by AIP Online Bureau | Apr 25, 2024 | Breaking News!, Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Pension & Social Security, Regulation
Debasish Panda, chairman,IRDAI Bima Vistaar will have a combined features of Life, Health, Personal accident and Property. For Life cover a premium of Rs 820 has to be paid while Health, Personal accident, Property have been priced at Rs 500, Rs 100 and Rs 80...
by AIP Online Bureau | Apr 25, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Non-Life, Regulation, Risk Management, Technology
The plans come as internal government data shows individuals have lost funds of nearly $1.26 billion in financial institutions to cyber fraud since 2021, with one of the sources saying about 4,000 fraudulent accounts are opened every day Tens of thousands of Indians...
by AIP Online Bureau | Apr 25, 2024 | Breaking News!, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Russian companies Sogaz Insurance, Alfastrakhovanie, and VSK Insurance, have joined Ingosstrakh as insurers approved by India for providing marine insurance cover, an order posted on Indian shipping regulator’s website showed “With the backing of the...
by AIP Online Bureau | Apr 25, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology
In a statement the ICICI Bank spokesperson said that it came to their notice that “about 17,000 new credit cards which were issued in the past few days were erroneously mapped in our digital channels to wrong users”. “No instance of misuse of a card...
by AIP Online Bureau | Apr 25, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News
Gurpreet Chhatwal, Managing Director, CRISIL Ratings, “The ESG scores, which will henceforth be called ‘ESG ratings’, have already found traction among market participants. These are based on a unique India specific framework that factors in nuances at the sectoral...
by AIP Online Bureau | Apr 25, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Risk Management
Jack Suk, Underwriter, Political Risks & Trade Credit, Asia Pacific, Beazley said: “Materials vital to the energy transition and development of electric goods are an increased focus for companies. As some developed countries look to move their supply chains away...
by AIP Online Bureau | Apr 25, 2024 | Eco/Invest/Demography, Indian News, Policy
Overall, India continues to be the fastest-growing major economy, with positive assessments of the growth outlook for the current financial year for India by international organisations and the RBI, the Monthly Economic Review for March said New Delhi: Resilient...
by AIP Online Bureau | Apr 25, 2024 | Eco/Invest/Demography, Indian News, Policy, Technology
Now, litigants, parties in-person and advocates-on-record (AoRs) will receive automated messages regarding e-filing, objections raised by the registry, causelist and uploading of orders and judgments, CJI Chandrachud told the members of the bar in open court New...
by AIP Online Bureau | Apr 25, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy
It said based on the “polluter pays principle”, the Agra nagar nigam is liable to pay environment compensation of Rs 58,39,20,000 (Rs 58.39 crore) while the Mathura-Vrindavan nagar nigam is liable to pay Rs.7,20,10,000 (Rs 7.20 crore) In a 200-page...
by AIP Online Bureau | Apr 24, 2024 | Briefs, Non-Life, Policy
The GIPSA, the coordinating body for the six PSU general insurance companies including GIC Re and Agriculture Insurance Company(AIC) have notified all 16 appointments of newly selected general mangers,Chndra S Iyer from GIC Re has been appointed as one of general...