by AIP Online Bureau | Jul 22, 2021 | Indian News, Intermediaries, Technology
New Delhi: The Softbank-backed Insurance aggregator turned broker Policybazzar is planning to raise Rs 6,500 crore via an initial public offering (IPO), . PB Fintech, the parent company of Policybazaar in a regulatory filing approved a resolution to raise...
by AIP Online Bureau | Jul 22, 2021 | Eco/Invest/Demography, Indian News, Policy, Risk Management
Washington: India "remains a challenging place" to do business, the US has said, urging it to foster an attractive and reliable investment climate by reducing barriers to investment and minimising the bureaucratic hurdles. The State Department, in a...
by AIP Online Bureau | Jul 22, 2021 | Indian News, Life, Non-Life
Mumbai: The Governing Body of Insurance Council (GBIC) has recommended names, including insurers and other technocrats,for filling up posts of nine Insurance Ombudsmen, located in different parts , mostly capital cities of states, of the country. They have been...
by AIP Online Bureau | Jul 22, 2021 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Pension & Social Security, Reinsurance
NEW YORK: – A federal judge has narrowed the scope of a U.S. Department of Justice lawsuit blocking the proposed $30 billion merger of insurance brokers Aon PLC and Willis Towers Watson PLC, allowing the companies to finalize remedies for three...
by AIP Online Bureau | Jul 22, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
BERLIN: Insured losses from floods in western Germany last week may total 4 billion to 5 billion euros ($4.7-5.9 billion), insurance industry association GDV said on Wednesday. It said the floods in the states of North Rhine-Westphalia and Rhineland-Palatinate are...
