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FSIB recommends 5 GMs from 2 PSU re/insurance cos for ED promotions

FSIB recommends 5 GMs from 2 PSU re/insurance cos for ED promotions

by AIP Online Bureau | May 16, 2025 | Indian News, Non-Life, Regulation, Reinsurance

The five names are- Jayashri Balkrishna, GM, GIC Re for GIC-Re, Amandeep Singh Grover, GM, National Insurance Company(NIC) for Oriental Insurance Company(OIC), Anjana Saxena, GM, NIC for OIC, Sanjay Lalla, GM, NIC for Agriculture Insurance Company(AIC), Mini George,...
‘Form SITs to ascertain nature’ SC cancels MoEF nod over transfer of forest land to pvt body

‘Form SITs to ascertain nature’ SC cancels MoEF nod over transfer of forest land to pvt body

by AIP Online Bureau | May 16, 2025 | Climate, Environment, Renewable Energy, Indian News, Policy

“We further direct the chief secretaries of all the states and the administrators of all the Union Territories to constitute special investigation teams for the purpose of examining as to whether any of the reserved forest land in the possession of the revenue...
Passenger vehicle dispatches rise 4 pc, two-wheelers see 17 pc dip in April: SIAM

Passenger vehicle dispatches rise 4 pc, two-wheelers see 17 pc dip in April: SIAM

by AIP Online Bureau | May 15, 2025 | Data, Eco/Invest/Demography, Non-Life, Regulation

SIAM Director General Rajesh Menon stated that the auto industry smoothly transitioned to the new regulatory regime of second stage of On-Board Diagnostics (OBD) 2 regulation for two- and three-wheelers from April 2025 onwards, in addition to rolling out E-20...
Govt clears appointment of Patnaik and Pant as new LIC MDs, Interview for a new CEO soon

Govt clears appointment of Patnaik and Pant as new LIC MDs, Interview for a new CEO soon

by AIP Online Bureau | May 15, 2025 | Indian News, Life, Policy

FSIB will conduct interview soon of all MDs for selecting a new MD & CEO in place of Siddarth Mohanty in June after Patnaik and Pant take over their new positions The MDs who will be appearing for the FSIB interview are-Sat Pal Bhanoo, Ramachandran Doraiswamy,...

Magma General Insurance partners with Toyota Tsusho Insurance Broker India

by AIP Online Bureau | May 14, 2025 | Briefs, Intermediaries, Non-Life, Reinsurance

Magma General Insurance has announced a strategic partnership with Toyota Tsusho Insurance Broker India that will distribute Magma’s comprehensive motor insurance products for private and commercial passenger vehicles through its 150 dealer network. Rajive...
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