by AIP Online Bureau | Jul 23, 2025 | Indian News, Life, Regulation
Wilf Blackburn, ex-regional CEO of Prudential Asia, is proposed to chair the proposed venture, while Nikhil Verma, former deputy CEO of Aviva Vietnam, is proposed to lead as CEO Mumbai: Domestic brokerage Angel One on Wednesday announced a plan to partner...
by AIP Online Bureau | Jul 23, 2025 | Indian News, Regulation
“Applicable to all insurers (except reinsurers) with more than three years of operations, the framework mandates the appointment of an internal insurance ombudsman to address complaints involving claims up to Rs 50 lakh,” it said. New Delhi: Irdai on...
by AIP Online Bureau | Jul 23, 2025 | Briefs, Disaster & Management, Non-Life, Reinsurance
ICICI Lombard in collaboration with Amazon Web Services (AWS), has completed a major upgrade of its disaster recovery (DR) infrastructure from AWS Asia- Pacific (Mumbai) Region to AWS Asia Pacific (Hyderabad) Region, backed by a fully automated, cloud-native setup....
by AIP Online Bureau | Jul 23, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Complementing the Bengaluru expansion, FM will also open a new sales office in Mumbai later this year. The Mumbai office will help the company strengthen its presence in the country’s financial capital, bringing it closer to key clients and decision-makers Bengaluru:...
by AIP Online Bureau | Jul 23, 2025 | Eco/Invest/Demography, Indian News, Risk Management
The number of Indians living in cities is projected to nearly double to 951 million by 2050 from 480 million in 2020. But erratic rainfall, heatwaves, and rising sea levels are leaving urban areas in the world’s most populous nation increasingly vulnerable, the...
