by AIP Online Bureau | Sep 25, 2023 | Data, Risk Management, Technology
The findings have been mentioned by the Future Crime Research Foundation (FCRF), a non-profit start-up incubated at the Indian Institute of Technology (IIT)-Kanpur, in its latest comprehensive white paper named ‘A Deep Dive into Cybercrime Trends Impacting...
by AIP Online Bureau | Sep 25, 2023 | Eco/Invest/Demography, Health, Indian News
“With increasing lifespan, changing lifestyles and environmental factors, the prevalence of cancer is assuming epidemic proportions and cancers of all nature and all organs are happening everywhere” Union Minister Jitendra Singh Kathua/Jammu: Asserting that...
by AIP Online Bureau | Sep 24, 2023 | Indian News, Non-Life, Policy, Regulation, Reinsurance
The general insurance companies are seeking changes in the Indian Contract Act and Insolvency and Bankruptcy Code (IBC) to bring surety bonds at par with bank guarantees when it comes to recourse available to them in case of a default. New Delhi: To make surety bond...
by AIP Online Bureau | Sep 24, 2023 | Indian News, Non-Life
Sanjeev Mantri, MD & CEO- designate, ICICI Lombard General Insurance `The Board of Directors based on the recommendation of the Board Nomination and Remuneration Committee have approved the appointment of Mantri presently with effect from December 1, 2023 or the...
by AIP Online Bureau | Sep 24, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
“Since valuations remain high even after the recent pullback and US bond yields are attractive (the US 10-year bond yield is around 4.49 per cent) FPIs are likely to press sales so long as this trend persists,” V K Vijayakumar, Chief Investment Strategist...
by AIP Online Bureau | Sep 24, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life
Based on a report on the estimated damages caused to standing crops in the three districts due to flooding caused by the river, the government has decided to provide a special relief package from the state budget in addition to the State Disaster Response Fund (SDRF)...
by AIP Online Bureau | Sep 24, 2023 | Health, International News, Policy
British Prime Minister Rishi Sunak Those measures include free vape kits, a voucher scheme to incentivise pregnant women to quit, and consulting on mandatory cigarette pack inserts, the spokesperson added. The spokesperson declined to comment further on The Guardian...
by AIP Online Bureau | Sep 24, 2023 | Indian News, Intermediaries, Non-Life, Reinsurance
The company, pursuant to receipt of approval from the Insurance Regulatory and Development Authority of India (Irdai), completed the acquisition of 20,61,856 equity shares of Rs 10 each of MIBL at a price of Rs 1,001 per share, Mahindra Finance said in a regulatory...
by AIP Online Bureau | Sep 23, 2023 | Eco/Invest/Demography, International News, Non-Life, Policy, Regulation, Reinsurance, Risk Management
The continued retreat of larger insurance carriers from the California residential property insurance market signals ongoing regulatory constraints, rising cost inflation, and higher catastrophe losses, credit rating agency Fitch said in a note earlier this year...
by AIP Online Bureau | Sep 22, 2023 | Indian News, Life, Regulation
The tax authority has alleged that among other violations, LIC did not reverse the Input Tax Credit (ITC) availed on the premium received by the corporation from policy holders Mumbai: The Bihar-Additional Commissioner State Tax (Appeal), Central Division, Patna, has...
