by AIP Online Bureau | Jul 22, 2025 | Briefs, Non-Life
The government on Tuesday has cleared the appointments of five executive directors(EDs) in different PSU general re/insurance companies. Anjana Saxena and Amandeep Singh Grover have been posted as EDs in Oriental Insurance Company, Jayashri Balkrishna in GIC-Re,...
by AIP Online Bureau | Jul 22, 2025 | Banking & Bancassurance, Briefs, Life
Shriram Life Insurance Company (SLIC) has partnered with ESAF Small Finance Bank as a corporate agent to expand the reach of life insurance products to the underserved segments across India. The bank has 788 branches, 713 ATMs, and 1,095 customer service centres...
by AIP Online Bureau | Jul 22, 2025 | Indian News, Intermediaries, Life
Pankaj Chaudhary, minister of state ,Ministry of Finance LIC has already paid Rs115.13 crore to 2,05,896 Bima Sakhis in the country till July 14 New Delhi: Life Insurance Corporation (LIC) has provided a budget of Rs 520 crore for the government’s Bima Sakhi-...
by AIP Online Bureau | Jul 22, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation
It captures the level of financial inclusion using data from different sectors, including banking, insurance, investments, pensions and postal services. Mumbai: The Reserve Bank of India (RBI) on Tuesday said that the country’s financial inclusion index...
by AIP Online Bureau | Jul 22, 2025 | Data, Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management
The survey highlighted that 41 per cent of the respondents in last 6 months consider natural calamities such as floods, earthquakes, and storms as the primary reason to purchase home insurance. These events have made people realise the importance of securing their...
