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Govt to sell up to 5% GIC Re stake tom at Rs 352 per equity share

Govt to sell up to 5% GIC Re stake tom at Rs 352 per equity share

by AIP Online Bureau | Jun 15, 2026 | Eco/Invest/Demography, Indian News, Reinsurance, Wealth Management/ Philanthropy

The Secretary, Department of Investment and Public Asset Management, under Finance Ministry, wrote on its official X account, “Offer for Sale of equity in General Insurance Corporation of India (GIC) opens tomorrow for non-retail investors. Retail investors can bid on...

by AIP Online Bureau | Jun 15, 2026 | Workplace/Employee Benefits

advisors, customers and insurance companies, allowing users to compare and purchase insurance products across health, life and motor segments. Read...
RBI issues stricter norms to curb mis-selling of financial products

RBI issues stricter norms to curb mis-selling of financial products

by AIP Online Bureau | Jun 15, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries, Regulation

The regulator also laid out a broad ​definition of ​mis-selling, which includes practices such as offering ​products that are unsuitable for the ‌customer, providing misleading or inaccurate information, selling products without obtaining explicit consent from the...
Iran, US agree to halt war and reopen Hormuz

Iran, US agree to halt war and reopen Hormuz

by AIP Online Bureau | Jun 15, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Trump said the Strait of Hormuz, a major shipping route for global oil and gas supplies that Iran has effectively shut for months, would open on Friday, and that he ​had ordered the end of a U.S. blockade of ​Iranian ports. DUBAI/BEIRUT:The U.S. and Iran said they...
Liberty and ICEYE partner to deliver market-first Parametric wildfire insurance cover

Liberty and ICEYE partner to deliver market-first Parametric wildfire insurance cover

by AIP Online Bureau | Jun 15, 2026 | Eco/Invest/Demography, Non-Life, Reinsurance, Technology

Jean-Christophe Garaix, Head of Parametrics & Agriculture at Liberty, said: “By pushing the boundaries of technology, we are delivering a new generation of parametric wildfire coverage that is faster, more responsive, and fully data driven. Our property wildfire...
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