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FSIB to select CMDs of New India and United India on Mar 20-21, AIC’s Girija S top contender for NIA

by AIP Online Bureau | Mar 15, 2024 | Indian News, Non-Life, Policy

This is also for the first time that a serving CMD of a PSU entity is again appearing for the interview to be selected as a CMD of another PSU insurer. Earlier, there were instances, where CMD of one PSU general insurer had been shifted another PSU general insurer...
US prosecutors probing Gautam Adani and his group over potential bribery

US prosecutors probing Gautam Adani and his group over potential bribery

by AIP Online Bureau | Mar 15, 2024 | Eco/Invest/Demography, Indian News, Risk Management

Gautam Adani, chairman, Adani Group In addition to being a monolithic presence in its home country, with ports, airports, power lines and highway developments, Adani Group attracts capital from around the world. US law allows federal prosecutors to pursue foreign...
Govt forms VK Paul panel to review Ayushman Bharat scheme

Govt forms VK Paul panel to review Ayushman Bharat scheme

by AIP Online Bureau | Mar 15, 2024 | Health, Indian News, Non-Life, Policy, Regulation, Reinsurance, Technology

The National Health Authority(NHA), implementing agency of the scheme, in its letter issued on Mar,8 has, outlined 10 broad areas on which the panel has to formulate suggestions within the next 45 days New Delhi: Even as the government is now planning further...
Chemicals in plastics far more numerous than previous estimates, report says

Chemicals in plastics far more numerous than previous estimates, report says

by AIP Online Bureau | Mar 15, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Health, International News, Technology

While the United Nations Environment Programme (UNEP) had previously identified around 13,000 plastic chemicals, the report by a team of European scientists found more than 16,000 chemicals in plastics — a quarter of which are thought to be hazardous to human health...
Govt designates I4C as agency of MHA to notify unlawful activities in cyber world

Govt designates I4C as agency of MHA to notify unlawful activities in cyber world

by AIP Online Bureau | Mar 14, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management

The I4C was set up by the MHA to provide a framework and eco-system for law-enforcement agencies in dealing with cybercrime in a coordinated and comprehensive manner New Delhi: The Centre has designated the Indian Cyber Crime Coordination Centre (I4C) as an agency of...

India shows progress on UN’s HDI 2022, ranks 134 out of 193 countries

by AIP Online Bureau | Mar 14, 2024 | Data, Eco/Invest/Demography

In 2022, India saw improvements across all HDI indicators — life expectancy, education, and gross national income (GNI) per capita and life expectancy rose from 67.2 to 67.7 years, expected years of schooling reached 12.6, mean years of schooling increased to...

Class action lawsuits pile up over UnitedHealth data breach

by AIP Online Bureau | Mar 14, 2024 | Eco/Invest/Demography, Health, International News, Risk Management, Technology

Plaintiffs say that information stored by Change, and now potentially at risk, includes medical records, payment information, names and Social Security numbers. One of the lawsuits says that “information from the data breach is on the dark web and already being...
Cyber Attack/Data Breach is top business risk for India Inc, Aon Survey

Cyber Attack/Data Breach is top business risk for India Inc, Aon Survey

by AIP Online Bureau | Mar 14, 2024 | Eco/Invest/Demography, Indian News, Intermediaries, Non-Life, Reinsurance, Risk Management, Technology

Jon Pipe, CEO and principal officer of Aon India Insurance Brokers Notably, only three of the top five current risks in India are insurable, and less than half of the overall top ten are uninsurable at present MUMBAI: The 2023 edition of Aon’s biennial survey found...
Lloyd’s to collaborate with Bermuda Monetary Authority to foster innovation and education access

Lloyd’s to collaborate with Bermuda Monetary Authority to foster innovation and education access

by AIP Online Bureau | Mar 14, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

The Lloyd’s Lab programme provides a 10 week fast tracked incubator to enable an environment where great ideas can develop into practical outcomes, with the support of industry experts. The programme sees experienced individuals and teams bring forward creative and...
US House passes TikTok crackdown law

US House passes TikTok crackdown law

by AIP Online Bureau | Mar 14, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology

The measure is the latest in a series of moves in Washington to respond to U.S. national security concerns about China, from connected vehicles to advanced artificial intelligence chips to cranes at U.S. ports WASHINGTON: The U.S. House of Representatives...
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