by AIP Online Bureau | Jan 1, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
A tsunami of about 3 metres high was expected to hit Niigata and other prefectures on the western coast of Japan. Smaller tsunami waves were already confirmed to have reached the coastline, according to NHK.The area includes a nuclear plant. Tokyo Electric Power Co.,...
by AIP Online Bureau | Jan 1, 2024 | Indian News, Policy, Regulation
Any unit situated in GIFT City, desiring to obtain an FL-III licence shall apply to the Superintendent of Prohibition and Excise, Gandhinagar in Form “A” Gandhinagar: About a week after relaxing the liquor consumption norms for the Gujarat International...
by AIP Online Bureau | Jan 1, 2024 | Indian News, Risk Management
The CMD of the Ahmedabad-based pharma company was booked on Sunday under Indian Penal Code (IPC) sections 376 (rape), 354 (assault or criminal force to woman with intent to outrage her modesty), and 504 (intentional insult with intent to provoke breach of the peace),...
by AIP Online Bureau | Jan 1, 2024 | Features, Health, Policy
A total of 6.11 crore hospital admissions involving expenditure of Rs 78,188 crore have been authorized under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) scheme, of which 1.7 crore hospital admissions worth over Rs 25,000 crore have been authorized...
by AIP Online Bureau | Dec 31, 2023 | Articles, Health, Non-Life, Regulation, Risk Management, Technology
Prasun Sikdar, MD and CEO, ManipalCigna Health Insurance The initiatives such as a unified network of hospitals and 100% health insurance claim settlement system nationwide will offer flexibility to consumers and significantly reduce the financial burden With growing...
by AIP Online Bureau | Dec 31, 2023 | Articles, Eco/Invest/Demography, Health, Non-Life, Policy, Regulation, Risk Management, Technology
Ritesh Kumar, MD & CEO, HDFC ERGO General Insurance The IRDAI initiated the journey towards adopting IFRS 17 and implementing risk-based supervision and capital frameworks. Looking ahead, significant developments are anticipated in the general insurance...
by AIP Online Bureau | Dec 31, 2023 | Articles, Eco/Invest/Demography, Health, Non-Life, Regulation
Krishnan Ramachandran, MD & CEO at Niva Bupa In a bid to simplify health insurance for customers, IRDAI has introduced standardization guidelines, with the latest being the Customer Information Sheet (CIS). This initiative aims to demystify policy benefits and...
by AIP Online Bureau | Dec 31, 2023 | Eco/Invest/Demography, International News, Risk Management
Combined with disruptions at a drought-stricken Panama Canal in the Western Hemisphere, the rise in merchant shipping rates poses headwinds for central bankers in their inflation fight Shipping costs are rising as hundreds of container ships that typically transit the...
by AIP Online Bureau | Dec 31, 2023 | Eco/Invest/Demography, International News, Risk Management
CENTCOM said the navy responded to a request for assistance from the Maersk Hangzhou, a Singapore-flagged, Denmark-owned and operated container ship that reported coming under attack for a second time in 24 hours while transiting the Red Sea The Houthis have...
by AIP Online Bureau | Dec 31, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology
”We will keep an eye on the intermediaries for the 7-15 days after they come back from vacations…and if they still have not made a move, then we will basically amend the IT rules and notify amended IT rules to be as prescriptive as the advisories are,”...
