by AIP Online Bureau | Jan 19, 2023 | Data, Technology
Post the COVID pandemic, crimes such as part-time job fraud, cheating in the name of cryptocurrency investment, insurance fraud, sextortion, and electricity bill fraud have risen, as per the report released on Tuesday Mumbai: Cyber crime cases in Mumbai rise by more...
by AIP Online Bureau | Jan 19, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology
“For the first time, we were able to transfer cyber risks to the capital markets, and on a substantial scale, through a proportional reinsurance solution. This underscores our lead role as a bridge builder between the capital markets and the insurance...
by AIP Online Bureau | Jan 18, 2023 | Eco/Invest/Demography, Health, Indian News, Technology
With their health records linked to their ABHA accounts digitally, citizens will be able to access and manage these records as per their convenience. It will enables citizens to create a comprehensive medical history across various healthcare providers thereby...
by AIP Online Bureau | Jan 18, 2023 | Eco/Invest/Demography, International News
Giving the perspective from business, Unilever CEO Alan Jope said the “fragmentation of supply chains is frankly another inflationary pressure in this economy” and warned more generally of the dangers of inequality Davos: Inflation is likely to have...
by AIP Online Bureau | Jan 18, 2023 | Eco/Invest/Demography, Indian News, Policy
India’s population stood at 1.417 billion as of end 2022, according to estimates from the World Population Review, an independent organization focused on census and demographics.That’s a little over 5 million more than the 1.412 billion reported by China Tuesday...
by AIP Online Bureau | Jan 17, 2023 | Indian News, Non-Life
Rashmi Raman Singh, general manager and director, Oriental Insurance Company The next round of vacancies of CMDs in the PSU general insurance companies, during the year, will be happening when Suchita Gupta will be calling it a day at National Insurance Company(NIC)...
by AIP Online Bureau | Jan 17, 2023 | Eco/Invest/Demography, Indian News, Life, Policy
While the new optional income tax scheme – announced in 2020 to make tax compliance simpler – offers lower headline taxation rates on annual income, experts say it is unattractive to many as it does not allow exemptions on housing rentals and insurance...
by AIP Online Bureau | Jan 17, 2023 | Indian News, Non-Life
The officials, who are appearing for the interview to be held on Tuesday afternoon are- N Ramaswamy, general manager, GIC Re, Rashmi Raman Singh, director OIC, M Rajeswari Singh, director, United India Insurance, BS Rahul, general manger, Agriculture Insurance...
by AIP Online Bureau | Jan 17, 2023 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Regulation, Reinsurance
The regulator, in a circular dated Jan. 13, said the move was made with the objective of “de-concentration and diversification” of insurers’ infrastructure portfolios as well as “from the perspective of participation in environmental, social...
by AIP Online Bureau | Jan 17, 2023 | Eco/Invest/Demography, International News, Pandemic, Policy
Significantly this year, China’s GDP in terms of dollars declined from USD 18 trillion in 2021 to USD 17.94 trillion last year mainly due to a sharp rise of the dollar against RMB (the Chinese currency) in 2022 The slow pace was blamed mainly on the strictly...
