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IMF-FSB paper pitches for coordinated action to deal with cryptocurrencies

by AIP Online Bureau | Sep 8, 2023 | Eco/Invest/Demography, Indian News, Risk Management, Technology, Wealth Management/ Philanthropy

The policy roadmap suggested by the paper to mitigate cryptocurrency risks includes building institutional capacities beyond G20; enhancing global coordination, cooperation and information sharing; and addressing data gaps necessary to understand the rapidly changing...

Philips to pay at least $479 million for Apnea machine cases

by AIP Online Bureau | Sep 8, 2023 | Health, International News, Risk Management

The machines are designed to force extra air down users’ throats to treat obstructive apnea – an ailment that interferes with proper sleep and can cause fatal heart problems. U.S. Food and Drug Administration officials have said they’ve linked 385 deaths to...

Constructive collaborations and client centricity will be key to successful negotiations

by AIP Online Bureau | Sep 8, 2023 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance

The rebound in the ILS market in 2023 has seen it now contributing a record $100 billion in risk transfer capacity, thereby acting as a key supply-side driver in the property catastrophe space. Within the ILS sector, catastrophe bond issuance set a 1H record, having...

HC refuses to restrain use of PolicyBazaar trade marks on Google AdWords

by AIP Online Bureau | Sep 8, 2023 | Indian News, Intermediaries

The court, in its interim order, said the suits were based on the allegations of mere use of the registered trademarks of Policybazaar as key words by the defendants in the AdWords Program and the mere appearance of the websites of the defendants as advertisements or...
Global crypto regulations focus at G20 summit

Global crypto regulations focus at G20 summit

by AIP Online Bureau | Sep 7, 2023 | Eco/Invest/Demography, International News, Regulation, Technology, Wealth Management/ Philanthropy

Regulations are expected to help investors harness the potential benefits of crypto-assets while mitigating associated risks by addressing security, consumer protection, financial stability and international cooperation issues Kualalumpur: Ongoing crypto market...
Global fears are feeding demand for re/insurance: Lloyd’s CEO

Global fears are feeding demand for re/insurance: Lloyd’s CEO

by AIP Online Bureau | Sep 7, 2023 | International News, Non-Life, Reinsurance, Risk Management, Workplace/Employee Benefits

John Neal,Chief Executive Officer,Lloyd’s of London Rising inflation, recession worries, climate threats and geopolitical tensions are making individuals and businesses more wary of risks, according to the head of the insurance exchange. While in a normal year...

Governance mechanism, customer-centricity can help in fintech ecosystem sustainable growth: RBI official

by AIP Online Bureau | Sep 7, 2023 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

“Regulation can wait a bit longer but what is needed more urgently is better governance standards and a mechanism focused on customer centricity, data privacy and data protection, among others,” Ajay Chaudhary, an executive director who heads the fintech...

Study reveals why Canadian wealthy people are more likely to develop skin cancer

by AIP Online Bureau | Sep 6, 2023 | Eco/Invest/Demography, Facts

“A higher socio-economic status is known to be associated with more vacations in sunny climates and recreational tanning, which likely ultimately drives melanoma incidence in this population,” highlights Dr. Ivan Litvinov, an Associate Professor in the...

Victims to get free treatment within 48 hours of road accident in Punjab: Health minister

by AIP Online Bureau | Sep 6, 2023 | Indian News, Non-Life, Policy

”We are also identifying government hospitals situated on state highways to establish and activate robust critical care units so that people can avail world-class treatment at government health facilities,” the minister said Chandigarh: The Punjab...

China against clubbing of climate resilience clause as part of G20 sovereign debt restructuring package

by AIP Online Bureau | Sep 6, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Policy

On the energy transition, sources said, the finance track has recommended on the mechanisms to support the timely and adequate mobilisation of resources for climate finance, while ensuring support for transition activities in line with country circumstances New Delhi:...
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