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China’s murky bankruptcies expose hazards for foreign investors

by AIP Online Bureau | Apr 15, 2025 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management

Gaps in enforcement of China’s insolvency laws can leave creditors vulnerable to opaque dealings and malicious bankruptcy filings by firms seeking to evade payment obligations, or by individuals trying to appropriate company assets DALIAN: When a Chinese pork...

Indian consumers warming up to data-driven mobility solutions Report

by AIP Online Bureau | Apr 15, 2025 | Data, Eco/Invest/Demography, Risk Management, Technology

Indian customers are also optimistic about tech, with 82 per cent of the people surveyed viewing AI as beneficial, and they prioritise vehicle-smartphone connectivity, as per the study. New Delhi: Indian consumers are willing to share personal information with...
PB Fintech arm gets payment aggregator licence from RBI

PB Fintech arm gets payment aggregator licence from RBI

by AIP Online Bureau | Apr 15, 2025 | Indian News, Regulation, Technology

The paid-up share capital of the proposed company will be Rs 27 crore New Delhi: PB Fintech, the parent entity of Policybazaar, on Tuesday said its subsidiary had secured payment aggregator licence from the RBI. Last year, the company had announced setting up a...
ICICI Lombard’s net profit slips 2% to Rs 510 crore in Q4FY 25

ICICI Lombard’s net profit slips 2% to Rs 510 crore in Q4FY 25

by AIP Online Bureau | Apr 15, 2025 | Indian News, Non-Life

Sanjiv Mantri, MD &CEO, ICICI Lombard General Insurance. The insurer’s combined ratio was at 102.5 per cent in Q4 FY2025 as compared to 102.3 per cent in Q4 FY2024. Its underwriting losses have swelled up by 38 per cent year-on-year(Y-o-Y) to Rs 209 crore from Rs...

ICICI Pru Life’s net profit more than doubled to Rs 386 crore in Q4

by AIP Online Bureau | Apr 15, 2025 | Indian News, Life

ICICI Prudential’s value of new business (VNB), or expected profit from new policies, rose 2.5 per cent to Rs 7.95 billion for the quarter, according to Reuters calculations. ICICI Prudential’s VNB margins for the full year deteriorated to 22.8 per cent...
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