by AIP Online Bureau | Aug 9, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Risk Management, Technology, Workplace/Employee Benefits
Rajeev Chandrasekhar,Minister of State for Electronics and IT “On being notified by the customer, the bank shall credit (shadow reversal) the amount involved in the unauthorised electronic transaction to the customer’s account within 10 working days from the date of...
by AIP Online Bureau | Aug 9, 2023 | Indian News, Non-Life, Policy, Regulation
The company has already deposited an amount of Rs 104 crore as GST under protest, without accepting any liability in this regard and would be filing its response against the notice within the prescribed timelines New Delhi: ICICI Lombard General Insurance has become...
by AIP Online Bureau | Aug 9, 2023 | Health, Indian News, Policy, Workplace/Employee Benefits
“Female government servant and single male govt servants appointed to the civil services and posts in connection with affairs of the Union, are eligible for child care leave (CCL) under Rule 43-C of the Central Civil Services (Leave) Rules, 1972 for a maximum...
by AIP Online Bureau | Aug 9, 2023 | Data, Disaster & Management
“Analyzing the trends over the past 20 years reveals a sharp drop in train accidents, plummeting from 473 during the fiscal year 2000-01 to merely 48 in the fiscal year 2022-23,” Union Minister Arjun Munda said New Delhi: Union Minister Arjun Munda on...
by AIP Online Bureau | Aug 9, 2023 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Severe convective storms – storms associated with thunder, lightning, heavy rain, hail, strong winds and sudden temperature changes – caused USD 35 billion (nearly 70%) in insured losses worldwide in the first half of 2023. This means that insured losses are almost...
by AIP Online Bureau | Aug 9, 2023 | Eco/Invest/Demography, Features, Wealth Management/ Philanthropy
R Thyagarajan R Thyagarajan is arguably one of the world’s most idiosyncratic financiers — in no small part because his multibillion-dollar business, the Shriram Group, has thrived in an industry that tripped up countless others around the globe A pioneer in extending...
by AIP Online Bureau | Aug 8, 2023 | Indian News, Life
Life insurance behemoth Life Insurance Corporation has seen a slow down in its premium accretion in the month of July. The corporation’s total premium has declined by 47 per cent y-o-y to Rs 15386.57 in the month of July Mumbai: Despite bullish performance by the...
by AIP Online Bureau | Aug 8, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
A data sample comprising 77% of U.S. insurers showed they held fossil fuel-related assets worth $536 billion in 2019, and patterns are unlikely to have changed dramatically since then, according to sustainability consultancy ERM, investor advocacy group Ceres and...
by AIP Online Bureau | Aug 8, 2023 | International News, Risk Management, Technology
The regulator has said Meta cannot harvest user data in Norway, such as users’ physical locations, and use it to target advertising at them, called behavioural advertising, a business model common to Big Tech. Meta Platforms will be fined 1 million crowns...
by AIP Online Bureau | Aug 8, 2023 | Data, Eco/Invest/Demography, Health
The Committee recommended that the Ministry of Tribal Affairs work in tandem with the Ministry of Health and Family Welfare to generate tribal disaggregated health data with separate classifications like girl children, adolescent girls, women of various age groups and...
