by AIP Online Bureau | May 14, 2024 | Eco/Invest/Demography, Indian News, Regulation, Risk Management
The findings underscore the vulnerability of millions of traders to the risks of price manipulation in this segment due to fewer compliance requirements. They also highlight the limitation of regulatory warnings aimed at curbing enthusiasm for tiny IPOs in India,...
by AIP Online Bureau | May 14, 2024 | Indian News, Non-Life, Policy
“Prima facie, we are of the view that a right balance will have to be struck for ensuring that vehicles remain compliant with PUC norms but, at the same time, all vehicles must have third party insurance,” the bench said New Delhi: The Supreme Court on Monday said...
by AIP Online Bureau | May 14, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Catastrophe bonds and other insurance-linked securities, which powered last year’s highest-returning hedge fund strategy, are built on calculations that can underestimate a new breed of risk stemming from high-frequency events such as wildfires and thunderstorms,...
by AIP Online Bureau | May 14, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Regulation
Major insurers and ship engine makers have already withdrawn cover for Russia’s tanker fleet, which Moscow is relying on to maintain the country’s oil trade after Washington and its allies including the European Union imposed a raft of sanctions for its invasion of...
by AIP Online Bureau | May 13, 2024 | Eco/Invest/Demography, Health, International News, Non-Life, Policy
The law aims to provide healthcare to millions of poor citizens in a major overhaul of a two-tier system, which still reflects deep racial and social inequalities three decades after the end of white minority rule. Johannesburg: South Africa’s President Cyril...
by AIP Online Bureau | May 13, 2024 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
“There will be an investigation regarding what kind of permission they have for this hoarding, whether they had this permission or not. The CM has directed that a proper audit of all the hoardings in Mumbai be done by the BMC to mitigate such incidents in the...
by AIP Online Bureau | May 13, 2024 | Indian News, Non-Life, Reinsurance, Risk Management, Technology
The Indian space industry is experiencing phenomenal growth, with a projected market size reaching into the tens of billions. With the privatisation of space launches, India targets a five-fold increase in its global launch market share, projected to reach $47.3...
by AIP Online Bureau | May 13, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News
“We have several rare species of birds whose breeding season coincides with the forest fire season, from April to June. Frequent and uncontrolled forest fires are gradually making these species highly endangered in Uttarakhand forests,” Sanjeev Chaturvedi,...
by AIP Online Bureau | May 13, 2024 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology
Both crashes happened during the daytime hours and the motorcyclists suffered minor injuries. In both cases, the agency confirmed that each of the Amazon vehicles was operating in autonomous mode leading up to the crashes Detroit: Zoox, Amazon’s self-driving...
by AIP Online Bureau | May 13, 2024 | International News, Policy, Regulation, Risk Management, Technology
The Commission said in March that Elon Musk’s X, TikTok owner ByteDance and Booking.com may meet EU criteria subjecting them to tough tech rules as so-called gatekeepers Paris:The European Commission on Monday said it had designated Booking as a so-called...