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Race for Irdai’s member, Finance, hots up, Cabinet secy panel interviews 5 sr officials

Race for Irdai’s member, Finance, hots up, Cabinet secy panel interviews 5 sr officials

by AIP Online Bureau | Dec 19, 2023 | Indian News, Regulation

The five cadidates are-V Rama Mathew, member, Central Board of Indirect Taxes and Customs, Lalit Chandel MD, Andhra Pradesh General Insurance Corporation, PC Kandhpal, former DMD SBI, RK Sinha, MD,SBI Capital Markets, AS Pardha Saradhi, ED , National Mineral...

Over 7.40 crore persons filed ITRs in FY23, 5.16 crore showed zero tax liability

by AIP Online Bureau | Dec 18, 2023 | Data, Life, Policy

The number of ITRs filed in the 2021-22 fiscal rose to over 6.94 crore and further to over 7.40 crore in the 2022-23 fiscal. The number of persons whose I-T returns amount to zero tax liability during the last four years increased from 2.90 crore in fiscal 2019-20 to...
Ebix files for Chapter 11 Bankruptcy, company’s nearly 200 non-US affiliates not included

Ebix files for Chapter 11 Bankruptcy, company’s nearly 200 non-US affiliates not included

by AIP Online Bureau | Dec 18, 2023 | Eco/Invest/Demography, Intermediaries, International News, Technology

Ebix has a tie-up with India’s BSE for an insurance broking company, BSE Ebix Insurance Broking Private Limited. Ebix holds 40 per cent in the broking unit Insurance software firm and short seller target Ebix Inc. promoted by Indian-American Robin Raina-led...
2,500 fraudulent loan apps weeded out from Google Play Store: Sitharman

2,500 fraudulent loan apps weeded out from Google Play Store: Sitharman

by AIP Online Bureau | Dec 18, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

Finance Minister Nirmala Sitharman said that in accordance with the revised policy, only those apps are allowed on the Play Store which are published by Regulated Entities (REs) or those working in partnership with Res New Delhi: Google has suspended or removed over...

Will AI replace doctors’ ‘gut instincts’?

by AIP Online Bureau | Dec 18, 2023 | Eco/Invest/Demography, Features, Health, Technology

It may not be long until healthcare includes integrated AI forms where a robot greets you in your native language for your annual check-up using Natural Language Processing, takes your vital signs, and sends a recommendation to the doctor on which patient to...

More reinsurers will enter the Cyber Market in 2024, predicts New CyberCube Report

by AIP Online Bureau | Dec 18, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

While there will be an increase in the frequency of cyber attacks fueled by the proliferation of Artificial Intelligence (AI), the insurance sector will work more closely with SMEs to address their needs. LONDON: Traditional reinsurance companies will start offering...

Miller continues reinsurance growth with appointment of Chris Board

by AIP Online Bureau | Dec 18, 2023 | Briefs, Non-Life, Reinsurance

Miller, a specialist (re)insurance broker, has appointed Chris Board to its reinsurance team. He will initially be based in Bermuda and report to Charlie Simpson, Head of Bermuda. Chris’ appointment is part of Miller’s strategic reinsurance build out and follows a...
Lloyd’s of London extends lease on iconic building until 2035

Lloyd’s of London extends lease on iconic building until 2035

by AIP Online Bureau | Dec 18, 2023 | Climate, Environment, Renewable Energy, International News, Non-Life, Reinsurance, Technology, Workplace/Employee Benefits

The deal with landlord Ping An Insurance Group, which came together on Friday, not only grants Lloyd’s an option to stay in the Richard Rogers-designed high-rise until 2040, but also involves a commitment to invest in reducing the Grade I-listed building’s energy...

Rising Covid cases: Health Ministry asks states to maintain ‘constant vigil’

by AIP Online Bureau | Dec 18, 2023 | Eco/Invest/Demography, Health, Policy, Risk Management

Looking at the upcoming festive season, the Union Health Secretary advised the states to put in place requisite public health measures and other arrangements to minimise risk of increase in transmission of the disease by adherence to maintenance of respiratory hygiene...

Britain’s National Grid drops China-based supplier over cyber security fears – FT

by AIP Online Bureau | Dec 18, 2023 | Eco/Invest/Demography, International News, Policy, Risk Management

The decision came in April after the utility sought advice from the National Cyber Security Centre, a branch of the nation’s signals intelligence agency GCHQ, the newspaper quoted a Whitehall official as saying Britain’s National Grid has started removing components...
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