by AIP Online Bureau | Jun 16, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News
“Twenty-four animals have died and 23 people have been injured. Electricity supply has been interrupted in about a thousand villages. 800 trees have fallen. It is not raining heavily anywhere except Rajkot,” the NDRF DG Karwal said. NEW DELHI: National...
by AIP Online Bureau | Jun 16, 2023 | Disaster & Management, Eco/Invest/Demography, Health, Indian News, Non-Life, Regulation, Reinsurance
It needs to be ensured that all claims are surveyed immediately and claim payments/ on account payments are disbursed at the earliest and in any case not exceeding the stipulated timeline Hyderabad: Insurance regulator IRDAI has asked the chiefs of all general...
by AIP Online Bureau | Jun 16, 2023 | Indian News, Life, Non-Life, Regulation, Technology
(Lto R) SN Rajeswari, member(Distribution), IRDAI, Debasish Panda, chairman,IRDAI, Sumit Bohra, president,Insurance Brokers Association at the Annual Brokers’ Meet in Mumbai on Friday “We are working to make the platform and the product as glitch-free as...
by AIP Online Bureau | Jun 15, 2023 | Indian News
Tarun Agarwal, director, Kirloskar Institute of Advanced Management Studies He is likely to join the institute on July 17 Tarun Agarwal has more than 25 years experience in different fields. The post of director at NIA, Pune had fallen vacant after G Srinivasan, had...
by AIP Online Bureau | Jun 15, 2023 | Data, Disaster & Management, Eco/Invest/Demography, Non-Life
India, with a total coastal area of 7,516 km, is exposed to around 8 per cent of the world’s tropical cyclones. Nearly 32 crore people in 9 coastal states — Tamil Nadu, Andhra Pradesh, Odisha and West Bengal on the east coast and Kerala, Karnataka,...
by AIP Online Bureau | Jun 15, 2023 | Indian News, Life
UTI Mutual fund is promoted by the State Bank of India (SBI), Life Insurance Corporation of India (LIC), Punjab National Bank (PNB) and Bank of Baroda (BoB), having a combined holding of 45.21 per cent in the paid-up capital New Delhi: Sponsors of UTI Mutual Fund,...
by AIP Online Bureau | Jun 15, 2023 | Eco/Invest/Demography, Indian News, Policy, Risk Management
“As jewellers, real estate agents, chartered accountants, and company service providers have been made reporting entities under PMLA, lawyers will be brought under the money laundering law next,” one of the sources said NEW DELHI: The government is...
by AIP Online Bureau | Jun 15, 2023 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology
The measure, first proposed in 2021, will govern any product or service that uses an artificial intelligence system. The act will classify AI systems according to four levels of risk, from minimal to unacceptable. Riskier applications, such as for hiring or tech...
by AIP Online Bureau | Jun 15, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Debasish Panda, Chairman, IRDAI Four new firms have entered the nation’s insurance sector in the last year, and a few more are in various stages of enrollment, indicating the business environment is favorable, according to Debasish Panda, Chairman, IRDAI. Assets under...
by AIP Online Bureau | Jun 15, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Workplace/Employee Benefits
Ransomware attacks soared last year, pushing demand for coverage after the pandemic-induced work-from-home era also made remote workers more vulnerable to digital attacks. Those attacks also spurred companies and individuals to adopt more robust cybersecurity measures...
