by AIP Online Bureau | Dec 5, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
The incident will trigger multiple coverage types, including property, public liability, employee compensation, group personal accident and numerous home contents claims. It remains too early to quantify total insured losses, insurers and reinsurers to bear most...
by AIP Online Bureau | Dec 5, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation
The federal government and state-owned Life Insurance Corp of India together own about 95% in the lender. The government will sell 30.48% of its stake in the bank, while LIC will offload 30.24%, along with transfer of management control. India is poised to seek bids...
by AIP Online Bureau | Dec 5, 2025 | Eco/Invest/Demography, Indian News, Technology
These shipments are provided under a contract signed in 2024, which includes fuel supply for the third and fourth VVER-1000 reactors of the Kudankulam plant for the entire service life, starting from initial loading New Delhi: Russia’s state-run nuclear...
by AIP Online Bureau | Dec 5, 2025 | Indian News, Non-Life, Policy
Union Minister of Road Transport and Highways Nitin Gadkari Under the Cashless Treatment of Road Accident Victims Scheme, 2025, the victims are entitled to cashless treatment up to Rs 1.5 lakh per victim per accident for a maximum period of 7 days from the date of the...
by AIP Online Bureau | Dec 5, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
The Indian economy is facing a “rare goldilocks” period. Since October, India’s economy has experienced rapid disinflation leading to a breach of the central bank’s lower threshold of tolerance. Given these macroeconomic conditions,...
