by AIP Online Bureau | May 23, 2024 | Articles, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Technology
The number of shipping incidents reported globally declined slightly last year (2,951 compared to 3,036), with the British Isles seeing the highest number (695). Fires onboard vessels – a perennial concern – also declined Fires remain a key safety issue on larger...
by AIP Online Bureau | May 23, 2024 | Eco/Invest/Demography, Indian News, Regulation, Risk Management
Satya Narayana Nadella, executive chairman and CEO, Microsoft In a 63-page order, the Registrar of Companies ((NCT of Delhi & Haryana) said that LinkedIn India and the individuals violated the Significant Beneficial Owner (SBO) norms under the Companies Act, 2013...
by AIP Online Bureau | May 23, 2024 | Indian News, Life, Non-Life, Regulation
The deadline for the implementation of the approved resolution plan was May 27, 2024. NEW DELHI: The administrator of debt-ridden Reliance Capital (RCap) has moved NCLT, seeking a 90-day extension beyond the deadline to implement the Rs 9,661 crore resolution plan...
by AIP Online Bureau | May 23, 2024 | Indian News, Non-Life, Wealth Management/ Philanthropy
The stock began the trade at Rs 281.10, up 3.34 per cent from the issue price on the BSE. During the day, it climbed 15.44 per cent to Rs 314. Shares of the company ended at Rs 305.75 apiece, up 12.40 per cent New Delhi: Shares of Go Digit General Insurance Ltd,...
by AIP Online Bureau | May 22, 2024 | Health, Indian News, Non-Life, Reinsurance
Titus Francis, executive director, NIA “NIA has delivered excellent results in FY24, despite adverse impact of several catastrophic claims during the year. It has recorded a 128 per cent growth in its net profit in Q4. On individual lines, Motor third party loss...
by AIP Online Bureau | May 22, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
The court has asked the Centre and Central Board of Film Certification (CBFC) to file a counter affidavit apprising it whether there is any other arrangement for OTT films or whether CBFC is authorised to give certificates to them too Lucknow: The Lucknow bench of the...
by AIP Online Bureau | May 22, 2024 | Indian News, Non-Life
Anil Aggarwal, MD & CEO, Shriram General Insurance Company. The general insurer’s combined ratio, one of the key matrix for profitability had fallen to 105.98 per cent in Fy 24 from 110.42 per cent in Fy 23 The company’s underwriting losses have fallen...
by AIP Online Bureau | May 22, 2024 | Indian News, Policy, Risk Management
After hearing the arguments of the prosecution and the defence, Additional Sessions Court Judge S P Ponkshe expressed concern over the loss of two lives in the accident, and said, “…If the person is highly drunk, make arrangements for his stay there. What should...
by AIP Online Bureau | May 22, 2024 | Data, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Technology
Cyber attacks, including ransomware, data breaches, cyber espionage, and phishing, will inflict damages totalling $9.2 trillion in 2024, $1.1 trillion more than last year and a shocking 972 per cent more than six years ago New Delhi: As organisations continue to spend...
by AIP Online Bureau | May 22, 2024 | Workplace/Employee Benefits
Partly as a result of disruptions in the Red Sea, state-sponsored supply chain disruption appears as one of the main business concerns for 2024 and ‘grey zone aggression’, meaning any action used to weaken a country by any means short of war, has reached the top 10...
