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Spain approves €10.6 billion relief package for flood victims

by AIP Online Bureau | Nov 6, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Policy

The package includes direct aid for households, self-employed workers and firms; state-backed credit guarantees for companies and residents; and funds for city governments to pay for repairs and reconstruction. Spanish Prime Minister Pedro Sanchez announced the first...

Swiss Re to sell iptiQ’s European P&C business to Allianz Direct

by AIP Online Bureau | Nov 6, 2024 | International News, Non-Life, Reinsurance, Technology

The acquisition will expand Allianz Direct’s footprint further into the B2B2C segment as it is taking over more than 130,000 iptiQ customers. The transaction is in line with Allianz Direct’s goal to expand its B2B2C operations as it can capitalise on...
Amit Ganoakar to succeed Garg as new CEO of Tata AIG General

Amit Ganoakar to succeed Garg as new CEO of Tata AIG General

by AIP Online Bureau | Nov 5, 2024 | Indian News, Non-Life

Amit Ganoakar, MD &CEO designate, Tata AIG General Insurance Market sources pointed out that though there has been no public announcement about the appointment of Ganoakar, Tata Group has already informed the employees through a mail Mumbai: The Tata Group has...
Niva Bupa eyes Rs 2,200-crore via IPO; Sets price band at Rs 70-74/share

Niva Bupa eyes Rs 2,200-crore via IPO; Sets price band at Rs 70-74/share

by AIP Online Bureau | Nov 4, 2024 | Health, Indian News, Wealth Management/ Philanthropy

Krishnan Ramachandran, managing director (MD) and chief executive officer (CEO), Niva Bupa Health Insurance The IPO is a combination of fresh issuance of equity shares worth Rs 800 crore and an offer for sale of up to Rs 1,400 crore by promoters. The company reduced...
Lloyd’s appoints Nathan Adams as its Chief People Officer

Lloyd’s appoints Nathan Adams as its Chief People Officer

by AIP Online Bureau | Nov 4, 2024 | International News, Non-Life, Reinsurance

Nathan Adams, Chief People Officer, Lloyd’s John Neal, chief executive officer, Lloyd’s, said: “Nathan is a strong leader with outstanding experience driving the People agenda in large organisations. He will be a great addition to the team as we continue to...
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