by AIP Online Bureau | Jul 1, 2025 | Disaster & Management, Indian News
“The state government will talk to the company management that Rs 1 crore each compensation will be paid to the deceased families. I have issued orders that from both the government side and company side Rs 1 Crore compensation will be paid,” Telangana Chief Minister...
by AIP Online Bureau | Jul 1, 2025 | Indian News, Life, Non-Life
For insurance sector appointment, Usha Sangwan, former Managing Director, LIC, A.V. Girija Kumar, former Chairman and Managing Director, Oriental Insurance Company Ltd and Sujay Banarji, former whole-time member (distribution), IRDAI, too have been given extension as...
by AIP Online Bureau | Jul 1, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology
M Nagaraju, Secretary,Department of Financial Services “Secretary directed private sector banks to increase their participation in implementation of govt schemes. He stressed upon fast settlement of the claims under Jansuraksha schemes, augmentation of banking...
by AIP Online Bureau | Jun 30, 2025 | Banking & Bancassurance, Indian News, Life, Non-Life
Generali will be holding a 74% stake while Central Bank of India will be holding up to 26% in the joint venture Jaime Anchústegui, deputy CEO, Insurance, Generali Group, commented: “We are pleased to announce this new chapter for our business in India together with...
by AIP Online Bureau | Jun 30, 2025 | Indian News, Non-Life, Reinsurance, Risk Management
“The Hyderabad facility is fully insured, and we are in the process of initiating the necessary claims as per standard procedures. We remain committed to resuming operations at the earliest, with enhanced focus on safety, risk mitigation, and operational...