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Sebi accuses executives at EY, PwC of insider trading, notice shows

Sebi accuses executives at EY, PwC of insider trading, notice shows

by AIP Online Bureau | Jan 23, 2026 | Indian News, Regulation, Risk Management

Sebi’s notice showed India executives of Carlyle, Advent, PwC, and EY shared unpublished price sensitive information, enabling others to trade on the information. It also accused a ​former Yes Bank board member of sharing price sensitive information enabling...
Govt approves wage and pension revision for PSU general insurance industry

Govt approves wage and pension revision for PSU general insurance industry

by AIP Online Bureau | Jan 23, 2026 | Indian News, Non-Life, Policy

The wage revision for the employees of PSGICs will be effective from 01.08.2022. The overall hike in wage bill shall be 12.41% with an increase of 14% on existing Basic pay and Dearness allowance. A total of 43,247 PSGIC employees will benefit from this revision. The...
AIG and CVC strike $3.5B strategic partnership

AIG and CVC strike $3.5B strategic partnership

by AIP Online Bureau | Jan 22, 2026 | Eco/Invest/Demography, International News, Non-Life

The strategic partnership includes the establishment of large-scale separately managed accounts (“SMAs”) across CVC’s credit strategies, and the launch of CVC’s private equity secondaries evergreen platform with AIG as a cornerstone investor American International...
Beazley rejects Zurich’s take over offer

Beazley rejects Zurich’s take over offer

by AIP Online Bureau | Jan 22, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

“If it makes sense for our shareholders to do a transaction, then we’ll do a transaction,” Beazley Chief Executive Officer Adrian Cox said in an interview. “It just needs to be a Premier League price for a Premier League company.” London:Beazley Plc has rejected...
Air India braces for record $1.6 bn loss after deadly Ahmedabad crash

Air India braces for record $1.6 bn loss after deadly Ahmedabad crash

by AIP Online Bureau | Jan 22, 2026 | Indian News, Non-Life, Reinsurance

The reversal is especially stark because Air India had been edging back toward profitability before the June Dreamliner crash — which killed more than 240 people — undid years of progress. The founders had targeted operational break-even this fiscal year, but...
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