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Volante Global appoints Demian Smith as new Group CEO

Volante Global appoints Demian Smith as new Group CEO

by AIP Online Bureau | Jul 28, 2025 | International News, Reinsurance

Demian Smith,CEO, Volante Global Smith joins Volante Global from Guy Carpenter where he was Head of Mutual, Agency and Captive Solutions and Co-Head of Strategic Partnerships for the past five years. Prior to Guy Carpenter, Smith was CEO of StarStone Group. LONDON:...
Former finance secy Ajay Seth takes over as new chairman of IRDAI

Former finance secy Ajay Seth takes over as new chairman of IRDAI

by AIP Online Bureau | Jul 28, 2025 | Health, Life, Non-Life, Regulation

Some of the other issues, which will be matter of focus for Seth, is falling insurance penetration in the country and unaffordability of insurance premium, particularly health insurance, about which of late the government has been vocal about. Hyderabad: Former...
Govt tasks PSU general insurers to ramp up Property portfolio and customer services

Govt tasks PSU general insurers to ramp up Property portfolio and customer services

by AIP Online Bureau | Jul 27, 2025 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy

(L to R)-Girija Subramaninan, CMD, New India Assurance(NIA), Krishna S Vatsa, member, National Disaster Management Authority and Parshant K Goyal, joint secretary, Department of Financial Services. at NIA’s 107th foundation day celebration “For...
Centre conducts over 9,700 cybersecurity audits of critical sectors like banking, insurance

Centre conducts over 9,700 cybersecurity audits of critical sectors like banking, insurance

by AIP Online Bureau | Jul 27, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology

Jitin Prasada,Minister of State for Electronics and IT “The policies of government of India are aimed at ensuring a safe, trusted, and accountable cyberspace for all users. Multiple initiatives have been undertaken to secure critical infrastructure sectors such as...
No plan to levy GST on UPI transactions exceeding Rs 2,000: Centre

No plan to levy GST on UPI transactions exceeding Rs 2,000: Centre

by AIP Online Bureau | Jul 27, 2025 | Eco/Invest/Demography, Indian News, Policy

Pankaj Chaudhary, Minister of State of Finance Pankaj Chaudhary, Minister of State of Finance, said in the Rajya Sabha that “there is no recommendation of levying GST on UPI transactions of over Rs 2.000 from the GST Council”. New Delhi: The government has...
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