Garg, MD& CEO, Tata AIG  General Insurance It is not yet known who will succeed Garg at Tata AIG General Insurance. During last one year, Rs three lakh trillion Indian general insurance industry has seen change of guards in many big companies Mumbai:...

More than 1-in-3 people globally vulnerable to flood Risk, says Moody’s

by AIP Online Bureau | Oct 3, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

South Asia is the most flood-prone region, with almost 40% of its inhabitants susceptible to inland flooding and just over 5% at risk from coastal flooding at the 100-year return period level London: As the Southeastern US and central Europe contend with the aftermath...

Microinsurance Network announces partnership with African Insurance Organisation

by AIP Online Bureau | Oct 3, 2024 | Eco/Invest/Demography, International News, Life, Non-Life

Together, MiN and AIO, with additional support from the International Labour Organization (ILO)’s Impact Insurance Facility aim to create a robust platform for knowledge sharing, capacity building, and the promotion of product development to enhance the inclusive...
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