. Vedanarayanan Seshadri (Veda),MD&CEO, Royal Sundaram General...
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Acko General Insurance penalised Rs 1 cr by IRDA for violating regulations
According to the IRDAI order, even where outsourcing is given to an...
Bajaj Group get CCI’s nod to acquire Allianz’s 26 pc stake in insurance JVs for Rs 24,180 cr
"CCI approves the proposed combination involving acquisition of...
Samsung hacked by foreign entity, confidential data leaked: Report
Data extortion entity Lapsus$ has claimed that it hacked the system of the South Korean tech giant and leaked up to 190 gigabytes of its data and source code online, according to the sources Seoul: Samsung Electronics has allegedly been hacked by a foreign hacking...
2021, the most challenging year yet for cyber insurance market: Aon’s Asia Market Review
Organisations with better ability to tolerate risk, and with well-articulated submissions to the market, will have the competitive edge when it comes to accessing insurance coverage, said the report Cyber Threat: Insurance premiums and retentions increased sharply...
BSE EBIX and LIC join hands for distribution of insurance products
EbixCash, a subsidiary of Ebix, Inc. is in the process of seeking IRDA approval to transfer its share ownership in BSE EBIX from its parent Ebix Singapore Pte Ltd. to EbixCash Limited Mumbai: BSE and Ebix Singapore Pte announced the signing of distribution agreement...
Airlines likely to avoid Ukraine’s airspace amid insurance issues
News agency Interfax Ukraine said Ukrainian insurance companies had received a notification from reinsurers that airlines were not covered for war risks More airlines are likely to avoid Ukraine’s airspace amid insurance issues and a decision by leading European...
Axis Bank set to buy Citigroup’s India retail unit for $2.5 bn: Report
For Citigroup Chief Executive Officer Jane Fraser, the planned India retail sale is part of a restructuring to simplify the U.S. lender, do away with its retail banking operations in 13 countries across Asia and Europe, and focus on high-growth businesses such as...
Charles Taylor announces new associate in India
Stephen Hope, Charles Taylor Adjusting’s Director – International Onshore Energy & Mining explains: “The Indian insurance industry has seen significant growth in recent years, and it is an exciting time for Charles Taylor to become a part of this market. Our...
99 of India’s leading financial advisors invest in Network FP to build an End-to-End Edutech Platform
India has over 3 crore families with an income of Rs 10 lakhs per annum and above. Such families need professional money managers as majority of them don't have time or required skills/knowledge to manage money, investments & insurance on their own. Network FP...
Mahindra Lifespaces woos home buyers with health covers
Home buyers will be provided a health covers between Rs 3 lakh and Rs 5 lakh issued by of Care Health Insurance Mumbai: Mahindra Lifespaces today announced a first-of-its-kind group health insurance plan for real estate consumers in India. Under the offering, which...
SC asks states to pay Covid death compensation to families in 10 days
The top court reiterated that applications seeking compensation should not be rejected on technical grounds and if any technical glitch is found, the states concerned should give them opportunity to cure defects as the ultimate goal of the welfare state is to provide...
China issues draft rules for fakes in cyberspace
The regulations provide for people to be protected from being impersonated without their consent by deepfakes - images that are virtually indistinguishable from the original, and easily used for manipulation or misinformation China's cyberspace regulator issued draft...