by AIP Online Bureau | Jun 25, 2019 | Indian News, Non-Life
Sydney: Insurance Australia Group(IAG) on Tuesday said it has held talks with external parties on the potential sale of all or part of its 26 per cent stake in India’s SBI General Insurance Company. Australia’s second-largest insurer by...
by AIP Online Bureau | Jun 25, 2019 | Eco/Invest/Demography, International News
The cost of insuring Middle East oil shipments is soaring as tensions mount in a region responsible for about a third of all seaborne petroleum. So-called war risk premiums for a standard oil cargo from the Persian Gulf and the tanker hauling it can now cost...
by AIP Online Bureau | Jun 25, 2019 | Eco/Invest/Demography, International News, Non-Life, Risk Management
LONDON/NEW YORK : Rivals to Lloyd’s of London are riding a rising tide of marine insurance rates, leaving the 330-year-old market behind after it jettisoned sections of its oldest line of business last year. Premiums for marine insurance, which...
by AIP Online Bureau | Jun 24, 2019 | Indian News, Non-Life, Risk Management
NEW DELHI: Universal smart card driving licences are on the anvil, the government said Monday. "The Ministry of Road Transport and Highways … has decided to modify the format of driving licences to laminated card without chip or smart card type driving...
by AIP Online Bureau | Jun 24, 2019 | Eco/Invest/Demography, Indian News
NEW DELHI: The GST Council will consider reducing tax on electric vehicles, which are seen as more environment-friendly, and the matter is pending before it, Minister of State for Finance Anurag Thakur informed the Lok Sabha on Monday. Thakur was replying...
