by AIP Online Bureau | Mar 30, 2023 | Health, International News, Risk Management, Technology
The company recalled millions of breathing devices and ventilators used to treat sleep apnea in 2021 because foam used to dampen noise from the devices might degrade and become toxic, carrying potential cancer risks. Dutch health technology company Philips expects to...
by AIP Online Bureau | Mar 30, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
“Russia’s high dependence on insurance from G-7 and European countries for shipping oil means the price-cap coalition has strong leverage,” Meri Pukarinen, Europe-Russia policy officer at the Helsinki-based Centre for Research on Energy and Clean Air, said by email....
by AIP Online Bureau | Mar 30, 2023 | International News, Non-Life, Reinsurance, Risk Management
The lawsuit by Julia Sommer, 41, brought after a Swiss Re senior manager commented about her breasts, made references about sex and discriminated against her, swings the spotlight back on an industry struggling to shake off a reputation for sexism. London: A former...
by AIP Online Bureau | Mar 30, 2023 | Indian News, Intermediaries, Regulation, Risk Management, Technology
Sebi also said that listed entities will be required to fill up the vacancy of Directors, Compliance Officer, Chief Executive Officer and Chief Financial Officer within a period of three months from the date of such vacancy to ensure that such critical positions are...
by AIP Online Bureau | Mar 29, 2023 | Indian News, Regulation
The posts which have been advertised for recruitments are Chief Technology Officer (CTO),Chief Communications Consultant (CCC), Chief People Officer (CPO) and Chief Risk Officer (CRO) The minimum gross emoluments for all these posts would be around Rs70 lakhs per...
by AIP Online Bureau | Mar 29, 2023 | Disaster & Management, Indian News, Policy, Risk Management
“The Program will help Government of Odisha scale up existing social protection systems to better protect vulnerable households from climate shocks,” said Auguste Tano Kouame, the World Bank’s Country Director for India. Washington: The World...
by AIP Online Bureau | Mar 29, 2023 | Eco/Invest/Demography, International News, Policy
There is no international binding agreement for water like the one reached for climate in Paris in 2015, or framework like that established to protect nature in Montreal last year, despite dire warnings of the risks humanity faces if water is not managed better. The...
by AIP Online Bureau | Mar 29, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Regulation
Also, the regulator has decided to come up with norms for ESG Rating Providers (ERPs) amid the growing importance of their role in making investment decisions. To promote ESG investing, Sebi will introduce certain measures to address the risk of mis-selling and...
by AIP Online Bureau | Mar 29, 2023 | Indian News, Regulation, Risk Management, Technology
Accordingly, all portfolio managers with asset under management of Rs 3,000 crore or more, under discretionary and non-discretionary portfolio management service taken together, as on the last date of the previous calendar month will comply with the provisions of...
by AIP Online Bureau | Mar 29, 2023 | Indian News, Technology
On October 20 last year, the Competition Commission of India (CCI) slapped a penalty of Rs 1,337.76 crore on Google for anti-competitive practices in relation to Android mobile devices. CCI had also ordered the internet major to cease and desist from various unfair...
