by AIP Online Bureau | Jun 4, 2024 | Banking & Bancassurance, Indian News, Life, Regulation
PNB’s board in its meeting held today has accorded its approval for initiating the process of diluting 10 per cent stake of the bank in Canara HSBC Life Insurance Co Ltd, an associate company of the Bank, by listing the company in stock exchanges (BSE/NSE)...
by AIP Online Bureau | Jun 4, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
As part of the initial agreement, brokered by Howden, Allianz Trade and Saudi EXIM Bank have agreed to work in partnership to provide dedicated non-payment insurance for international exporters and banks to facilitate the trade of non-oil products to the Kingdom...
by AIP Online Bureau | Jun 4, 2024 | Disaster & Management, Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation
Insurers have been advised to settle claim payments/on account payments at the earliest and also encourage policyholders to use electronic communication wherever possible for correspondence Hyderabad: As the cyclone Remal have caused widespread loss of lives, property...
by AIP Online Bureau | Jun 4, 2024 | Workplace/Employee Benefits
India’s robust economic growth, driven by record-beating figures, together with strong tax revenues, expanding digital infrastructure, and a resilient manufacturing sector, provides the new government a platform to launch next-generation reforms that could...
by AIP Online Bureau | Jun 4, 2024 | Indian News, Risk Management, Wealth Management/ Philanthropy
The Nifty index dropped as much as 5.43% to 22,000.60 points while the BSE index fell to a low of 72,337.34 points, down 5.4% on the day. That was the biggest fall since April 2020 and pulled stocks sharply away from records highs struck a day earlier “If there...
