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Allianz leads race for HSBC Life Singapore

Allianz leads race for HSBC Life Singapore

by AIP Online Bureau | Jun 18, 2026 | Eco/Invest/Demography, International News, Life

HSBC had shortlistedAllianz, Sumitomo Life Insurance Co. and Daiichi Life Group Inc. as bidders for the Singaporean insurance unit. Other insurers including Sun Life Financial Inc. and Nippon Life Insurance Co. were said to be in the frame for the unit previously....
Emirates adds War Cover amid gulf rebound

Emirates adds War Cover amid gulf rebound

by AIP Online Bureau | Jun 18, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The product includes medical coverage for conflict-related incidents, with airline-managed hotel accommodations and support for extended stays, according to the statement. Emirates also will rebook connecting services for affected passengers at no extra cost, even if...
US and Iran presidents sign ceasefire agreement, but Trump says he could still resume attacks

US and Iran presidents sign ceasefire agreement, but Trump says he could still resume attacks

by AIP Online Bureau | Jun 18, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

The memorandum includes an immediate end to the war on all fronts, including Lebanon, the full resumption of maritime traffic in the Strait of Hormuz, the lifting of a U.S. blockade of Iranian ports, the waiving of international sanctions on Iran, the unfreezing of...
Telegram moves Delhi HC against govt curbs; SG claims ‘shocking’ activities on platform

Telegram moves Delhi HC against govt curbs; SG claims ‘shocking’ activities on platform

by AIP Online Bureau | Jun 17, 2026 | Indian News, Technology

The Ministry of Electronics and Information Technology (MeitY), acting on recommendations of the National Testing Agency (NTA), issued a direction under Section 69A of the Information Technology Act, 2000, restricting access to the Telegram platform in India till June...
Govt completes 5% OFS in GIC Re, including 3% green-shoe option: DIPAM Sect

Govt completes 5% OFS in GIC Re, including 3% green-shoe option: DIPAM Sect

by AIP Online Bureau | Jun 17, 2026 | Eco/Invest/Demography, Indian News, Reinsurance

Sharing the outcome of the stake sale on social media platform X, DIPAM Secretary said, “Offer for Sale (OFS) in GIC Re closed with enthusiastic response from the investors. Government of India has divested 5.0% per cent of its stake in GIC Re with full...
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