by AIP Online Bureau | Dec 22, 2021 | Banking & Bancassurance, Indian News, Non-Life, Policy, Reinsurance
However, the ministry of finance has not selected any body for the IPO bound Life Insurance Corporation(LIC) which has provisions for two independent directors New Delhi:The government has appointed independent directors on board of various public sector insurance...
by AIP Online Bureau | Dec 22, 2021 | Indian News, Regulation, Reinsurance
“By no stretch of imagination that the share premium amount be taken into account as part of the minimum paid up capital requirement of an insurance or reinsurance company either under the Insurance Act or the Companies Act,” D Varadarajan, a Supreme Court...
by AIP Online Bureau | Dec 22, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News
It will however be an “active shareholder” in such companies by pushing them to make the transition to net zero emissions, and divest from them if it believes their business models are not sustainable, the deputy head of the central bank – which is...
by AIP Online Bureau | Dec 22, 2021 | Health, Indian News
Niva Bupa has presence in 350 cities across the country which would further increase to over 600 cities by FY23-24. The company aims to achieve Rs 5,000 crore GWP by FY23-24 In the southern market, the brand recorded a a steady growth by registering 84 per cent in...
by AIP Online Bureau | Dec 21, 2021 | Indian News, Wealth Management/ Philanthropy
In case of large value accredited investors, the quantum and manner of exit load applicable to the client of the portfolio manager will be governed through bilaterally negotiated contractual terms, Sebi said in a separate circular Mumbai: Capital markets regulator...
