by AIP Online Bureau | Jul 1, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Technology
M Nagaraju, Secretary,Department of Financial Services “Secretary directed private sector banks to increase their participation in implementation of govt schemes. He stressed upon fast settlement of the claims under Jansuraksha schemes, augmentation of banking...
by AIP Online Bureau | Jun 30, 2025 | Banking & Bancassurance, Indian News, Life, Non-Life
Generali will be holding a 74% stake while Central Bank of India will be holding up to 26% in the joint venture Jaime Anchústegui, deputy CEO, Insurance, Generali Group, commented: “We are pleased to announce this new chapter for our business in India together with...
by AIP Online Bureau | Jun 30, 2025 | Indian News, Non-Life, Reinsurance, Risk Management
“The Hyderabad facility is fully insured, and we are in the process of initiating the necessary claims as per standard procedures. We remain committed to resuming operations at the earliest, with enhanced focus on safety, risk mitigation, and operational...
by AIP Online Bureau | Jun 30, 2025 | Eco/Invest/Demography, Indian News, Life, Pension & Social Security, Regulation
P. Jaipuria, secretary general, Insurance Institute of India, S.N. Bhattacharya, Secretary General, Life Insurance Council, Sat Pal Bhanoo, CEO & MD (In-charge), Life Insurance Corporation, Inderjeet Singh, Secretary General Insurance Council, Kavita...
by AIP Online Bureau | Jun 30, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Shipping rates for supertankers, which can carry 2 million barrels of oil, jumped over the past week before the ceasefire – more than doubling to over $60,000 a day. Rates were quoted around $50,000 a day on Thursday, freight data showed. “Tanker rates …...
