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HDFC Bank gets RBI approval for up to 9.5% stake in IndusInd Bank

HDFC Bank gets RBI approval for up to 9.5% stake in IndusInd Bank

by AIP Online Bureau | Dec 16, 2025 | Banking & Bancassurance, Indian News, Life, Non-Life, Regulation

In an exchange filing on Monday, HDFC Bank said that several of its group companies have received permission to invest in IndusInd Bank.These include HDFC Mutual Fund, HDFC Life Insurance Company, HDFC ERGO General Insurance Company, HDFC Pension Fund Management, and...
Insurance Amendment Bill, 2025: IRDAI further empowered to protect customers

Insurance Amendment Bill, 2025: IRDAI further empowered to protect customers

by AIP Online Bureau | Dec 15, 2025 | Eco/Invest/Demography, Indian News, Intermediaries, Policy, Regulation

The bill provides that the IRDAI may in the interest of the policyholders, specify by the regulations, the limits of any commission, remuneration or reward in any form payable to an insurance agent or an insurance intermediary, the manner of such payment, the manner...
Fifth La Niña in 6 yrs to disrupt crops and supply chains

Fifth La Niña in 6 yrs to disrupt crops and supply chains

by AIP Online Bureau | Dec 15, 2025 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life, Reinsurance

The La Niña phenomenon is often linked with droughts in California, Argentina and Brazil, and the destructive flooding that recently swept Southeast Asia. These types of catastrophes have become a larger factor in setting terms for insurers, farmers and energy...
Warren Buffett’s successor Greg Abel had steady rise at Berkshire

Warren Buffett’s successor Greg Abel had steady rise at Berkshire

by AIP Online Bureau | Dec 15, 2025 | International News, Reinsurance

Greg Abel, CEO designate,Berkshire Hathaway Ajit Jain, 74, also a vice chairman, still oversees Berkshire’s insurance businesses. Investors had long viewed him as a CEO candidate, though Buffett has said Jain did not want the job The elevation of Greg Abel to replace...
Govt officials hold road shows in London and Singapore for GIC Re disinvestment

Govt officials hold road shows in London and Singapore for GIC Re disinvestment

by AIP Online Bureau | Dec 15, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Reinsurance

The government is also actively planning to disinvest in Life Insurance Corporation (LIC) shortly New Delhi/Mumbai: The Indian government held road shows in London and Singapore to assess investor interest for a minority stake sale in state-run GIC Re. Top officials...
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