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Malaysia’s largest online insurance aggregator mulls IPO in next two years

Malaysia’s largest online insurance aggregator mulls IPO in next two years

by AIP Online Bureau | Dec 16, 2025 | Eco/Invest/Demography, International News, Non-Life, Technology

The success of Ant Group Co., the operator of China’s ubiquitous financial services app Alipay, inspired Low to start Bjak in 2019. While insurance technology is well established in markets like the UK, it is at different stages of maturity across Asia, he said.Bjak...
Trump sues BBC for up to $10 billion in damages over speech edit

Trump sues BBC for up to $10 billion in damages over speech edit

by AIP Online Bureau | Dec 16, 2025 | International News, Risk Management

Trump, in his lawsuit filed on Monday in Miami federal court, said the BBC despite its apology “has made no showing of actual remorse for its wrongdoing nor meaningful institutional changes to prevent future journalistic abuses”. President Donald Trump sued the BBC...
NPS exit rules for non-govt subscribers eased to allow up to 80 pc lump sum withdrawals

NPS exit rules for non-govt subscribers eased to allow up to 80 pc lump sum withdrawals

by AIP Online Bureau | Dec 16, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Wealth Management/ Philanthropy

Under the revised framework for corpus exceeding Rs 12 lakh, the new rule is shifted to 80:20, allowing non-government subscribers to take up to 80 per cent as a lump sum while requiring only 20 per cent of the pension wealth to be used for purchasing an annuity,...
100% FDI:Lok Sabha passes Insurance Amendment Bill in one day

100% FDI:Lok Sabha passes Insurance Amendment Bill in one day

by AIP Online Bureau | Dec 16, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Regulation, Reinsurance

Finance minister Sitharaman, while speaking in the Lok Sabha, said, “IRDAI being empowered to disgorge wrongful gains made by insurers and distribute them to affected insurance policyholders.We are asking regulators to rationalise the penalty.” The government is yet...
SC agrees to hear plea against Kerala HC verdict that issued guidelines for clinical establishments

SC agrees to hear plea against Kerala HC verdict that issued guidelines for clinical establishments

by AIP Online Bureau | Dec 16, 2025 | Eco/Invest/Demography, Health, Indian News

Issuing a slew of guidelines, the high court had said each clinical establishment shall prominently display, in Malayalam as well as in English, at the reception or admission desk and on its official website — a list of the services offered and the baseline and...
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