by AIP Online Bureau | May 16, 2024 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management
Following the insertion in 2016 of a class-action provision in the Companies Act, a number of them could, in theory, come together and seek compensation from the company, its directors, auditors and even external consultants for acting in bad faith By Andy Mukherjee...
by AIP Online Bureau | May 16, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology, Wealth Management/ Philanthropy
Sebi said it could monitor cryptocurrencies that take the form of securities as well as new offerings called Initial Coin Offerings (ICO). It could also issue licenses for equity market-related products, said the person aware of the panel’s discussions Mumbai:...
by AIP Online Bureau | May 16, 2024 | International News, Non-Life, Reinsurance
Moses Ojeisekhoba, CEO Global Clients and Solutions, to pursue opportunities outside Swiss Re iptiQ is a digital insurance company and division of Swiss Re. The business offers consumer products for life, health, home and car insurance on a white-labelling platform...
by AIP Online Bureau | May 16, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
So far, NHAI has received 164 Insurance surety bonds consisting of 20 bonds for performance security and 144 bonds for bid securities for implementing its projects New Delhi: After initial hitches, some of the domestic general insurers including New India Assurance,...
by AIP Online Bureau | May 15, 2024 | Banking & Bancassurance, Indian News, Life, Non-Life, Regulation
According informed sources, CoC in today’s meeting has taken a tough stand and informed Hinduja Group to make the payment by 27th May or action in accordance with the RFRP will be taken whereby CoC can. encash performance bank guarantee of almost Rs. 500...
by AIP Online Bureau | May 15, 2024 | Data, Eco/Invest/Demography, Health
The report also highlighted the importance of having 100 per cent health insurance coverage for the country’s population There is a need to increase the number of qualified doctors to more than 50 lakh and also add 30 lakh more hospital beds in the country in...
by AIP Online Bureau | May 15, 2024 | Eco/Invest/Demography, Features, Health, Non-Life, Policy, Workplace/Employee Benefits
Extreme temperatures can also impact economies. People are less productive during hot weather, even if they work indoors, while children struggle to learn in extreme heat Annu Mishra kept her modest food stall shut as temperatures in Odisha’s Bhubaneswar...
by AIP Online Bureau | May 15, 2024 | Data, Eco/Invest/Demography, Health, Non-Life, Risk Management
Dr Narender Saini, Former General Secretary of the Indian Medical Association, said “Tobacco use affects both the health and economy. The burden of tobacco-related morbidity and mortality has been on the rise. Respiratory ailments, cardiovascular diseases and...
by AIP Online Bureau | May 15, 2024 | Briefs, Life
HDFC Life has announced its highest-ever bonus of Rs. 3,722 cr. on participating plans during the company’s board meeting in April 2024 benefitting 22- 23 lakh policyholders. Out of the total bonus amount, Rs 2,798 crore will be disbursed to policies in the current...
by AIP Online Bureau | May 15, 2024 | Indian News, Life, Regulation
Rushabh Gandhi, MD&CEO designate, IndiaFirst Life Insurance Rushabh Gandhi has over 29 years of experience in the financial services industry and across national and international markets Mumbai: As planned earlier, the board of IndiaFirst Life Insurance has...
