by AIP Online Bureau | Apr 30, 2025 | Indian News, Non-Life
Unions want a 17 per cent hike to be on par with the Life Insurance Corporation(LIC) and the Indian banking industry. GIPSA management has assured the matter would be taken up again with the Department Financial Services for further consideration, according to union...
by AIP Online Bureau | Apr 30, 2025 | Articles, Eco/Invest/Demography, Non-Life, Regulation, Risk Management, Technology
Luke Foord-Kelcey, Global Head of Cyber, Howden Re, commented, “Cyber is maturing into a distinct asset class with diversified reinsurance product offerings. Cedents must continue to evaluate reinsurance purchasing strategies critically and holistically, ensuring...
by AIP Online Bureau | Apr 30, 2025 | Indian News, Intermediaries, Life, Non-Life, Reinsurance
Narendra Bharindwal, president, Insurance Brokers Association of India, K. Rajaraman, Chairman, IFSCA , T Alamelu, principal advisor, IFSCA at the launch of IBAI’s chapter at IFSC- GIFT City ` There is a huge retail opportunity for the IFSC-GIFT City based...
by AIP Online Bureau | Apr 30, 2025 | Briefs, Life
Aviva Life Insurance Company India today announced the appointment of Suresh Mahalingam as its new chairperson. Currently, Mahalingam is an independent director Aviva’s board since July 2020. He has over 30 years of leadership experience across the BFSI and FMCG...
by AIP Online Bureau | Apr 30, 2025 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology
A bench of Justices JB Pardiwala and R Mahadevan said the changes in digital KYC guidelines for people with disability, including blindness, and acid attack survivors are necessary as they are unable to complete the KYC process and avail facilities like opening bank...