by AIP Online Bureau | Sep 15, 2018 | Uncategorized
New Delhi: Public companies no longer require government approval for paying salaries beyond certain thresholds to their managerial personnel under the companies law, according to a communication. Relaxing the norms, the Corporate Affairs Ministry...
by AIP Online Bureau | Sep 15, 2018 | Indian News
New Delhi: The Supreme Court Thursday directed all states to frame rules to allow selling of uninsured vehicles involved in accidents to pay compensation to the victims. The prevalent rules do not allow selling of the uninsured vehicles making it...
by AIP Online Bureau | Sep 15, 2018 | International News, Reinsurance
PARIS:- Unlisted French cooperative insurer Covea is working on a new approach to its planned takeover of reinsurer Scor after its friendly 8.2 billion euro ($9.5 billion) offer was rejected last month, two sources close to the deal said on Friday. ...
by AIP Online Bureau | Sep 15, 2018 | Indian News
New Delhi: India climbed one spot to 130 among 189 countries in the latest human development index released Friday by the United Nations Development Programme. Within South Asia, India's human development index (HDI) value is above the average of 0.638 for...
by AIP Online Bureau | Sep 14, 2018 | Indian News, Regulation, Reinsurance
New Delhi: The board of insurance regulator IRDAI will meet on Sep 27 to decide on the new reinsurance regulations and approvals of licenses for a few new players. The last board meeting of IRDAI held on June 29 couldn’t find time for...
