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FM expands footprint in India with new innovative centre in Bengaluru and sales office in Mumbai

by AIP Online Bureau | Jul 23, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

Complementing the Bengaluru expansion, FM will also open a new sales office in Mumbai later this year. The Mumbai office will help the company strengthen its presence in the country’s financial capital, bringing it closer to key clients and decision-makers Bengaluru:...
Indian cities need $2.4 trillion for climate infrastructure by 2050, World Bank says

Indian cities need $2.4 trillion for climate infrastructure by 2050, World Bank says

by AIP Online Bureau | Jul 23, 2025 | Eco/Invest/Demography, Indian News, Risk Management

The number of Indians living in cities is projected to nearly double to 951 million by 2050 from 480 million in 2020. But erratic rainfall, heatwaves, and rising sea levels are leaving urban areas in the world’s most populous nation increasingly vulnerable, the...

Govt clears appointments of 5 EDs in PSU general insurance cos

by AIP Online Bureau | Jul 22, 2025 | Briefs, Non-Life

The government on Tuesday has cleared the appointments of five executive directors(EDs) in different PSU general re/insurance companies. Anjana Saxena and Amandeep Singh Grover have been posted as EDs in Oriental Insurance Company, Jayashri Balkrishna in GIC-Re,...

Shriram Life Insurance signs bancassurance deal with ESAF Small Finance Bank

by AIP Online Bureau | Jul 22, 2025 | Banking & Bancassurance, Briefs, Life

Shriram Life Insurance Company (SLIC) has partnered with ESAF Small Finance Bank as a corporate agent to expand the reach of life insurance products to the underserved segments across India. The bank has 788 branches, 713 ATMs, and 1,095 customer service centres...
Govt’s Bima Sakhi Scheme enrolls over 2 lakh women

Govt’s Bima Sakhi Scheme enrolls over 2 lakh women

by AIP Online Bureau | Jul 22, 2025 | Indian News, Intermediaries, Life

Pankaj Chaudhary, minister of state ,Ministry of Finance LIC has already paid Rs115.13 crore to 2,05,896 Bima Sakhis in the country till July 14 New Delhi: Life Insurance Corporation (LIC) has provided a budget of Rs 520 crore for the government’s Bima Sakhi-...
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