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Vulnerability of agriculture to monsoon shock has reduced: India Ratings

by AIP Online Bureau | Apr 29, 2023 | Eco/Invest/Demography, Facts, Non-Life, Reinsurance

“A glance at the region-wise correlation for the entire period during FY97-FY21 or any truncated period in between suggests that south peninsular India is more vulnerable to a shortfall in monsoon rains than any other region in terms of both – the area...

Star Health Insurance earns profit of Rs 102 cr in Q4

by AIP Online Bureau | Apr 29, 2023 | Health, Indian News, Non-Life

“Retail health insurance will remain our primary focus for the years ahead” Anand Roy, chief executive officer and managing director Chennai: Star Health and Allied Insurance on Friday reported Rs 102 crore net profit for the fourth quarter ended March 2023. The...
Govt clears Siddhartha Mohanty as chairman of LIC

Govt clears Siddhartha Mohanty as chairman of LIC

by AIP Online Bureau | Apr 28, 2023 | Indian News, Life

Siddhartha Mohanty,chairman, Life Insurance Corporation Siddhartha Mohanty, the senior most MD, will be chairman of the LIC till June 29 and after that will be designated as chief executive officer and managing director of the corporation till 7TH June 2025 New Delhi:...
BC Patnaik appointed as member life, IRDAI

BC Patnaik appointed as member life, IRDAI

by AIP Online Bureau | Apr 28, 2023 | Indian News, Life, Regulation

Bishnu Charan Patnaik, member, Life, IRDAI “The Appointments Committee of Cabinet(ACC) has appointed Patnaik as the whole time member(Life)  of IRDAI till he reaches the age of 62,’’ said an order from the Department of Personnel and Training   New...

Enrolments under Atal Pension Yojana cross 5.20-crore mark

by AIP Online Bureau | Apr 28, 2023 | Data, Eco/Invest/Demography, Pension & Social Security, Policy

According to Finance Ministry sources, the scheme enrolled more than 1.19 crore new subscribers in 2022-23 as compared to 99 lakh in the corresponding fiscal, registering a growth of 20 per cent As on date, the total assets under management (AUM) in APY is more than...
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