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ICICI Lombard gets Rs 1,728.86-crore GST relief from Bombay High Court

ICICI Lombard gets Rs 1,728.86-crore GST relief from Bombay High Court

by AIP Online Bureau | Jul 4, 2025 | Indian News, Non-Life, Policy

The Bombay High Court has directed the adjudicating authority to re-hear the matter in light of the decision of the GST Council and the circulars,’’ the insurer said in a regulatory filing. Mumbai: In a relief to ICICI Lombard General Insurance, a positive development...
Former IRDA member Rakesh Joshi made chairman of Bima Sugam India Federation

Former IRDA member Rakesh Joshi made chairman of Bima Sugam India Federation

by AIP Online Bureau | Jul 3, 2025 | Indian News, Life, Non-Life, Technology

Rakesh Joshi, chairman, Bima Sugam India Federation Joshi as a member of IRDA from March 2022 to December 2023, under the chairmanship of Debasish Panda  was very closely involved with the development and implementation of Bima Sugam  and Bima Vistaar...

LIC launches a new product- Nav Jeevan Shree

by AIP Online Bureau | Jul 3, 2025 | Briefs, Life

Life Insurance Corporation has launched a new product Nav Jeevan Shree, a non-par, non-linked, individual, savings plan. It a has a minimum term of five years and a maximum term of 20 years. It will be available from...
Zurich Insurance to buy Canadian cyber risk management firm BOXX Insurance

Zurich Insurance to buy Canadian cyber risk management firm BOXX Insurance

by AIP Online Bureau | Jul 3, 2025 | Intermediaries, Non-Life, Risk Management, Technology

“BOXX’s digital-first, service-led approach will help us further enhance customer engagement and provide integrated solutions that make people’s everyday life easier,” Cara Morton, CEO Zurich Global Ventures said in the statement. Zurich Insurance Group AG agreed to...

Drones clear Mount Everest’s trash-covered slopes

by AIP Online Bureau | Jul 3, 2025 | Climate, Environment, Renewable Energy, International News, Risk Management, Technology

Climate change is only adding to the urgency to clean Everest. Snow and ice are melting, exposing decades-old garbage that can contaminate waterways fed by the runoff and that flow down to villages below Human waste, empty oxygen cylinders, kitchen leftovers and...
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