by AIP Online Bureau | Aug 1, 2025 | Indian News, Non-Life, Regulation
“The OIC board has approved the decision and we have written to the Central Bank of the UAE that our Dubai office will be placed under run off operations with effective from midnight of 7th August. We will honour all our liabilities and commitments to all our...
by AIP Online Bureau | Aug 1, 2025 | Indian News, Life, Policy, Regulation
“As far as LIC is concerned, we have completed the RFP process. The process for appointment of merchant bankers and legal advisors has been completed,” DIPAM) Secretary Arunish Chawla said The government needs to offload another 6.5 per cent stake in the...
by AIP Online Bureau | Aug 1, 2025 | Articles, Climate, Environment, Renewable Energy, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management
Climate change is a systemic risk that demands a systemic response. As first responders to disasters, insurers must shift their mindset from viewing climate as a hazard to seeing it as a call to innovate Rakesh Jain, CEO, Reliance General Insurance India, with its...
by AIP Online Bureau | Aug 1, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Pension & Social Security, Policy
A staggering 55.44 crore Jan Dhan accounts have been opened in India, 56 per cent of which belong to women, and the total amount in these deposits has surpassed Rs 2.5 lakh crore as of May 21 this year. New Delhi: Nearly 6.6 lakh new PM Jan Dhan Yojana accounts were...
by AIP Online Bureau | Aug 1, 2025 | Eco/Invest/Demography, Indian News, Policy
This week, the Trump administration cited the purchases as a reason to hit India with hefty import tariffs and also threatened more unspecified penalties for taking the oil. New Delhi has since asked refiners to devise and share plans on sourcing crude from elsewhere...
