by AIP Online Bureau | Dec 10, 2024 | Banking & Bancassurance, Health, Indian News, Regulation
This move will increase the holding of Burman family in Religare Enterprises Ltd (REL) and will surpass 56 per cent, enabling them to become majority owners in the financial services firm New Delhi: Shares of Religare Enterprises climbed nearly 4 per cent on Tuesday...
by AIP Online Bureau | Dec 9, 2024 | Indian News, Intermediaries, Life
Siddharth Mohanty, MD and CEO, Life Insurance Corporation Talking about proposed changes in the Insurance Act, LIC MD and CEO Siddharth Mohanty said composite licensing boosts the industry and LIC has no issue with it. The proposed changes in the Insurance Act only...
by AIP Online Bureau | Dec 9, 2024 | Intermediaries, International News, Non-Life, Reinsurance
Gallagher follows in the footsteps of rivals Aon and Marsh McLennan, which have also struck $13 billion and $7.75 billion, deals, respectively, over the last 12 months to expand into the vast and fast-growing middle-market insurance business Arthur J Gallagher said on...
by AIP Online Bureau | Dec 9, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy
, Sanjay Malhotra, Governor-designate, Reserve Bank of India The Appointments Committee of the Cabinet cleared Malhotra’s name, who has been appointed as the RBI Governor for three years, starting Wednesday New Delhi: The government on Monday appointed Revenue...
by AIP Online Bureau | Dec 9, 2024 | Indian News, Life, Policy
Prime Minister Narendra Modi is handing over Certificates to one of the Bima Sakhis in Panipat Under the scheme, the woman agents will also get a stipend of Rs 7,000 per month for the first year, Rs 6,000 per month in the second year and Rs 5,000 per month in the...
