by AIP Online Bureau | Jan 2, 2023 | Interviews, Non-Life, Technology
In an interview with IANS, Anil Kumar Aggarwal, Managing Director & CEO, Shriram General Insurance Company, said the year 2022 has been one of the best years for the Indian general insurance industry. As per the trends, the industry is expected to double its...
by AIP Online Bureau | Jan 2, 2023 | Eco/Invest/Demography, Indian News, Pandemic, Policy
The ministry release issued by Lav Agarwal, additional secretary, Ministry of Health and Family Welfare, said the ministry has decided to revise and update its existing guidelines for International arrivals in view of the rising COVID cases in the above-mentioned...
by AIP Online Bureau | Jan 2, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation
The framework for dealing with D-SIBs was issued in July 2014. The framework requires the RBI to disclose the names of banks designated as Domestic Systemically Important Banks (D-SIBs) starting from 2015 and place these lenders in appropriate buckets depending upon...
by AIP Online Bureau | Jan 2, 2023 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The insurance companies negotiated with reinsurers to replace part of the coverage and they are expected to enable continued insurance, Nikkei reported on Thursday After renegotiating with UK reinsurers, a total of 30 billion yen ($224 million) is expected to be...
by AIP Online Bureau | Jan 2, 2023 | Indian News, Life, Non-Life
In an e-auction conducted under the Challenge Mechanism, Torrent had presented a resolution plan for Reliance Capital Ltd (RCL) with a net present value of Rs 8,640 crore, while Hinduja’s offer was Rs 8,110 crore After the e-auction was over, sources said,...
