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Cyber Insurance: Crucial For Digital World

Cyber Insurance: Crucial For Digital World

by AIP Online Bureau | Dec 31, 2022 | Articles, Non-Life, Risk Management, Technology

Ransomware attacks, in which hackers gain control of files and data to extract financial gain, continue to be the biggest concern of organisations and is expected to get even more prominent in the years ahead Cyber insurance market is the fastest growing segment in...
India surpasses 1,50,000 Ayushman Bharat Health and Wellness Centres before Dec 31 deadline

India surpasses 1,50,000 Ayushman Bharat Health and Wellness Centres before Dec 31 deadline

by AIP Online Bureau | Dec 31, 2022 | Health, Indian News, Policy

Ayushman Bharat wellness centres aim to provide Comprehensive Primary Health Care (CPHC), by expanding and strengthening the existing Reproductive & Child Health (RCH) and Communicable Diseases services and by including services related to Non-Communicable...
RBI favours prohibition of unbacked crypto assets

RBI favours prohibition of unbacked crypto assets

by AIP Online Bureau | Dec 30, 2022 | Eco/Invest/Demography, Regulation, Technology, Wealth Management/ Philanthropy

The framework proposes that authorities should have appropriate powers, tools and resources to regulate, supervise, and oversee crypto assets activities and markets, both domestically and internationally, proportionate to the financial stability risk they pose,”...

Man loses Rs 14 lakh to fraudsters offering Rs 50 lakh loan on `insurance policies’

by AIP Online Bureau | Dec 30, 2022 | Indian News, Life

The accused lured victims with low interest rate loan offers against the newly purchased insurance policy which was also sold by them to the victims New Delhi: The Delhi Police has busted a gang which operated under the disguise of an insurance firm at a Noida-based...

Challenging Jan 1 renewals reflect a market seeking new equilibrium: Guy Carpenter

by AIP Online Bureau | Dec 30, 2022 | International News, Non-Life, Reinsurance

In a renewal season that was extremely late, ultimately, placements were largely completed at client issued structures and pricing, without many of the requested modifications in coverage Reinsurers presented fractured views at the outset, with more extreme coverage...
Equity investors turn richer by Rs 16.36 lakh crore in 2022

Equity investors turn richer by Rs 16.36 lakh crore in 2022

by AIP Online Bureau | Dec 30, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

In 2021, equity investors reaped handsome rewards as their wealth grew nearly Rs 78 lakh crore while Sensex gained 10,502.49 points or 21.99 per cent. Mumbai: Dalal Street investors became richer by more than Rs 16.36 lakh crore this year as the equity market scaled...

Over 19,400 road accidents occurred due to loss of control by driver in 2021: Report

by AIP Online Bureau | Dec 30, 2022 | Data, Non-Life

According to the report, hit from the back (21.2 per cent) accounted for the largest share in total accidents and the total number of persons killed (18.6 per cent) during 2021 followed by ‘head on collision’ (18.5 per cent) and (17.7 per cent),...

Healthcare institutions need to increase investment in Cyber security: Experts

by AIP Online Bureau | Dec 30, 2022 | Health, Technology

“ We are witnessing serious threats to our data in the form of cyber-attacks. Compared to other industries, the healthcare sector needs to be extra cautious towards cyber security as we keep or store a large volume of sensitive data. The world witnessed the...
Russia-Ukraine conflict: more ship insurers exit war cover

Russia-Ukraine conflict: more ship insurers exit war cover

by AIP Online Bureau | Dec 30, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

At least 12 of the 13 organizations within the International Group of P&I Clubs — the main insurer of risks such as collisions and spills — have changed their policies to exclude claims stemming from Russia’s invasion of Ukraine in recent days. The 13 clubs are...
Google, YouTube content providers must face US children’s privacy lawsuit

Google, YouTube content providers must face US children’s privacy lawsuit

by AIP Online Bureau | Dec 30, 2022 | Intermediaries, Technology

The lawsuit alleged that Google’s data collection violated similar state laws, and that YouTube content providers such as Hasbro Inc, Mattel Inc, the Cartoon Network and DreamWorks Animation lured children to their channels, knowing that they would be tracked U.S....
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