by AIP Online Bureau | Aug 29, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Fitch expects competition to intensify as supply outpaces demand, with further price softening and slight loosening of terms and conditions at the upcoming renewals, although underwriting discipline should persist. Chicago/Paris/London: Global reinsurers’...
by AIP Online Bureau | Aug 29, 2025 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Wealth Management/ Philanthropy
“The Sensex ended Friday’s trade on a subdued note, slipping 270.92 points to close at 79,809.65 as persistent concerns over US tariffs on Indian exports weighed on investor sentiment and kept foreign inflows under pressure,” Vikram Kasat, Head...
by AIP Online Bureau | Aug 29, 2025 | Eco/Invest/Demography, Indian News, Life
LIC had an asset base of Rs 56.23 lakh crore as of June , 2025 Mumbai: State owned Life Insurance Corporation of India (LIC) on Friday said it has paid a dividend cheque of Rs 7,324.34 crore to Finance Minister Nirmala Sitharaman for the 2024-25 financial year. The...
by AIP Online Bureau | Aug 29, 2025 | Eco/Invest/Demography, Indian News, Policy
India remains the fastest-growing major economy, as China’s GDP growth in the April-June period was 5.2 per cent Commerce and Industry Minister Piyush Goyal on Friday said the government will soon announce measures to boost exports and domestic consumption,...
by AIP Online Bureau | Aug 29, 2025 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
Mukesh Ambani,Reliance Industries Chairman and Managing Director Recently the company had announced 50:50 joint venture with Allianz Group for setting up an Indian reinsurance company. It had also signed agreement with Allianz to explore life and general insurance in...