by AIP Online Bureau | Nov 13, 2024 | Data, Eco/Invest/Demography, Non-Life
Passenger vehicles posted its highest-ever sales of October in 2024 at 3.93 lakh units, with a growth of 0.9 per cent, albeit on a high base of last October. The two-wheeler segment also posted the highest-ever sales of October in 2024, SIAM Director General Rajesh...
by AIP Online Bureau | Nov 12, 2024 | Eco/Invest/Demography, Features, Pension & Social Security
Notably, East India also led in National Pension System (NPS) ownership, with nearly one in four holding an NPS account. Financial product awareness among the respondents from the region was also high, with 97 per cent of individuals aware of life insurance and about...
by AIP Online Bureau | Nov 12, 2024 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life
Union Finance Minister Nirmala Sitharaman The 55th GST Council meeting would be held during one of these two days in which the much awaited decision on exemption or lower GST rate on health and life insurance would be taken New Delhi: Union Finance Minister Nirmala...
by AIP Online Bureau | Nov 12, 2024 | Briefs, Non-Life, Wealth Management/ Philanthropy
Shriram General Insurance Company (SGIC) has entered into a partnership with The Muthoot Group as part of which it will enable Muthoot Securities’ customers to purchase general insurance covers. An agreement was signed between Ragesh GR, CEO, Muthoot Securities,...
by AIP Online Bureau | Nov 12, 2024 | Indian News, Life, Non-Life, Reinsurance
N Ramaswamy, CMD, GIC Re Though the largest Indian reinsurer has cut down its gross premium by 21 per cent to Rs 8,413 crore in the reporting quarter, it has improved its combined ratio, underwriting losses and incurred claims during the period “Our continuous...
