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Adani stops accepting sanctioned vessels at its ports, sources say

Adani stops accepting sanctioned vessels at its ports, sources say

by AIP Online Bureau | Sep 11, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance

“To safeguard the legal and commercial interests of the Port, we hereby emphasize that sanctioned vessels are not accepted,” Adani said in the orders seen by Reuters. NEW DELHI: India’s Adani group has stopped accepting vessels that are sanctioned by...
Insurance Surety Bonds for NHAI contracts crosses Rs 10,000 cr landmark

Insurance Surety Bonds for NHAI contracts crosses Rs 10,000 cr landmark

by AIP Online Bureau | Sep 11, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

Girija Subramanian, CMD, New India Assurance Till July 2025, 12 insurance companies have issued around 1,600 ISBs as ‘Bid Security’ and 207 ISBs as ‘Performance Security’ valued at around Rs 10,369 crores for NHAI contracts While the Indian general insurance industry...
US PE giant Blackstone buys majority stake in Ace Insurance Brokers

US PE giant Blackstone buys majority stake in Ace Insurance Brokers

by AIP Online Bureau | Sep 10, 2025 | Eco/Invest/Demography, Indian News, Intermediaries, Non-Life

Ace Insurance Broker known for arranging major covers for Adani Group Market sources say Blackstone has acquired 70 per cent of Ace , set up by Raj Vinay Ajmera and Anil Arora, for over Rs 1700 crores Though, Blackstone has majority stakes with a five year lock in...
Equity mutual fund inflow stands at Rs 33,430 crore in Aug, gold ETFs jump: AMFI

Equity mutual fund inflow stands at Rs 33,430 crore in Aug, gold ETFs jump: AMFI

by AIP Online Bureau | Sep 10, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

“From Rs 42,702 crore of net flow on July 25 to Rs 33,430 crore on August 25, the trend has slowed. I’m surprised by this. Even so, the industry’s average net flows over the previous year, from August 2024 to August 2025, were just Rs 33,000...

JBA Risk Management launches new India Crop Model

by AIP Online Bureau | Sep 10, 2025 | Indian News, Non-Life, Reinsurance, Risk Management, Technology

The new model, which includes more enhanced market data, crops, seasons and districts, provides invaluable insight for the risk management and insurance pricing of India’s two primary crop insurance schemes, the yield and parametric based Pradhan Mantri Fasal Bima...
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