by AIP Online Bureau | Feb 21, 2024 | Briefs, Non-Life
ICICI Lombard General Insurance has announced the appointment of Priya Deshmukh as Head of its Health Products, Operations & Services. She has 27 years of experience and was chief operating officer at Manipal Cigna Health Insurance before joining ICICI Lombard. In...
by AIP Online Bureau | Feb 21, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries, Regulation, Risk Management, Technology
While Indian banks have boosted spending on technology to detect potential money laundering and prevent fraud, the cases are rising. The number of reported frauds of more than 100,000 rupees ($1,205) rose 68 per cent to more than 14,000 from April to September last...
by AIP Online Bureau | Feb 21, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology
LockBit ransomware group remains a key player in today’s threat landscape, with 17 per cent of ransomware engagements in 2023, a new report said on Tuesday. An international law enforcement operation led by Britain’s National Crime Agency and the FBI has...
by AIP Online Bureau | Feb 21, 2024 | Eco/Invest/Demography, Indian News, Policy
Talking about tailwinds for the next financial year, the report said prospects of healthy Rabi harvesting, sustained manufacturing profitability and underlying service resilience are expected to support economic activity in FY25 New Delhi:The outlook for the Indian...
by AIP Online Bureau | Feb 20, 2024 | Eco/Invest/Demography, Health, International News
“What we are worried about is this year, 2024, we’ve got these big gaps in our immunisation programmes and if we don’t fill them really quickly with the vaccine, measles will just jump into that gap,” the WHO’s Natasha Crowcroft, a Senior...
by AIP Online Bureau | Feb 20, 2024 | Indian News, Risk Management, Technology
‘We will fully exploit the potential of AI but set up the guardrails as well to prevent misuse. We are today seen by the world at the forefront to harness AI technology. We are all for deploying AI across use cases, from farm to factories and we want to use AI...
by AIP Online Bureau | Feb 20, 2024 | Briefs, Intermediaries, Workplace/Employee Benefits
Howden Insurance Brokers India has been Great Place To Work® Certified™ in India from Febuary,2024 to Febraury,2025! “The certification serves as a testament to our ongoing efforts in promoting a culture of collaboration, innovation, and employee satisfaction. It not...
by AIP Online Bureau | Feb 20, 2024 | Briefs, Health, Life, Non-Life
HDFC Life International, based in GIFT IFSC, has launched a comprehensive US Dollar Student Health Insurance Plan, under the plan name ‘Global Student Health Care’. The plan is designed for students who are presently pursuing higher education abroad. It offers...
by AIP Online Bureau | Feb 20, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management
This is the first time New Delhi is pursuing private investment in nuclear power, a non-carbon-emitting energy source that contributes less than 2% of India’s total electricity generation. The funding would help India to achieve its target of having 50% of its...
by AIP Online Bureau | Feb 20, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Reinsurance
`The CBRs have been getting significant amount of premiums from India and their share in the Indian reinsurance market is increasing. It is now felt necessary to ring-fence the interests of Indian insurers to maintain their ability to meet obligations towards...
